Robeco Institutional Asset Management B.V. Buys 781,917 Shares of Exelon Corporation $EXC

Robeco Institutional Asset Management B.V. lifted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 16.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,558,822 shares of the company’s stock after buying an additional 781,917 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Exelon were worth $224,576,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of EXC. Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Exelon by 6.0% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 155,976 shares of the company’s stock worth $6,301,000 after acquiring an additional 8,846 shares in the last quarter. Grandview Asset Management LLC purchased a new stake in shares of Exelon in the third quarter valued at about $348,000. Investment Research Partners LLC lifted its position in shares of Exelon by 16.6% during the third quarter. Investment Research Partners LLC now owns 21,805 shares of the company’s stock valued at $881,000 after purchasing an additional 3,100 shares in the last quarter. IFP Advisors Inc lifted its position in shares of Exelon by 21.3% during the third quarter. IFP Advisors Inc now owns 5,804 shares of the company’s stock valued at $234,000 after purchasing an additional 1,018 shares in the last quarter. Finally, Avail Investment Partners LLC lifted its position in shares of Exelon by 21.3% during the third quarter. Avail Investment Partners LLC now owns 10,087 shares of the company’s stock valued at $408,000 after purchasing an additional 1,771 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on EXC shares. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a report on Tuesday, October 6th. JPMorgan Chase & Co. dropped their target price on shares of Exelon from $47.00 to $46.00 and set a “neutral” rating on the stock in a research report on Monday. Truist Financial dropped their target price on shares of Exelon from $48.00 to $46.00 and set a “hold” rating on the stock in a research report on Friday, October 16th. Barclays cut their target price on Exelon from $49.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Argus reduced their target price on Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a report on Tuesday, September 22nd. Four investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $48.40.

Exelon Stock Performance

Shares of EXC stock opened at $43.03 on Wednesday. The firm has a market cap of $44.42 billion, a price-to-earnings ratio of 15.76, a P/E/G ratio of 2.32 and a beta of 0.30. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. Exelon Corporation has a 52 week low of $39.73 and a 52 week high of $50.65. The firm’s 50-day simple moving average is $42.92 and its two-hundred day simple moving average is $45.12.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The company had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the prior year, the company earned $0.39 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Friday, September 4th were paid a $0.42 dividend. The ex-dividend date was Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.9%. Exelon’s dividend payout ratio is presently 61.54%.

Exelon Profile

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.