GSA Capital Partners LLP Invests $898,000 in Exelon Corporation $EXC

GSA Capital Partners LLP purchased a new stake in Exelon Corporation (NASDAQ:EXC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 19,264 shares of the company’s stock, valued at approximately $898,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in EXC. Motiv8 Investments LLC bought a new position in Exelon in the 4th quarter valued at approximately $25,000. Leonteq Securities AG bought a new stake in shares of Exelon during the fourth quarter worth $26,000. Bell Investment Advisors Inc increased its holdings in shares of Exelon by 113.4% during 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 in the last quarter. SHP Wealth Management acquired a new position in shares of Exelon during the fourth quarter worth $26,000. Finally, Eastern Bank bought a new position in shares of Exelon in the 2nd quarter valued at $26,000. 80.92% of the stock is owned by institutional investors.

Exelon Price Performance

EXC stock opened at $45.31 on Wednesday. The company has a market capitalization of $46.77 billion, a P/E ratio of 16.60, a PEG ratio of 2.77 and a beta of 0.31. The company has a fifty day moving average price of $46.32 and a 200-day moving average price of $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 Corporation has a 52-week low of $42.58 and a 52-week high of $50.65.

Exelon (NASDAQ:EXC) last issued 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 business had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%.The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Wells Fargo & Company set a $50.00 price objective on Exelon in a report on Tuesday, April 21st. KeyCorp lowered their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Truist Financial dropped their target price on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Finally, Morgan Stanley reduced their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Four investment 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 MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.