Osaic Holdings Inc. Has $9.96 Million Stock Holdings in Exelon Corporation $EXC

Osaic Holdings Inc. boosted its position in Exelon Corporation (NASDAQ:EXC) by 19.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 229,017 shares of the company’s stock after buying an additional 36,756 shares during the period. Osaic Holdings Inc.’s holdings in Exelon were worth $9,961,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EXC. Vanguard Group Inc. increased its holdings in shares of Exelon by 1.6% during the second quarter. Vanguard Group Inc. now owns 129,992,051 shares of the company’s stock valued at $5,644,255,000 after acquiring an additional 2,075,014 shares in the last quarter. State Street Corp increased its stake in Exelon by 4.0% during the 2nd quarter. State Street Corp now owns 64,077,850 shares of the company’s stock valued at $2,782,260,000 after purchasing an additional 2,491,064 shares in the last quarter. Geode Capital Management LLC raised its holdings in Exelon by 3.4% during the second quarter. Geode Capital Management LLC now owns 27,958,588 shares of the company’s stock worth $1,209,229,000 after buying an additional 931,897 shares during the last quarter. Invesco Ltd. raised its holdings in Exelon by 7.4% during the second quarter. Invesco Ltd. now owns 14,826,137 shares of the company’s stock worth $643,751,000 after buying an additional 1,023,874 shares during the last quarter. Finally, Norges Bank bought a new position in shares of Exelon in the second quarter valued at $589,122,000. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Down 1.4%

NASDAQ:EXC opened at $43.66 on Friday. Exelon Corporation has a 52 week low of $36.55 and a 52 week high of $48.51. The firm has a 50-day moving average price of $45.88 and a two-hundred day moving average price of $44.57. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.85 and a current ratio of 0.94. The firm has a market cap of $44.11 billion, a price-to-earnings ratio of 15.65, a price-to-earnings-growth ratio of 2.68 and a beta of 0.45.

Exelon (NASDAQ:EXC) last announced its earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The firm had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, equities analysts expect that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, November 10th. Exelon’s dividend payout ratio is 57.35%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. KeyCorp set a $39.00 target price on shares of Exelon in a research report on Friday, December 12th. Wells Fargo & Company upgraded Exelon to a “strong-buy” rating in a research note on Tuesday, October 28th. TD Cowen initiated coverage on Exelon in a research note on Thursday, October 16th. They issued a “hold” rating and a $49.00 price objective for the company. BTIG Research initiated coverage on Exelon in a research report on Tuesday, October 21st. They set a “neutral” rating on the stock. Finally, JPMorgan Chase & Co. cut their target price on Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, five have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $49.75.

Exelon 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.