Y Intercept Hong Kong Ltd Has $1.45 Million Stake in Exelon Corporation $EXC

Y Intercept Hong Kong Ltd reduced its stake in shares of Exelon Corporation (NASDAQ:EXC) by 75.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 32,293 shares of the company’s stock after selling 97,334 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Exelon were worth $1,454,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ATLAS Infrastructure Partners UK Ltd. boosted its holdings in Exelon by 3.6% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock valued at $260,685,000 after acquiring an additional 208,242 shares during the period. Maryland State Retirement & Pension System increased its stake in shares of Exelon by 3.0% in the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after purchasing an additional 28,443 shares during the period. Exchange Traded Concepts LLC lifted its position in shares of Exelon by 92.9% during the 3rd quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock worth $2,418,000 after purchasing an additional 25,863 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Exelon by 13.7% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,573,635 shares of the company’s stock valued at $115,839,000 after purchasing an additional 309,853 shares during the period. Finally, Econ Financial Services Corp acquired a new stake in Exelon in the 3rd quarter valued at approximately $1,926,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on EXC. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday. TD Cowen started coverage on shares of Exelon in a research note on Thursday, October 16th. They set a “hold” rating and a $49.00 target price for the company. JPMorgan Chase & Co. decreased their price target on shares of Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. BTIG Research started coverage on shares of Exelon in a report on Tuesday, October 21st. They set a “neutral” rating on the stock. Finally, Evercore ISI assumed coverage on shares of Exelon in a research note on Monday, October 6th. They issued an “outperform” rating and a $57.00 target price for the company. Seven investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Exelon presently has an average rating of “Hold” and an average price target of $49.38.

Exelon Stock Performance

NASDAQ EXC opened at $44.78 on Friday. Exelon Corporation has a twelve month low of $39.67 and a twelve month high of $48.51. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66. The stock has a market cap of $45.24 billion, a P/E ratio of 16.05, a PEG ratio of 2.60 and a beta of 0.46. The company’s 50-day simple moving average is $44.24 and its 200 day simple moving average is $44.77.

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

About Exelon

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.