Mizuho Markets Americas LLC Invests $81.15 Million in Exelon Corporation $EXC

Mizuho Markets Americas LLC acquired a new position in shares of Exelon Corporation (NASDAQ:EXC) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund acquired 1,655,400 shares of the company’s stock, valued at approximately $81,148,000. Exelon makes up 2.2% of Mizuho Markets Americas LLC’s portfolio, making the stock its 11th biggest position.

A number of other hedge funds and other institutional investors also recently bought and sold shares of EXC. Optima Capital LLC purchased a new position in Exelon in the fourth quarter worth $25,000. Motiv8 Investments LLC purchased a new stake in shares of Exelon during the 4th quarter valued at $25,000. Beacon Financial Strategies CORP purchased a new stake in shares of Exelon during the 4th quarter valued at $26,000. Leonteq Securities AG acquired a new stake in shares of Exelon in the 4th quarter worth $26,000. Finally, SHP Wealth Management acquired a new stake in shares of Exelon in the 4th quarter worth $26,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 1.2%

EXC stock opened at $47.28 on Friday. The company has a market capitalization of $48.38 billion, a P/E ratio of 17.32, a price-to-earnings-growth ratio of 2.70 and a beta of 0.31. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65. The firm’s fifty day simple moving average is $46.08 and its 200-day simple moving average is $46.47. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter last year, the company posted $0.92 earnings per share. 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. As a group, equities research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. The ex-dividend date was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Citigroup began coverage on Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price on the stock. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and dropped their price target for the stock from $55.00 to $50.00 in a research note on Monday, April 20th. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $50.00 to $49.00 in a report on Friday, April 17th. TD Cowen decreased their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Finally, Royal Bank Of Canada lowered their target price on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $50.33.

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.