Public Employees Retirement System of Ohio Purchases Shares of 352,115 Exelon Corporation $EXC

Public Employees Retirement System of Ohio purchased a new stake in Exelon Corporation (NASDAQ:EXC) during the second quarter, HoldingsChannel reports. The institutional investor purchased 352,115 shares of the company’s stock, valued at approximately $16,416,000.

Several other institutional investors and hedge funds also recently modified their holdings of EXC. Motiv8 Investments LLC bought a new position in shares of Exelon during the fourth quarter worth about $25,000. Leonteq Securities AG bought a new stake in Exelon in the 4th quarter valued at approximately $26,000. Bell Investment Advisors Inc lifted its stake in Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after acquiring an additional 287 shares in the last quarter. SHP Wealth Management acquired a new position in Exelon during the 4th quarter worth approximately $26,000. Finally, Eastern Bank acquired a new position in Exelon during the 2nd quarter worth approximately $26,000. 80.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on EXC. TD Cowen lowered their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Truist Financial reduced their target price on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. KeyCorp decreased their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Morgan Stanley lowered their price target on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. Finally, Weiss Ratings cut shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $50.07.

Exelon Stock Down 0.1%

NASDAQ:EXC opened at $43.93 on Friday. The firm has a market capitalization of $45.35 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 2.66 and a beta of 0.31. Exelon Corporation has a twelve month low of $42.58 and a twelve month high of $50.65. The stock’s 50 day moving average price is $46.08 and its two-hundred day moving average price is $46.69. 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 (NASDAQ:EXC) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The company had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same period in the previous year, the company posted $0.39 EPS. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company 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 $0.42 dividend. The ex-dividend date 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%.

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.