Danske Bank A S Makes New Investment in Exelon Corporation $EXC

Danske Bank A S acquired a new stake in Exelon Corporation (NASDAQ:EXC) in the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 1,150,384 shares of the company’s stock, valued at approximately $51,779,000. Danske Bank A S owned approximately 0.11% of Exelon at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. LRI Investments LLC raised its stake in Exelon by 210.8% during the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after acquiring an additional 392 shares in the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of Exelon in the second quarter worth about $29,000. Root Financial Partners LLC acquired a new stake in shares of Exelon in the 3rd quarter valued at approximately $30,000. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Exelon during the 3rd quarter valued at approximately $32,000. Finally, Motco grew its holdings in shares of Exelon by 1,008.7% during the 3rd quarter. Motco now owns 765 shares of the company’s stock valued at $34,000 after purchasing an additional 696 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

EXC has been the subject of several research reports. Wells Fargo & Company increased their price objective on shares of Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. UBS Group boosted their target price on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. upped their price target on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Finally, Wolfe Research downgraded Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Exelon currently has an average rating of “Hold” and a consensus price target of $50.93.

Exelon Stock Down 1.6%

Shares of NASDAQ:EXC opened at $49.25 on Thursday. The firm has a market cap of $50.38 billion, a P/E ratio of 18.04, a P/E/G ratio of 2.91 and a beta of 0.45. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. Exelon Corporation has a 12-month low of $41.71 and a 12-month high of $50.65. The business has a fifty day simple moving average of $46.50 and a 200 day simple moving average of $45.55.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.Exelon’s quarterly revenue was down 1.1% on a year-over-year basis. During the same period last year, the firm posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts predict that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Monday, March 2nd were issued a $0.42 dividend. The ex-dividend date was Monday, March 2nd. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a yield of 3.4%. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

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.