41,817 Shares in Exelon Corporation $EXC Acquired by Daiichi Life Insurance Co. Ltd.

Daiichi Life Insurance Co. Ltd. bought a new stake in Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 41,817 shares of the company’s stock, valued at approximately $1,950,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EXC. Commerce Bank acquired a new stake in Exelon during the 2nd quarter valued at $6,984,000. GQG Partners LLC acquired a new position in shares of Exelon in the second quarter worth $922,917,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Exelon in the second quarter valued at $3,947,000. Quantbot Technologies LP purchased a new stake in shares of Exelon in the second quarter valued at $9,194,000. Finally, Varma Mutual Pension Insurance Co acquired a new stake in shares of Exelon during the second quarter valued at $14,761,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

NASDAQ EXC opened at $43.78 on Monday. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65. The company has a 50-day moving average of $46.25 and a 200-day moving average of $46.70. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The company has a market cap of $45.19 billion, a P/E ratio of 16.04, a P/E/G ratio of 2.65 and a beta of 0.31.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The company had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter in the previous year, the company earned $0.39 earnings per share. The company’s revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. KeyCorp reduced their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. TD Cowen cut their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Truist Financial decreased their target price on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Finally, Morgan Stanley cut their price target on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $50.07.

About Exelon

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.