Miller Howard Investments Inc. NY Grows Holdings in Exelon Corporation $EXC

Miller Howard Investments Inc. NY boosted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 16.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,685,069 shares of the company’s stock after buying an additional 241,854 shares during the quarter. Exelon makes up approximately 2.3% of Miller Howard Investments Inc. NY’s investment portfolio, making the stock its 7th biggest holding. Miller Howard Investments Inc. NY’s holdings in Exelon were worth $82,602,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of EXC. Vanguard Group Inc. raised its stake in shares of Exelon by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock valued at $5,715,457,000 after acquiring an additional 595,555 shares during the period. State Street Corp boosted its stake in shares of Exelon by 4.0% during the 4th quarter. State Street Corp now owns 66,623,103 shares of the company’s stock worth $2,904,101,000 after purchasing an additional 2,550,786 shares during the period. Lazard Asset Management LLC boosted its stake in shares of Exelon by 3.0% during the 4th quarter. Lazard Asset Management LLC now owns 23,130,053 shares of the company’s stock worth $1,008,239,000 after purchasing an additional 683,950 shares during the period. Deutsche Bank AG grew its holdings in Exelon by 2.9% during the 4th quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock valued at $913,853,000 after purchasing an additional 595,655 shares during the last quarter. Finally, Wellington Management Group LLP grew its holdings in Exelon by 2.2% during the 3rd quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock valued at $840,043,000 after purchasing an additional 393,917 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on EXC. Mizuho set a $48.00 price objective on shares of Exelon and gave the stock a “neutral” rating in a research report on Friday, April 17th. Royal Bank Of Canada dropped their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research report on Monday, April 20th. Truist Financial reduced their price target on Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 29th. Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Finally, Citigroup assumed coverage on Exelon in a report on Thursday, March 26th. They set a “buy” rating and a $58.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $50.27.

Exelon Trading Up 1.5%

EXC stock opened at $46.62 on Wednesday. Exelon Corporation has a 12 month low of $42.23 and a 12 month high of $50.65. The firm’s 50-day moving average is $45.77 and its 200 day moving average is $45.98. The company has a market capitalization of $47.70 billion, a PE ratio of 17.08, a P/E/G ratio of 2.66 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion during 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 firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s payout ratio 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.