Sterling Capital Management LLC Has $3.74 Million Stock Holdings in Exelon Corporation $EXC

Sterling Capital Management LLC increased its position in shares of Exelon Corporation (NASDAQ:EXC) by 27.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,301 shares of the company’s stock after acquiring an additional 16,293 shares during the period. Sterling Capital Management LLC’s holdings in Exelon were worth $3,740,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of EXC. Cambient Family Office LLC lifted its holdings in shares of Exelon by 6.9% during the 1st quarter. Cambient Family Office LLC now owns 6,112 shares of the company’s stock valued at $300,000 after buying an additional 393 shares during the last quarter. Signature Wealth Management Partners LLC acquired a new stake in Exelon in the first quarter valued at approximately $207,000. Venturi Wealth Management LLC lifted its stake in Exelon by 5.8% in the first quarter. Venturi Wealth Management LLC now owns 7,166 shares of the company’s stock valued at $351,000 after acquiring an additional 394 shares during the last quarter. Wasatch Advisors LP grew its position in Exelon by 8.9% in the first quarter. Wasatch Advisors LP now owns 110,505 shares of the company’s stock worth $5,417,000 after acquiring an additional 9,000 shares in the last quarter. Finally, Louisiana State Employees Retirement System bought a new stake in Exelon in the first quarter worth approximately $5,848,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of recent research reports. KeyCorp cut their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. BMO Capital Markets reiterated a “market perform” rating and issued a $49.00 price objective (down from $52.00) on shares of Exelon in a report on Friday, April 17th. JPMorgan Chase & Co. increased their target price on shares of Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Royal Bank Of Canada cut their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Finally, Citigroup began coverage on Exelon in a research report on Thursday, March 26th. They issued 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 given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $50.27.

Exelon Stock Performance

Shares of EXC opened at $47.42 on Friday. The company has a market capitalization of $48.52 billion, a PE ratio of 17.37, a price-to-earnings-growth ratio of 2.75 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a one year low of $42.39 and a one year high of $50.65. The company’s fifty day moving average price is $45.70 and its 200 day moving average price is $46.04.

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

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.5%. Exelon’s dividend payout ratio (DPR) is 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.