NewEdge Wealth LLC lowered its stake in Exelon Corporation (NASDAQ:EXC – Free Report) by 78.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,064 shares of the company’s stock after selling 18,804 shares during the period. NewEdge Wealth LLC’s holdings in Exelon were worth $248,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Optima Capital LLC acquired a new stake in Exelon in the 4th quarter worth approximately $25,000. Motiv8 Investments LLC acquired a new position in Exelon during the fourth quarter valued at approximately $25,000. Leonteq Securities AG acquired a new position in Exelon during the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc raised its position in shares of Exelon by 113.4% in the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after purchasing an additional 287 shares during the period. Finally, SHP Wealth Management acquired a new stake in shares of Exelon in the fourth quarter worth $26,000. Institutional investors own 80.92% of the company’s stock.
Analysts Set New Price Targets
Several research firms recently issued reports on EXC. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. BMO Capital Markets reiterated a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Jefferies Financial Group lowered shares of Exelon from a “buy” rating to a “hold” rating and cut their target price for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Barclays cut shares of Exelon from an “overweight” rating to an “equal weight” rating and decreased their price target for the company from $50.00 to $49.00 in a report on Friday, April 17th. Finally, Truist Financial lifted their price objective on Exelon from $49.00 to $50.00 and gave the stock a “hold” rating in a research note on Thursday, July 16th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $50.33.
Key Exelon News
Here are the key news stories impacting Exelon this week:
- Positive Sentiment: Exelon reported second-quarter adjusted earnings of $0.43 per share, up from $0.39 a year earlier, while revenue increased 10% year over year to $5.97 billion and exceeded analyst expectations. Higher utility rates and solid operational execution supported the results. Exelon’s Q2 Earnings In Line With Estimates, Revenues Rise Year Over Year
- Positive Sentiment: Management reaffirmed its fiscal 2026 adjusted EPS guidance of $2.81 to $2.91, centered around the $2.86 analyst consensus, and maintained its five-year $41 billion capital investment plan. The company also declared a quarterly dividend of $0.42 per share, representing an annualized yield of approximately 3.6%. Exelon maintains 2029 investment plan after screening data-center requests
- Neutral Sentiment: Although adjusted earnings were broadly in line with expectations, some reports described the $0.43 result as slightly below a $0.44 consensus estimate. The revenue beat and year-over-year earnings growth offset the modest bottom-line shortfall, but did not provide a major upside surprise.
- Negative Sentiment: Exelon reduced its overall data-center demand pipeline by 16% as AI infrastructure projects face growing opposition and permitting challenges across the United States. The revision raises uncertainty about the pace of future electricity-demand growth and potential upside from data-center customers. Exelon’s Data Center Pipeline Cut as AI Projects Face Pushback
Exelon Stock Performance
NASDAQ EXC opened at $45.58 on Friday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The firm has a market capitalization of $46.64 billion, a price-to-earnings ratio of 16.70, a P/E/G ratio of 2.85 and a beta of 0.31. The company’s fifty day moving average is $46.32 and its two-hundred day moving average is $46.59. Exelon Corporation has a 52-week low of $42.58 and a 52-week high of $50.65.
Exelon (NASDAQ:EXC – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the prior year, the company posted $0.39 EPS. The firm’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. Equities research analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.
Exelon Announces Dividend
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 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, September 4th. Exelon’s payout ratio is currently 61.54%.
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.
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