Foster & Motley Inc. bought a new position in shares of Exelon Corporation (NASDAQ:EXC – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 31,235 shares of the company’s stock, valued at approximately $1,456,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC increased its position in shares of Exelon by 2.4% in the first quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock worth $460,000 after acquiring an additional 217 shares in the last quarter. PFG Investments LLC grew its holdings in shares of Exelon by 1.6% during the 1st quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock valued at $698,000 after acquiring an additional 218 shares in the last quarter. Texas Bank & Trust Co increased its holdings in Exelon by 1.5% in the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock worth $755,000 after buying an additional 229 shares during the last quarter. Westfuller Advisors LLC raised its position in Exelon by 12.5% during the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after acquiring an additional 232 shares in the last quarter. Finally, Verdence Capital Advisors LLC lifted its stake in Exelon by 2.8% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock valued at $376,000 after acquiring an additional 233 shares during the last quarter. 80.92% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages have recently commented on EXC. TD Cowen lowered 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 downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. KeyCorp dropped their price objective 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. Finally, Truist Financial decreased their price objective on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Exelon presently has a consensus rating of “Hold” and an average price target of $50.20.
Exelon Stock Performance
Shares of Exelon stock opened at $45.30 on Thursday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The firm has a 50 day simple moving average of $46.31 and a 200 day simple moving average of $46.70. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The firm has a market cap of $46.76 billion, a P/E ratio of 16.59, a P/E/G ratio of 2.74 and a beta of 0.31.
Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The business had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period last year, the firm earned $0.39 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.
Exelon Announces Dividend
The firm also recently disclosed 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 annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s dividend payout ratio (DPR) 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.
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