Energy Income Partners LLC Purchases New Position in Exelon Corporation $EXC

Energy Income Partners LLC acquired a new position in shares of Exelon Corporation (NASDAQ:EXC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 186,962 shares of the company’s stock, valued at approximately $8,716,000.

A number of other hedge funds have also recently added to or reduced their stakes in EXC. Meeder Advisory Services Inc. acquired a new position in shares of Exelon during the second quarter worth $1,129,000. Tiemann Investment Advisors LLC bought a new stake in shares of Exelon during the second quarter worth about $279,000. Citizens Financial Group Inc. RI acquired a new position in shares of Exelon in the second quarter valued at approximately $1,168,000. UNIVEST FINANCIAL Corp bought a new position in Exelon in the 2nd quarter valued at approximately $433,000. Finally, BlackRock Inc. acquired a new stake in Exelon during the 2nd quarter worth approximately $5,583,709,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Price Performance

Shares of EXC opened at $45.31 on Wednesday. The firm has a market cap of $46.77 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 2.77 and a beta of 0.31. Exelon Corporation has a 52-week low of $42.58 and a 52-week high of $50.65. The business’s 50 day moving average price is $46.32 and its two-hundred day moving average price is $46.70. 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) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The company had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business’s revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts anticipate that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on EXC. KeyCorp dropped their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. TD Cowen reduced their price target on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Truist Financial decreased their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Morgan Stanley cut their price objective on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Finally, Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research report on Tuesday, April 21st. Four research 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. Based on data from MarketBeat.com, Exelon presently has an average rating of “Hold” and a consensus price target of $50.20.

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.