44,412 Shares in Exelon Corporation $EXC Bought by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs bought a new position in Exelon Corporation (NASDAQ:EXC) during the 1st quarter, Holdings Channel reports. The fund bought 44,412 shares of the company’s stock, valued at approximately $1,946,000.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in Exelon by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 127,917,037 shares of the company’s stock worth $5,894,417,000 after acquiring an additional 581,686 shares during the period. Deutsche Bank AG raised its holdings in Exelon by 11.6% in the 1st quarter. Deutsche Bank AG now owns 19,077,520 shares of the company’s stock worth $879,092,000 after acquiring an additional 1,988,212 shares during the period. Massachusetts Financial Services Co. MA raised its holdings in Exelon by 0.7% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 15,837,173 shares of the company’s stock worth $729,777,000 after acquiring an additional 106,917 shares during the period. Invesco Ltd. raised its holdings in Exelon by 0.6% in the 1st quarter. Invesco Ltd. now owns 13,802,263 shares of the company’s stock worth $636,008,000 after acquiring an additional 83,518 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Exelon by 43.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,846,030 shares of the company’s stock worth $483,525,000 after acquiring an additional 3,878,687 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of Exelon stock opened at $43.38 on Friday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.85 and a current ratio of 0.95. The firm’s 50-day simple moving average is $44.00 and its 200-day simple moving average is $44.20. Exelon Corporation has a twelve month low of $35.94 and a twelve month high of $48.11. The firm has a market cap of $43.81 billion, a P/E ratio of 16.49, a price-to-earnings-growth ratio of 2.55 and a beta of 0.41.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, July 31st. The company reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.02. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The business had revenue of $5.43 billion for the quarter, compared to analyst estimates of $5.47 billion. During the same period in the previous year, the business earned $0.47 EPS. The firm’s revenue was up 1.2% on a year-over-year basis. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. As a group, research analysts expect that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, August 11th will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Monday, August 11th. Exelon’s payout ratio is 60.84%.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. UBS Group restated a “neutral” rating and issued a $48.00 price target (up from $47.00) on shares of Exelon in a research report on Friday, July 11th. Morgan Stanley restated an “outperform” rating on shares of Exelon in a research report on Thursday, August 21st. Finally, KeyCorp decreased their price target on shares of Exelon from $39.00 to $37.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 16th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $47.20.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.