84,660 Exelon Corporation $EXC Shares Purchased by RWC Asset Management LLP

RWC Asset Management LLP increased its stake in Exelon Corporation (NASDAQ:EXC) by 5.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 1,677,441 shares of the company’s stock after acquiring an additional 84,660 shares during the period. Exelon accounts for approximately 2.5% of RWC Asset Management LLP’s holdings, making the stock its 8th largest holding. RWC Asset Management LLP’s holdings in Exelon were worth $67,769,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in EXC. Axiom Investment Management LLC purchased a new stake in Exelon during the first quarter valued at approximately $27,000. Eastern Bank bought a new stake in shares of Exelon in the 2nd quarter valued at approximately $26,000. Elevation Wealth Partners LLC lifted its stake in shares of Exelon by 440.0% in the 2nd quarter. Elevation Wealth Partners LLC now owns 594 shares of the company’s stock valued at $28,000 after purchasing an additional 484 shares during the last quarter. Silvant Capital Management LLC bought a new stake in shares of Exelon in the 2nd quarter valued at approximately $29,000. Finally, North Point Portfolio Managers Corp OH purchased a new position in shares of Exelon in the 3rd quarter worth approximately $29,000. 80.92% of the stock is owned by institutional investors.

Exelon News Summary

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Zacks said Exelon has two key factors supporting a likely earnings beat in its upcoming report, potentially improving investor sentiment ahead of results. Exelon Expected to Beat Earnings Estimates
• Neutral Sentiment: Exelon is projected to report earnings on Friday, keeping the upcoming results as the next major catalyst for the stock. Exelon Projected to Announce Earnings
• Neutral Sentiment: HSBC initiated coverage with a hold rating and a $44.00 price target, implying little expected movement from current levels. HSBC Sets a Price Target for Exelon
• Neutral Sentiment: Morgan Stanley also assigned Exelon a hold rating, reinforcing the lack of a strong bullish or bearish consensus. Exelon Receives a Hold from Morgan Stanley
• Negative Sentiment: BMO Capital Markets lowered its price target from $47 to $45 and maintained a market perform rating. The reduced target signals more limited appreciation potential and adds pressure to the shares. BMO Lowers Exelon Price Target

Exelon Trading Down 0.9%

Exelon stock traded down $0.42 during midday trading on Friday, reaching $44.43. The stock had a trading volume of 5,754,190 shares, compared to its average volume of 7,998,263. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. Exelon Corporation has a 52-week low of $39.73 and a 52-week high of $50.65. The firm has a market cap of $45.86 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 2.45 and a beta of 0.30. The company has a fifty day moving average of $42.83 and a 200 day moving average of $45.04.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) 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 firm had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the previous year, the business earned $0.39 EPS. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, September 4th. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on EXC shares. Barclays cut their target price on Exelon from $49.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Monday, October 19th. Truist Financial decreased their price target on Exelon from $48.00 to $46.00 and set a “hold” rating on the stock in a report on Friday, October 16th. JPMorgan Chase & Co. lowered their price target on Exelon from $47.00 to $46.00 and set a “neutral” rating for the company in a research report on Monday, October 19th. Argus dropped their price objective on shares of Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a research note on Tuesday, September 22nd. Finally, Morgan Stanley dropped their price objective on shares of Exelon from $50.00 to $49.00 and set an “equal weight” rating for the company in a research note on Wednesday. Six equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $48.58.

Exelon Company Profile

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.