Baillie Gifford & Co. Increases Stock Holdings in Exelon Corporation $EXC

Baillie Gifford & Co. boosted its stake in Exelon Corporation (NASDAQ:EXC) by 325.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 366,170 shares of the company’s stock after acquiring an additional 280,140 shares during the quarter. Baillie Gifford & Co.’s holdings in Exelon were worth $16,481,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in shares of Exelon during the third quarter worth $30,000. Hager Investment Management Services LLC grew its holdings in Exelon by 100.0% during the 2nd quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock valued at $29,000 after purchasing an additional 335 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Exelon during the 2nd quarter worth $29,000. Steigerwald Gordon & Koch Inc. purchased a new stake in Exelon during the 3rd quarter worth $32,000. Finally, Motco lifted its holdings in Exelon by 1,008.7% in the 3rd quarter. Motco now owns 765 shares of the company’s stock worth $34,000 after buying an additional 696 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on EXC. KeyCorp set a $39.00 target price on Exelon in a research report on Friday, December 12th. BTIG Research initiated coverage on shares of Exelon in a research note on Tuesday, October 21st. They issued a “neutral” rating for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Exelon in a research note on Friday, October 31st. Jefferies Financial Group set a $57.00 price objective on shares of Exelon in a report on Wednesday, October 15th. Finally, TD Cowen began coverage on shares of Exelon in a research note on Thursday, October 16th. They issued a “hold” rating and a $49.00 target price on the stock. Seven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Exelon presently has an average rating of “Hold” and an average target price of $49.54.

Exelon Price Performance

Shares of EXC opened at $44.06 on Friday. Exelon Corporation has a 12 month low of $38.85 and a 12 month high of $48.51. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85. The stock has a fifty day moving average price of $44.37 and a 200 day moving average price of $44.74. The company has a market cap of $44.51 billion, a P/E ratio of 15.79, a PEG ratio of 2.59 and a beta of 0.46.

Exelon (NASDAQ:EXC) last posted its earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.17. The company had revenue of $6.71 billion for the quarter, compared to analysts’ expectations 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, research analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. The ex-dividend date of this dividend was Monday, November 10th. Exelon’s payout ratio is presently 57.35%.

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.