OP Asset Management Ltd Makes New $5.35 Million Investment in Exelon Corporation $EXC

OP Asset Management Ltd acquired a new stake in Exelon Corporation (NASDAQ:EXC) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 109,192 shares of the company’s stock, valued at approximately $5,353,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Bell Investment Advisors Inc grew its stake in shares of Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares in the last quarter. Motiv8 Investments LLC acquired a new stake in Exelon in the fourth quarter valued at $25,000. Optima Capital LLC purchased a new stake in Exelon during the 4th quarter worth about $25,000. SHP Wealth Management purchased a new stake in Exelon during the 4th quarter worth about $26,000. Finally, Beacon Financial Strategies CORP acquired a new position in shares of Exelon during the 4th quarter worth about $26,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on EXC. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and dropped their price objective for the company from $55.00 to $50.00 in a report on Monday, April 20th. Wells Fargo & Company set a $50.00 target price on Exelon in a research note on Tuesday, April 21st. BMO Capital Markets reaffirmed 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. JPMorgan Chase & Co. increased their price target on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Finally, Barclays cut shares of Exelon from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $50.00 to $49.00 in a report on Friday, April 17th. Four 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’s stock. According to data from MarketBeat.com, Exelon has an average rating of “Hold” and a consensus target price of $50.27.

Exelon Stock Performance

Shares of EXC stock opened at $47.42 on Friday. The stock’s 50-day moving average is $45.70 and its two-hundred day moving average is $46.04. The firm has a market cap of $48.52 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 2.71 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.39 and a 1 year high of $50.65. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94.

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

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid 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 3.5%. 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.