Exelon (NASDAQ:EXC – Get Free Report) had its target price dropped by stock analysts at Truist Financial from $48.00 to $46.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s price objective points to a potential upside of 6.80% from the stock’s current price.
Several other research analysts have also recently weighed in on the stock. Argus decreased their price objective on shares of Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a report on Tuesday, September 22nd. KeyCorp upgraded shares of Exelon from an “underweight” rating to a “sector weight” rating in a research report on Monday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Exelon in a research note on Tuesday, October 6th. Finally, Morgan Stanley lowered their target price on Exelon from $53.00 to $50.00 and set an “equal weight” rating on the stock in a research report on Friday, September 18th. Four investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $49.20.
Check Out Our Latest Research Report on EXC
Exelon Trading Up 1.4%
Shares of NASDAQ:EXC traded up $0.59 during trading on Friday, reaching $43.07. 585,782 shares of the company traded hands, compared to its average volume of 8,323,147. The business’s fifty day moving average is $43.04 and its 200-day moving average is $45.25. Exelon has a 52-week low of $39.73 and a 52-week 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. The firm has a market capitalization of $44.46 billion, a price-to-earnings ratio of 15.77, a P/E/G ratio of 2.33 and a beta of 0.30.
Exelon (NASDAQ:EXC – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.43 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 company 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 company posted $0.39 earnings per share. The firm’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, analysts forecast that Exelon will post 2.86 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Howard Capital Management LLC grew its position in shares of Exelon by 149.6% during the 3rd quarter. Howard Capital Management LLC now owns 173,727 shares of the company’s stock valued at $7,019,000 after acquiring an additional 104,125 shares during the period. NFSG Corp increased its position in shares of Exelon by 4,919.6% during the third quarter. NFSG Corp now owns 13,854 shares of the company’s stock worth $560,000 after purchasing an additional 13,578 shares in the last quarter. V Square Quantitative Management LLC lifted its holdings in Exelon by 10.2% in the 3rd quarter. V Square Quantitative Management LLC now owns 23,657 shares of the company’s stock valued at $956,000 after purchasing an additional 2,198 shares in the last quarter. AdvisorNet Financial Inc grew its holdings in shares of Exelon by 11.5% during the third quarter. AdvisorNet Financial Inc now owns 30,607 shares of the company’s stock worth $1,304,000 after buying an additional 3,157 shares in the last quarter. Finally, Assenagon Asset Management S.A. boosted its position in Exelon by 633.9% during the third quarter. Assenagon Asset Management S.A. now owns 3,710,111 shares of the company’s stock worth $149,888,000 after acquiring an additional 3,204,547 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors and hedge funds.
About Exelon
Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company focused on the transmission and distribution of electricity and the delivery of natural gas. Through its operating companies, Exelon provides energy delivery, infrastructure, grid modernization, reliability, and related customer services rather than operating a competitive power-generation business.
Exelon’s six principal utilities are Commonwealth Edison (ComEd) in Illinois; PECO in Pennsylvania; Baltimore Gas and Electric (BGE) in Maryland; Delmarva Power in Delaware and Maryland; Atlantic City Electric in New Jersey; and Pepco in Washington, DC, and Maryland.
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