Total Clarity Wealth Management Inc. Increases Stock Position in Exelon Corporation $EXC

Total Clarity Wealth Management Inc. lifted its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 45.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,926 shares of the company’s stock after buying an additional 4,345 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in Exelon were worth $605,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXC. GAMMA Investing LLC increased its holdings in Exelon by 26.9% during the 1st quarter. GAMMA Investing LLC now owns 19,751 shares of the company’s stock worth $910,000 after acquiring an additional 4,183 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in Exelon by 141.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 269,101 shares of the company’s stock worth $12,400,000 after acquiring an additional 157,548 shares during the period. Opal Wealth Advisors LLC bought a new stake in Exelon during the 1st quarter worth approximately $50,000. Exchange Traded Concepts LLC increased its holdings in Exelon by 182.5% during the 1st quarter. Exchange Traded Concepts LLC now owns 28,174 shares of the company’s stock worth $1,298,000 after acquiring an additional 18,201 shares during the period. Finally, Brighton Jones LLC bought a new stake in Exelon during the 1st quarter worth approximately $226,000. Institutional investors own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

EXC has been the topic of a number of analyst reports. UBS Group upped their target price on shares of Exelon from $48.00 to $50.00 and gave the stock a “neutral” rating in a report on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of Exelon in a report on Wednesday, October 8th. KeyCorp decreased their price target on shares of Exelon from $39.00 to $37.00 and set an “underweight” rating on the stock in a report on Wednesday, July 16th. Evercore ISI initiated coverage on shares of Exelon in a report on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target on the stock. Finally, Morgan Stanley decreased their price target on shares of Exelon from $50.00 to $49.00 and set an “equal weight” rating on the stock in a report on Thursday, September 25th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $48.33.

Exelon Price Performance

Shares of Exelon stock opened at $46.85 on Tuesday. Exelon Corporation has a 52-week low of $35.94 and a 52-week high of $48.11. The stock has a market capitalization of $47.32 billion, a price-to-earnings ratio of 17.81, a price-to-earnings-growth ratio of 2.91 and a beta of 0.40. The company has a fifty day moving average of $44.44 and a 200-day moving average of $44.35. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.85 and a current ratio of 0.95.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The company had revenue of $5.43 billion during the quarter, compared to analysts’ expectations of $5.47 billion. During the same quarter in the prior year, the company earned $0.47 EPS. The firm’s revenue was up 1.2% on a year-over-year basis. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities research analysts expect that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 11th were paid a $0.40 dividend. The ex-dividend date of this dividend was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.4%. Exelon’s dividend payout ratio is 60.84%.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.