AIA Group Ltd Acquires 73,673 Shares of Exelon Corporation $EXC

AIA Group Ltd boosted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 108.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 141,338 shares of the company’s stock after buying an additional 73,673 shares during the period. AIA Group Ltd’s holdings in Exelon were worth $6,362,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. LRI Investments LLC raised its holdings in shares of 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 during the period. Elevation Point Wealth Partners LLC acquired a new position in Exelon in the 2nd quarter worth $29,000. Root Financial Partners LLC bought a new position in Exelon during the 3rd quarter worth about $30,000. Steigerwald Gordon & Koch Inc. bought a new position in Exelon during the 3rd quarter worth about $32,000. Finally, Motco raised its stake in shares of Exelon by 1,008.7% in 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 period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $49.25 on Thursday. The stock has a 50 day moving average price of $46.50 and a 200 day moving average price of $45.55. Exelon Corporation has a 52 week low of $41.71 and a 52 week high of $50.65. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. The stock has a market capitalization of $50.38 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 2.91 and a beta of 0.45.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same quarter last year, the business posted $0.64 EPS. Exelon’s revenue was down 1.1% compared to the same quarter last year. 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 fiscal year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.4%. This is a positive change from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend was Monday, March 2nd. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on EXC. Jefferies Financial Group cut their price target on Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Scotiabank boosted their target price on Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a research note on Friday, February 13th. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Finally, JPMorgan Chase & Co. raised their price target on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Eight analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Exelon presently has a consensus rating of “Hold” and an average price target of $50.93.

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.