Nomura Asset Management Co. Ltd. Acquires 12,980 Shares of Exelon Corporation $EXC

Nomura Asset Management Co. Ltd. grew its holdings in Exelon Corporation (NASDAQ:EXC) by 1.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 831,507 shares of the company’s stock after purchasing an additional 12,980 shares during the period. Nomura Asset Management Co. Ltd. owned approximately 0.08% of Exelon worth $36,245,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Optima Capital LLC bought a new position in shares of Exelon in the 4th quarter valued at $25,000. Beacon Financial Strategies CORP bought a new position in shares of Exelon in the 4th quarter valued at $26,000. Leonteq Securities AG bought a new position in shares of Exelon in the 4th quarter valued at $26,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in shares of Exelon by 289.0% in the 4th quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock valued at $34,000 after purchasing an additional 578 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its stake in shares of Exelon by 861.2% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock valued at $36,000 after purchasing an additional 732 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. UBS Group lifted their price target on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. TD Cowen lowered their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Royal Bank Of Canada lowered their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. Finally, Citigroup assumed coverage on shares of Exelon in a report on Thursday, March 26th. They set a “buy” rating and a $58.00 price target for the company. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $50.27.

Exelon Stock Performance

NASDAQ EXC opened at $44.71 on Tuesday. The company has a market capitalization of $45.75 billion, a price-to-earnings ratio of 16.38, a PEG ratio of 2.64 and a beta of 0.32. Exelon Corporation has a twelve month low of $42.11 and a twelve month high of $50.65. The stock has a fifty day simple moving average of $46.69 and a 200 day simple moving average of $46.02. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.

Exelon (NASDAQ:EXC) last posted 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 business had revenue of $7.24 billion during 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%.Exelon’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio is presently 61.54%.

Exelon Profile

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.