Sanctuary Advisors LLC Acquires Shares of 35,603 Exelon Corporation $EXC

Sanctuary Advisors LLC acquired a new position in shares of Exelon Corporation (NASDAQ:EXC) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 35,603 shares of the company’s stock, valued at approximately $1,660,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. acquired a new position in shares of Exelon in the second quarter valued at approximately $5,583,709,000. GQG Partners LLC acquired a new stake in shares of Exelon during the second quarter worth $922,917,000. Capital International Investors purchased a new position in Exelon in the 4th quarter valued at $738,333,000. Norges Bank purchased a new position in Exelon in the 4th quarter valued at $617,974,000. Finally, Bank of New York Mellon Corp acquired a new position in Exelon in the 2nd quarter valued at $580,842,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

Exelon stock opened at $44.44 on Thursday. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The business has a fifty day moving average of $46.15 and a two-hundred day moving average of $46.72. The company has a market cap of $45.87 billion, a P/E ratio of 16.28, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period last year, the company earned $0.39 earnings per share. The business’s revenue for the quarter was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s payout ratio is currently 61.54%.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of analyst reports. Morgan Stanley cut their price objective on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. TD Cowen dropped their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. KeyCorp cut their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Truist Financial reduced their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Finally, Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $50.07.

Exelon 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.