Intech Investment Management LLC Purchases 26,457 Shares of Exelon Corporation $EXC

Intech Investment Management LLC boosted its position in Exelon Corporation (NASDAQ:EXC) by 26.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 124,883 shares of the company’s stock after purchasing an additional 26,457 shares during the quarter. Intech Investment Management LLC’s holdings in Exelon were worth $5,444,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in EXC. Lazard Asset Management LLC raised its holdings in Exelon by 32.9% in the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after purchasing an additional 5,554,494 shares in the last quarter. ANTIPODES PARTNERS Ltd raised its holdings in Exelon by 134,604.0% in the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after purchasing an additional 3,554,891 shares in the last quarter. Allianz Asset Management GmbH raised its holdings in Exelon by 170.8% in the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after purchasing an additional 2,841,118 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in Exelon in the fourth quarter worth about $119,749,000. Finally, Man Group plc increased its holdings in shares of Exelon by 99.4% during the second quarter. Man Group plc now owns 3,034,725 shares of the company’s stock valued at $131,768,000 after acquiring an additional 1,512,552 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

EXC has been the topic of several recent analyst reports. TD Cowen cut their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. BMO Capital Markets restated a “market perform” rating and set a $49.00 price objective (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and cut their price objective for the company from $55.00 to $50.00 in a report on Monday, April 20th. JPMorgan Chase & Co. upped their price objective on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Finally, Mizuho set a $48.00 price objective on shares of Exelon and gave the company a “neutral” rating in a report on Friday, April 17th. 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 company has an average rating of “Hold” and an average target price of $50.27.

Exelon Stock Performance

EXC opened at $45.64 on Monday. Exelon Corporation has a 52-week low of $42.11 and a 52-week high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The company has a market cap of $46.70 billion, a P/E ratio of 16.72, a price-to-earnings-growth ratio of 2.64 and a beta of 0.31. The firm’s 50-day moving average price is $46.75 and its 200-day moving average price is $46.02.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion for 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%.Exelon’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently announced 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 dividend on an annualized basis and a yield of 3.7%. Exelon’s dividend payout ratio 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.