MASTERINVEST Kapitalanlage GmbH Takes $825,000 Position in Exelon Corporation $EXC

MASTERINVEST Kapitalanlage GmbH purchased a new position in Exelon Corporation (NASDAQ:EXC) in the second quarter, Holdings Channel.com reports. The fund purchased 19,007 shares of the company’s stock, valued at approximately $825,000.

Other large investors have also added to or reduced their stakes in the company. Stance Capital LLC purchased a new position in shares of Exelon during the second quarter valued at about $1,843,000. Advisory Services Network LLC grew its holdings in shares of Exelon by 19.6% during the 2nd quarter. Advisory Services Network LLC now owns 8,004 shares of the company’s stock worth $360,000 after acquiring an additional 1,311 shares during the period. Geneos Wealth Management Inc. raised its position in shares of Exelon by 59.3% in the 2nd quarter. Geneos Wealth Management Inc. now owns 7,279 shares of the company’s stock worth $316,000 after acquiring an additional 2,709 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new position in shares of Exelon in the 2nd quarter valued at approximately $112,000. Finally, Evergreen Capital Management LLC boosted its position in shares of Exelon by 17.0% during the second quarter. Evergreen Capital Management LLC now owns 7,453 shares of the company’s stock valued at $324,000 after purchasing an additional 1,081 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on EXC shares. Barclays raised their price objective on Exelon from $48.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. KeyCorp set a $39.00 price target on shares of Exelon in a research report on Friday. Jefferies Financial Group set a $57.00 price objective on shares of Exelon in a research note on Wednesday, October 15th. Morgan Stanley reaffirmed an “underperform” rating and set a $52.00 target price on shares of Exelon in a research note on Thursday, November 20th. Finally, Evercore ISI started coverage on Exelon in a research report on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Exelon currently has a consensus rating of “Hold” and an average target price of $49.92.

Exelon Stock Up 1.1%

NASDAQ:EXC opened at $43.57 on Monday. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.85 and a current ratio of 0.94. The firm has a market cap of $44.02 billion, a P/E ratio of 15.62, a P/E/G ratio of 2.68 and a beta of 0.45. Exelon Corporation has a fifty-two week low of $35.94 and a fifty-two week high of $48.51. The firm has a 50-day simple moving average of $46.14 and a two-hundred day simple moving average of $44.56.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.17. The firm had revenue of $6.71 billion for the quarter, compared to analysts’ expectations of $6.40 billion. Exelon had a net margin of 11.60% and a return on equity of 10.28%. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts predict that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, November 10th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s dividend payout ratio (DPR) is presently 57.35%.

About Exelon

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.