Grantham Mayo Van Otterloo & Co. LLC Sells 214,899 Shares of Exelon Corporation $EXC

Grantham Mayo Van Otterloo & Co. LLC cut its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 46.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 246,508 shares of the company’s stock after selling 214,899 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Exelon were worth $11,095,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Allianz Asset Management GmbH lifted its holdings in Exelon by 170.8% during the 3rd quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after buying an additional 2,841,118 shares during the period. ATLAS Infrastructure Partners UK Ltd. raised its position in shares of Exelon by 3.6% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock worth $260,685,000 after acquiring an additional 208,242 shares during the last quarter. Maryland State Retirement & Pension System lifted its stake in shares of Exelon by 3.0% in the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after acquiring an additional 28,443 shares during the period. First Citizens Bank & Trust Co. bought a new stake in Exelon in the third quarter valued at approximately $10,875,000. Finally, Exchange Traded Concepts LLC increased its position in Exelon by 92.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock valued at $2,418,000 after purchasing an additional 25,863 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Morgan Stanley restated an “underperform” rating and issued a $51.00 price target on shares of Exelon in a research report on Wednesday, January 21st. BMO Capital Markets boosted their target price on shares of Exelon from $49.00 to $51.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Barclays decreased their price target on Exelon from $52.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, January 22nd. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Finally, UBS Group lifted their target price on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Eight investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $50.50.

Exelon Stock Performance

Shares of EXC stock opened at $49.15 on Tuesday. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The firm has a fifty day simple moving average of $45.67 and a two-hundred day simple moving average of $45.30. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $49.88. The firm has a market capitalization of $50.28 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 2.88 and a beta of 0.45.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same quarter in the previous year, the company earned $0.64 earnings per share. Exelon’s quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts forecast that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.4%. This is a boost from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, March 2nd. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

About Exelon

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.