Northwestern Mutual Wealth Management Co. Purchases Shares of 84,667 Exelon Corporation $EXC

Northwestern Mutual Wealth Management Co. acquired a new position in Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 84,667 shares of the company’s stock, valued at approximately $3,947,000.

Other large investors also recently added to or reduced their stakes in the company. Motiv8 Investments LLC bought a new position in Exelon in the fourth quarter worth approximately $25,000. Leonteq Securities AG purchased a new stake in shares of Exelon in the 4th quarter worth $26,000. Bell Investment Advisors Inc increased its stake in shares of Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares in the last quarter. SHP Wealth Management bought a new position in Exelon in the 4th quarter worth $26,000. Finally, Eastern Bank bought a new position in Exelon in the 2nd quarter worth $26,000. 80.92% of the stock is currently owned by institutional investors.

Exelon Trading Up 1.3%

Shares of Exelon stock opened at $44.34 on Tuesday. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The company has a market capitalization of $45.77 billion, a P/E ratio of 16.24, a P/E/G ratio of 2.65 and a beta of 0.31. The company has a fifty day moving average of $46.22 and a 200 day moving average of $46.71.

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

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s payout ratio is currently 61.54%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Morgan Stanley lowered their target price on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Friday. Truist Financial decreased their price objective on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. KeyCorp lowered their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. TD Cowen cut their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Finally, Weiss Ratings downgraded Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $50.07.

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.