Mitsubishi UFJ Trust & Banking Corp Acquires 16,575 Shares of Exelon Corporation $EXC

Mitsubishi UFJ Trust & Banking Corp grew its holdings in Exelon Corporation (NASDAQ:EXC) by 3.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 479,239 shares of the company’s stock after acquiring an additional 16,575 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Exelon were worth $21,571,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Hager Investment Management Services LLC increased its stake in Exelon by 100.0% during the 2nd quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock worth $29,000 after purchasing an additional 335 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Exelon in the second quarter valued at approximately $29,000. Root Financial Partners LLC bought a new stake in shares of Exelon during the third quarter worth $30,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of Exelon during the third quarter worth $32,000. Finally, Motco raised its holdings in shares of Exelon by 1,008.7% during the third quarter. Motco now owns 765 shares of the company’s stock worth $34,000 after acquiring 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 $44.55 on Tuesday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.85 and a current ratio of 0.94. The stock has a 50 day moving average price of $44.32 and a 200 day moving average price of $44.76. The stock has a market capitalization of $45.01 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 2.59 and a beta of 0.46. Exelon Corporation has a 52 week low of $39.47 and a 52 week high of $48.51.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The company had revenue of $6.71 billion for the quarter, compared to analysts’ expectations of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts predict that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were paid a $0.40 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) is currently 57.35%.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of research reports. KeyCorp set a $39.00 target price on Exelon in a report on Friday, December 12th. BTIG Research initiated coverage on Exelon in a research report on Tuesday, October 21st. They set a “neutral” rating for the company. Morgan Stanley reissued an “underperform” rating and issued a $51.00 target price on shares of Exelon in a research report on Wednesday, January 21st. JPMorgan Chase & Co. reduced their price target on Exelon from $50.00 to $47.00 and set a “neutral” rating for the company in a research report on Friday, December 12th. Finally, Royal Bank Of Canada began coverage on shares of Exelon in a research note on Wednesday, January 7th. They set a “sector perform” rating and a $51.00 price target for the company. Seven investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Exelon has a consensus rating of “Hold” and a consensus target price of $49.54.

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.