Maryland State Retirement & Pension System Buys 16,694 Shares of Exelon Corporation $EXC

Maryland State Retirement & Pension System raised its stake in Exelon Corporation (NASDAQ:EXC) by 1.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,004,044 shares of the company’s stock after purchasing an additional 16,694 shares during the quarter. Exelon accounts for 0.9% of Maryland State Retirement & Pension System’s portfolio, making the stock its 21st biggest position. Maryland State Retirement & Pension System owned 0.10% of Exelon worth $43,766,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of EXC. Optima Capital LLC bought a new stake in Exelon in the fourth quarter valued at approximately $25,000. Motiv8 Investments LLC bought a new stake in Exelon in the fourth quarter valued at approximately $25,000. Beacon Financial Strategies CORP bought a new stake in Exelon in the fourth quarter valued at approximately $26,000. Leonteq Securities AG bought a new stake in Exelon in the fourth quarter valued at approximately $26,000. Finally, Advocate Investing Services LLC bought a new stake in Exelon in the fourth quarter valued at approximately $30,000. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of Exelon stock opened at $46.59 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The company has a market cap of $47.67 billion, a PE ratio of 17.07, a P/E/G ratio of 2.68 and a beta of 0.31. The business has a 50 day moving average of $46.08 and a 200 day moving average of $45.98. Exelon Corporation has a 52 week low of $42.18 and a 52 week high of $50.65.

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

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were issued 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 3.6%. Exelon’s dividend payout ratio is 61.54%.

Analysts Set New Price Targets

Several brokerages have weighed in on EXC. UBS Group boosted their price objective on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. KeyCorp lowered their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Truist Financial lowered their price objective on Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 29th. JPMorgan Chase & Co. upped their target price on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Finally, Mizuho set a $48.00 target price on Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $50.27.

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.