RWC Asset Management LLP Decreases Stake in Exelon Corporation $EXC

RWC Asset Management LLP cut its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 8.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,803,760 shares of the company’s stock after selling 162,560 shares during the quarter. Exelon makes up about 3.9% of RWC Asset Management LLP’s investment portfolio, making the stock its 3rd biggest position. RWC Asset Management LLP owned about 0.18% of Exelon worth $78,626,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of EXC. Capital International Investors bought a new stake in Exelon during the fourth quarter valued at about $738,333,000. Norges Bank bought a new stake in Exelon during the fourth quarter valued at about $617,974,000. Capital World Investors raised its holdings in Exelon by 807.4% during the fourth quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock valued at $440,284,000 after acquiring an additional 8,987,453 shares during the period. Lazard Asset Management LLC raised its holdings in Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after acquiring an additional 5,554,494 shares during the period. Finally, ANTIPODES PARTNERS Ltd raised its holdings in Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after acquiring an additional 3,554,891 shares during the period. 80.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Royal Bank Of Canada decreased their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. UBS Group raised 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. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. JPMorgan Chase & Co. raised their price objective on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Finally, Morgan Stanley cut their price objective on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Four equities research 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’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $50.27.

Exelon Stock Performance

Shares of Exelon stock opened at $45.75 on Monday. The firm has a market cap of $46.81 billion, a price-to-earnings ratio of 16.76, a PEG ratio of 2.65 and a beta of 0.31. The business has a 50-day moving average price of $46.52 and a 200-day moving average price of $45.99. 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 Corporation has a twelve month low of $42.11 and a twelve month high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly 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 during the quarter, compared to analyst estimates of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm’s revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the business posted $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 EPS for the current fiscal year.

Exelon Announces Dividend

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