EP Wealth Advisors LLC acquired a new position in Exelon Corporation (NASDAQ:EXC – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 22,455 shares of the company’s stock, valued at approximately $1,047,000.
Other large investors have also recently made changes to their positions in the company. Motiv8 Investments LLC bought a new position in Exelon in the 4th quarter worth $25,000. Leonteq Securities AG bought a new position in Exelon in the fourth quarter worth about $26,000. Bell Investment Advisors Inc lifted its holdings in Exelon by 113.4% in the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after buying an additional 287 shares during the period. SHP Wealth Management purchased a new stake in Exelon in the fourth quarter worth about $26,000. Finally, Eastern Bank bought a new position in shares of Exelon in the 2nd quarter worth approximately $26,000. 80.92% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research analysts have recently commented on the company. KeyCorp lowered their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Morgan Stanley lowered their price target on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research report on Friday. Truist Financial dropped their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Finally, TD Cowen cut 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 assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $50.07.
Exelon Price Performance
NASDAQ:EXC opened at $43.78 on Monday. The firm has a 50-day simple moving average of $46.25 and a two-hundred day simple moving average of $46.70. The firm has a market cap of $45.19 billion, a P/E ratio of 16.04, a P/E/G ratio of 2.65 and a beta of 0.31. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09.
Exelon (NASDAQ:EXC – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The firm had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The company’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.
Exelon Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a $0.42 dividend. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. 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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