Gerald Baker Financial Group LLC acquired a new stake in Exelon Corporation (NASDAQ:EXC – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 21,261 shares of the company’s stock, valued at approximately $1,042,000.
A number of other institutional investors have also recently made changes to their positions in EXC. Resonant Capital Advisors LLC boosted its position in Exelon by 2.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after buying an additional 217 shares during the period. PFG Investments LLC increased its position in shares of Exelon by 1.6% during the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after acquiring an additional 218 shares during the period. Texas Bank & Trust Co increased its position in shares of Exelon by 1.5% during the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock worth $755,000 after acquiring an additional 229 shares during the period. Plimoth Trust Co. LLC raised its stake in shares of Exelon by 1.8% in the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after acquiring an additional 230 shares in the last quarter. Finally, Westfuller Advisors LLC raised its stake in shares of Exelon by 12.5% in the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after acquiring an additional 232 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.
Wall Street Analyst Weigh In
Several research analysts recently commented on EXC shares. Jefferies Financial Group cut Exelon from a “buy” rating to a “hold” rating and lowered their target price for the stock from $55.00 to $50.00 in a research note on Monday, April 20th. Mizuho set a $48.00 price target on shares of Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. Royal Bank Of Canada dropped their price objective on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Monday, April 20th. Citigroup started coverage on shares of Exelon in a research report on Thursday, March 26th. They issued a “buy” rating and a $58.00 price objective on the stock. Finally, TD Cowen decreased their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $50.33.
Exelon Price Performance
Shares of NASDAQ EXC opened at $46.79 on Friday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The firm has a market capitalization of $47.88 billion, a PE ratio of 17.14, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The stock’s 50-day simple moving average is $45.87 and its 200-day simple moving average is $46.38.
Exelon (NASDAQ:EXC – Get Free Report) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts forecast that Exelon Corporation will post 2.86 EPS for the current fiscal year.
Exelon Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is 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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