Asset Management One Co. Ltd. Acquires 67,484 Shares of Exelon Corporation $EXC

Asset Management One Co. Ltd. boosted its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 16.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 488,580 shares of the company’s stock after acquiring an additional 67,484 shares during the period. Asset Management One Co. Ltd.’s holdings in Exelon were worth $21,991,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in EXC. Norges Bank bought a new stake in Exelon in the second quarter valued at about $589,122,000. Canada Pension Plan Investment Board boosted its holdings in Exelon by 164.3% during the second quarter. Canada Pension Plan Investment Board now owns 5,593,627 shares of the company’s stock worth $242,875,000 after buying an additional 3,476,942 shares during the last quarter. State Street Corp grew its position in shares of Exelon by 4.0% during the 2nd quarter. State Street Corp now owns 64,077,850 shares of the company’s stock worth $2,782,260,000 after buying an additional 2,491,064 shares during the period. Vanguard Group Inc. increased its stake in shares of Exelon by 1.6% in the 2nd 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 during the last quarter. Finally, Man Group plc raised its position in shares of Exelon by 99.4% in the 2nd quarter. Man Group plc now owns 3,034,725 shares of the company’s stock valued at $131,768,000 after acquiring an additional 1,512,552 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analysts Set New Price Targets

EXC has been the subject of a number of analyst reports. Jefferies Financial Group set a $57.00 price objective on shares of Exelon in a report on Wednesday, October 15th. KeyCorp set a $39.00 price target on shares of Exelon in a research report on Friday, December 12th. UBS Group decreased their price target on shares of Exelon from $49.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Evercore ISI began coverage on shares of Exelon in a research report on Monday, October 6th. They issued an “outperform” rating and a $57.00 price objective for the company. Finally, Barclays raised their price objective on Exelon from $48.00 to $52.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $49.75.

Exelon Stock Down 0.9%

Exelon stock opened at $43.54 on Tuesday. The company has a 50 day moving average of $44.99 and a 200-day moving average of $44.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66. Exelon Corporation has a twelve month low of $37.13 and a twelve month high of $48.51. The stock has a market capitalization of $43.99 billion, a PE ratio of 15.61, a price-to-earnings-growth ratio of 2.58 and a beta of 0.46.

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

Exelon Announces Dividend

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

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.