PNC Financial Services Group Inc. grew its holdings in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 4.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 356,593 shares of the company’s stock after buying an additional 15,309 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Exelon were worth $17,480,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently modified their holdings of EXC. ASR Vermogensbeheer N.V. increased its stake in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after buying an additional 60,250 shares during the period. B. Metzler seel. Sohn & Co. AG boosted its position in Exelon by 26.9% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock valued at $9,393,000 after buying an additional 45,723 shares during the period. Asset Management One Co. Ltd. boosted its position in Exelon by 19.2% in the 4th quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock valued at $25,404,000 after buying an additional 93,682 shares during the period. Ledyard National Bank grew its stake in Exelon by 616.8% in the 4th quarter. Ledyard National Bank now owns 43,926 shares of the company’s stock worth $1,915,000 after acquiring an additional 37,798 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Exelon by 18.3% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company’s stock worth $25,339,000 after acquiring an additional 89,822 shares in the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.
Exelon Stock Up 0.5%
Shares of Exelon stock opened at $47.53 on Friday. The firm’s 50 day moving average price is $46.16 and its 200-day moving average price is $46.48. The company has a market cap of $48.63 billion, a P/E ratio of 17.41, a PEG ratio of 2.74 and a beta of 0.31. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. Exelon Corporation has a 52-week low of $42.58 and a 52-week high of $50.65.
Exelon Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were paid a $0.42 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.5%. Exelon’s dividend payout ratio (DPR) is 61.54%.
Key Exelon News
Here are the key news stories impacting Exelon this week:
- Positive Sentiment: Wells Fargo maintained its Buy rating on Exelon, which can support investor confidence and suggests at least one major firm still sees upside in the shares. Wells Fargo Sticks to Their Buy Rating for Exelon (EXC)
- Neutral Sentiment: Exelon’s “time of day pricing” launch is putting its valuation back in focus, indicating the market is reassessing the stock’s worth rather than responding to a clear operational surprise. Exelon (EXC) Time Of Day Pricing Launch Puts Valuation Back In Focus
- Neutral Sentiment: KeyCorp reiterated a cautious stance on Exelon, issuing an Underweight rating with a $41 price target and estimates for Q2, Q3, Q4 2026 and FY2030 earnings; this may pressure sentiment by reinforcing a more conservative view on the stock’s upside.
- Neutral Sentiment: Exelon’s short-interest update showed no reported short interest, which does not point to a meaningful bearish trading signal at the moment.
- Neutral Sentiment: Zacks noted that Exelon’s upcoming earnings report may not be set up for a likely beat, keeping investors focused on execution risks ahead of the release. Exelon (EXC) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
Wall Street Analyst Weigh In
A number of brokerages have weighed in on EXC. Wells Fargo & Company set a $50.00 target price on Exelon in a research report on Tuesday, April 21st. TD Cowen decreased their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $50.00 to $49.00 in a research note on Friday, April 17th. Truist Financial increased their price objective on shares of Exelon from $49.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, July 16th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $49.00 price objective (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $50.33.
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.
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