Lombard Odier Asset Management Switzerland SA Acquires 189,800 Shares of Exelon Corporation $EXC

Lombard Odier Asset Management Switzerland SA boosted its holdings in Exelon Corporation (NASDAQ:EXC) by 1,493.3% during the 4th quarter, HoldingsChannel.com reports. The fund owned 202,510 shares of the company’s stock after buying an additional 189,800 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Exelon were worth $8,827,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Caxton Associates LLP bought a new position in Exelon during the 1st quarter valued at about $286,000. Woodline Partners LP lifted its stake in Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after acquiring an additional 24,580 shares during the period. Jump Financial LLC bought a new position in Exelon during the 2nd quarter valued at about $2,448,000. Gamco Investors INC. ET AL bought a new position in Exelon during the 2nd quarter valued at about $645,000. Finally, Treasurer of the State of North Carolina lifted its stake in Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after acquiring an additional 14,240 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Price Performance

Shares of Exelon stock opened at $46.59 on Wednesday. Exelon Corporation has a one year low of $42.18 and a one year high of $50.65. The stock’s fifty day moving average is $46.08 and its 200 day moving average is $45.98. The stock has a market cap of $47.67 billion, a P/E ratio of 17.07, a P/E/G ratio of 2.68 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94.

Exelon (NASDAQ:EXC) last released its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter last year, the business earned $0.92 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.6%. The ex-dividend date was Thursday, June 4th. Exelon’s payout ratio is currently 61.54%.

Analysts Set New Price Targets

Several research firms have issued reports on EXC. Truist Financial lowered their target price on shares of Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 29th. JPMorgan Chase & Co. increased their price target on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Jefferies Financial Group cut Exelon from a “buy” rating to a “hold” rating and lowered their price target for the company from $55.00 to $50.00 in a report on Monday, April 20th. Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Finally, TD Cowen lowered their price target on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Exelon presently has a consensus rating of “Hold” and an average price target of $50.27.

Exelon Company Profile

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.