ABN Amro Investment Solutions Purchases 17,017 Shares of Exelon Corporation $EXC

ABN Amro Investment Solutions grew its position in Exelon Corporation (NASDAQ:EXC) by 14.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 134,220 shares of the company’s stock after buying an additional 17,017 shares during the quarter. ABN Amro Investment Solutions’ holdings in Exelon were worth $6,579,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in EXC. Vanguard Group Inc. raised its holdings in shares of Exelon by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after buying an additional 595,555 shares in the last quarter. State Street Corp boosted its stake in Exelon by 4.0% in the fourth quarter. State Street Corp now owns 66,623,103 shares of the company’s stock valued at $2,904,101,000 after buying an additional 2,550,786 shares in the last quarter. Lazard Asset Management LLC grew its position in Exelon by 3.0% in the fourth quarter. Lazard Asset Management LLC now owns 23,130,053 shares of the company’s stock valued at $1,008,239,000 after acquiring an additional 683,950 shares during the last quarter. Deutsche Bank AG grew its position in Exelon by 2.9% in the fourth quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock valued at $913,853,000 after acquiring an additional 595,655 shares during the last quarter. Finally, Wellington Management Group LLP raised its stake in Exelon by 2.2% during the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after acquiring an additional 393,917 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXC. TD Cowen dropped their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $50.00 to $49.00 in a research note on Friday, April 17th. Citigroup started coverage on shares of Exelon in a research report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price on the stock. Finally, Truist Financial boosted their target price on shares of Exelon from $49.00 to $50.00 and gave the stock a “hold” rating in a research note on Thursday, July 16th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $50.33.

Exelon Stock Performance

Exelon stock opened at $46.70 on Thursday. The business has a 50 day moving average of $46.02 and a 200-day moving average of $46.45. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The company has a market capitalization of $47.78 billion, a P/E ratio of 17.11, a P/E/G ratio of 2.66 and a beta of 0.31.

Exelon (NASDAQ:EXC) last posted its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. During the same period last year, the company earned $0.92 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Thursday, June 4th. Exelon’s payout ratio is 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.