ASR Vermogensbeheer N.V. Has $8.89 Million Stock Holdings in Exelon Corporation $EXC

ASR Vermogensbeheer N.V. increased its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 21.9% in the second quarter, Holdings Channel.com reports. The firm owned 204,691 shares of the company’s stock after purchasing an additional 36,832 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Exelon were worth $8,887,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Providence Wealth Advisors LLC raised its holdings in shares of Exelon by 0.6% during the first quarter. Providence Wealth Advisors LLC now owns 39,342 shares of the company’s stock worth $1,802,000 after acquiring an additional 217 shares during the period. Hazlett Burt & Watson Inc. increased its holdings in Exelon by 46.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company’s stock worth $32,000 after purchasing an additional 220 shares in the last quarter. CWM LLC raised its stake in shares of Exelon by 0.7% in the 1st quarter. CWM LLC now owns 33,775 shares of the company’s stock valued at $1,556,000 after purchasing an additional 226 shares during the period. Catalyst Financial Partners LLC lifted its holdings in shares of Exelon by 2.4% in the first quarter. Catalyst Financial Partners LLC now owns 9,761 shares of the company’s stock valued at $450,000 after purchasing an additional 230 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of Exelon by 0.6% in the first quarter. Focus Partners Wealth now owns 39,831 shares of the company’s stock valued at $1,836,000 after purchasing an additional 234 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on EXC shares. UBS Group reiterated a “neutral” rating and set a $48.00 price objective (up from $47.00) on shares of Exelon in a report on Friday, July 11th. Morgan Stanley decreased their price target on shares of Exelon from $50.00 to $49.00 and set an “equal weight” rating for the company in a research note on Thursday, September 25th. Finally, KeyCorp lowered their price objective on shares of Exelon from $39.00 to $37.00 and set an “underweight” rating on the stock in a report on Wednesday, July 16th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Exelon currently has an average rating of “Hold” and an average target price of $47.44.

Exelon Stock Down 0.2%

EXC stock opened at $44.97 on Friday. The company has a market cap of $45.42 billion, a price-to-earnings ratio of 17.10, a P/E/G ratio of 2.64 and a beta of 0.40. Exelon Corporation has a twelve month low of $35.94 and a twelve month high of $48.11. The business has a 50 day moving average price of $44.15 and a two-hundred day moving average price of $44.23. The company has a quick ratio of 0.85, a current ratio of 0.95 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. The company had revenue of $5.43 billion during the quarter, compared to the consensus estimate of $5.47 billion. Exelon had a return on equity of 9.85% and a net margin of 11.16%.The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.47 EPS. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts anticipate that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 11th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Monday, August 11th. Exelon’s dividend payout ratio is presently 60.84%.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.