PensionDanmark Pensionsforsikringsaktieselskab Raises Stake in Exelon Corporation $EXC

PensionDanmark Pensionsforsikringsaktieselskab raised its holdings in Exelon Corporation (NASDAQ:EXC) by 6.6% during the second quarter, HoldingsChannel reports. The firm owned 194,192 shares of the company’s stock after buying an additional 12,032 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Exelon were worth $9,053,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. ASR Vermogensbeheer N.V. lifted its position in Exelon by 28.4% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after acquiring an additional 60,250 shares during the period. B. Metzler seel. Sohn & Co. AG increased its holdings in shares of Exelon by 26.9% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock valued at $9,393,000 after purchasing an additional 45,723 shares during the period. Asset Management One Co. Ltd. increased its holdings in shares of Exelon by 19.2% in the fourth quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock valued at $25,404,000 after purchasing an additional 93,682 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Exelon by 18.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company’s stock valued at $25,339,000 after purchasing an additional 89,822 shares during the period. Finally, Ethic Inc. raised its stake in shares of Exelon by 7.6% during the fourth quarter. Ethic Inc. now owns 334,268 shares of the company’s stock worth $14,571,000 after purchasing an additional 23,567 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EXC has been the topic of several recent research reports. BMO Capital Markets reissued a “market perform” rating and issued a $49.00 price objective (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Morgan Stanley lowered their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Royal Bank Of Canada dropped their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and reduced their price objective for the company from $55.00 to $50.00 in a research report on Monday, April 20th. Finally, Truist Financial lifted their price objective on Exelon from $49.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, July 16th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $50.33.

Exelon Price Performance

Exelon stock opened at $45.61 on Friday. The company has a market cap of $47.08 billion, a P/E ratio of 16.71, a price-to-earnings-growth ratio of 2.76 and a beta of 0.31. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65. The business has a fifty day moving average of $46.29 and a two-hundred day moving average of $46.65. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%.The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period last year, the company earned $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio is presently 61.54%.

About Exelon

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.