Landscape Capital Management L.L.C. Takes $2.96 Million Position in Exelon Corporation $EXC

Landscape Capital Management L.L.C. acquired a new position in shares of Exelon Corporation (NASDAQ:EXC) during the second quarter, Holdings Channel reports. The fund acquired 63,414 shares of the company’s stock, valued at approximately $2,956,000.

Several other large investors also recently made changes to their positions in EXC. Caxton Associates LLP bought a new stake in shares of Exelon during the first quarter valued at approximately $286,000. Woodline Partners LP lifted its holdings in shares of Exelon by 40.7% in the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,580 shares in the last quarter. Jump Financial LLC bought a new position in shares of Exelon in the 2nd quarter worth $2,448,000. Gamco Investors INC. ET AL acquired a new stake in Exelon in the 2nd quarter valued at $645,000. Finally, Treasurer of the State of North Carolina grew its position in Exelon by 3.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after purchasing an additional 14,240 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Trading Down 2.8%

NASDAQ EXC opened at $43.78 on Friday. The firm has a market capitalization of $45.19 billion, a P/E ratio of 16.04, a PEG ratio of 2.73 and a beta of 0.31. The business has a fifty day simple moving average of $46.25 and a 200 day simple moving average of $46.68. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The company had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. Exelon’s revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the business posted $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts predict that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. Exelon’s payout ratio is 61.54%.

Analyst Upgrades and Downgrades

EXC has been the topic of several research reports. TD Cowen lowered 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. Truist Financial reduced their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. KeyCorp decreased their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Finally, Morgan Stanley dropped their price target on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Friday. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $50.07.

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.