Northwestern Mutual Wealth Management Co. Buys 601,478 Shares of Exelon Corporation $EXC

Northwestern Mutual Wealth Management Co. raised its stake in shares of Exelon Corporation (NASDAQ:EXC) by 928.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 666,255 shares of the company’s stock after buying an additional 601,478 shares during the period. Northwestern Mutual Wealth Management Co. owned 0.07% of Exelon worth $29,042,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Vanguard Group Inc. increased its stake in shares of Exelon by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock worth $5,715,457,000 after purchasing an additional 595,555 shares during the period. Lazard Asset Management LLC increased its stake in shares of 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 during the period. Wellington Management Group LLP increased its stake in shares of Exelon by 2.2% in the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after purchasing an additional 393,917 shares during the period. Invesco Ltd. increased its stake in shares of Exelon by 5.6% in the third quarter. Invesco Ltd. now owns 15,659,308 shares of the company’s stock worth $704,825,000 after purchasing an additional 833,171 shares during the period. Finally, Northern Trust Corp grew its position in Exelon by 5.1% during the third quarter. Northern Trust Corp now owns 14,030,184 shares of the company’s stock worth $631,499,000 after buying an additional 681,371 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 a number of recent research reports. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Truist Financial initiated coverage on Exelon in a research report on Monday, April 20th. They set a “hold” rating and a $50.00 target price on the stock. TD Cowen decreased their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday. Finally, Scotiabank lifted their target price on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Friday, February 13th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $50.33.

Exelon Stock Up 1.4%

NASDAQ EXC opened at $43.97 on Tuesday. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The stock’s 50 day moving average is $47.44 and its two-hundred day moving average is $46.06. The company has a market capitalization of $44.99 billion, a price-to-earnings ratio of 16.11, a PEG ratio of 2.51 and a beta of 0.32. Exelon Corporation has a 1-year low of $42.11 and a 1-year high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s payout ratio is presently 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.