Exelon Corporation $EXC Shares Purchased by TD Asset Management Inc

TD Asset Management Inc raised its stake in shares of Exelon Corporation (NASDAQ:EXC) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 1,335,912 shares of the company’s stock after purchasing an additional 16,859 shares during the quarter. TD Asset Management Inc’s holdings in Exelon were worth $58,232,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Exelon by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after purchasing an additional 595,555 shares during the last quarter. Lazard Asset Management LLC grew its stake in Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after buying an additional 5,554,494 shares during the period. Wellington Management Group LLP grew its stake in Exelon by 2.2% during the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after buying an additional 393,917 shares during the period. Invesco Ltd. grew its stake in Exelon by 5.6% during the third quarter. Invesco Ltd. now owns 15,659,308 shares of the company’s stock worth $704,825,000 after buying an additional 833,171 shares during the period. Finally, Norges Bank purchased a new stake in Exelon during the fourth quarter worth approximately $617,974,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Price Performance

Shares of EXC stock opened at $45.75 on Friday. The company has a market capitalization of $46.81 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 2.59 and a beta of 0.31. The firm has a fifty day simple moving average of $46.52 and a 200-day simple moving average of $46.00. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. Exelon Corporation has a twelve month low of $42.11 and a twelve month high of $50.65.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. Exelon’s payout ratio is 61.54%.

Analyst Ratings Changes

Several equities research analysts have issued reports on EXC shares. Truist Financial decreased their price objective on shares of Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $55.00 to $50.00 in a research note on Monday, April 20th. Citigroup started coverage on shares of Exelon in a research note on Thursday, March 26th. They set a “buy” rating and a $58.00 price objective for the company. Mizuho set a $48.00 price objective on shares of Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada decreased their price objective on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $50.27.

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.