California State Teachers Retirement System Has $78.07 Million Stake in Exelon Corporation $EXC

California State Teachers Retirement System lowered its position in Exelon Corporation (NASDAQ:EXC) by 2.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,592,661 shares of the company’s stock after selling 40,499 shares during the quarter. California State Teachers Retirement System’s holdings in Exelon were worth $78,072,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. 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 purchasing an additional 287 shares during the last quarter. Motiv8 Investments LLC bought a new stake in Exelon in the fourth quarter valued at approximately $25,000. Optima Capital LLC acquired a new stake in shares of Exelon in the fourth quarter valued at approximately $25,000. SHP Wealth Management bought a new position in shares of Exelon during the 4th quarter worth approximately $26,000. Finally, Leonteq Securities AG acquired a new position in shares of Exelon during the 4th quarter worth approximately $26,000. Institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

EXC has been the subject of several research reports. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and cut their price target for the company from $55.00 to $50.00 in a report on Monday, April 20th. KeyCorp dropped their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. BMO Capital Markets reissued a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Finally, Morgan Stanley reduced their price objective on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $50.33.

Exelon Price Performance

Shares of Exelon stock opened at $47.03 on Thursday. The company has a 50-day simple moving average of $46.32 and a two-hundred day simple moving average of $46.58. Exelon Corporation has a twelve month low of $42.58 and a twelve month high of $50.65. The stock has a market capitalization of $48.12 billion, a price-to-earnings ratio of 17.23, a price-to-earnings-growth ratio of 2.86 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 (NASDAQ:EXC) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the firm earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.6%. Exelon’s payout ratio is currently 61.54%.

Exelon 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.