PDT Partners LLC acquired a new stake in shares of Exelon Corporation (NASDAQ:EXC – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 29,630 shares of the company’s stock, valued at approximately $1,381,000.
A number of other large investors have also made changes to their positions in the business. ASR Vermogensbeheer N.V. lifted its stake in shares of Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after purchasing an additional 60,250 shares during the period. Assenagon Asset Management S.A. lifted its holdings in shares of Exelon by 133.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 505,564 shares of the company’s stock valued at $23,569,000 after purchasing an additional 289,436 shares in the last quarter. Ethic Inc. lifted its stake in Exelon by 7.6% in the fourth quarter. Ethic Inc. now owns 334,268 shares of the company’s stock valued at $14,571,000 after buying an additional 23,567 shares in the last quarter. Triasima Portfolio Management inc. bought a new stake in Exelon in the 4th quarter valued at $2,021,000. Finally, Principal Financial Group Inc. increased its holdings in Exelon by 3.1% during the 4th quarter. Principal Financial Group Inc. now owns 1,237,676 shares of the company’s stock worth $53,950,000 after purchasing an additional 37,672 shares in the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
EXC has been the topic of a number of research reports. Morgan Stanley cut their price target on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. KeyCorp reduced their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Truist Financial decreased their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Finally, 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. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Exelon currently has a consensus rating of “Hold” and a consensus price target of $50.07.
Exelon Price Performance
NASDAQ:EXC opened at $44.44 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. The stock’s 50 day moving average price is $46.15 and its two-hundred day moving average price is $46.72. The firm has a market capitalization of $45.87 billion, a price-to-earnings ratio of 16.28, a P/E/G ratio of 2.68 and a beta of 0.31. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65.
Exelon (NASDAQ:EXC – Get Free Report) last released its quarterly earnings results 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 net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same quarter last year, the firm earned $0.39 earnings per share. 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. On average, analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current year.
Exelon Dividend Announcement
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 $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.8%. 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.
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