TD Waterhouse Canada Inc. Grows Position in Exelon Corporation $EXC

TD Waterhouse Canada Inc. boosted its position in Exelon Corporation (NASDAQ:EXC) by 41.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 82,272 shares of the company’s stock after acquiring an additional 24,126 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Exelon were worth $3,807,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Caxton Associates LLP purchased a new stake in shares of Exelon during the 1st quarter worth $286,000. Woodline Partners LP grew its stake in shares of Exelon by 40.7% during the first 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 purchased a new position in Exelon in the second quarter valued at $2,448,000. Gamco Investors INC. ET AL purchased a new position in Exelon in the second quarter valued at $645,000. Finally, Treasurer of the State of North Carolina raised its stake in Exelon by 3.1% in the second quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after buying an additional 14,240 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of EXC opened at $43.64 on Tuesday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. Exelon Corporation has a 1-year low of $42.58 and a 1-year high of $50.65. The stock has a market cap of $45.05 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 2.39 and a beta of 0.30. The firm has a fifty day moving average price of $45.73 and a 200 day moving average price of $46.58.

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

Exelon Dividend Announcement

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 paid 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 is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Truist Financial decreased their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. TD Cowen dropped their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. KeyCorp decreased their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Finally, Morgan Stanley lowered their price target on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Exelon presently has an average rating of “Hold” and a consensus price target of $50.07.

Exelon Company 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.