Corient Private Wealth LLC increased its holdings in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 8.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 250,338 shares of the company’s stock after purchasing an additional 19,460 shares during the period. Corient Private Wealth LLC’s holdings in Exelon were worth $10,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Optima Capital LLC purchased a new stake in Exelon in the fourth quarter valued at $25,000. Motiv8 Investments LLC purchased a new position in shares of Exelon during the 4th quarter valued at about $25,000. Beacon Financial Strategies CORP purchased a new position in shares of Exelon during the 4th quarter valued at about $26,000. Leonteq Securities AG acquired a new position in shares of Exelon in the 4th quarter valued at about $26,000. Finally, SHP Wealth Management acquired a new position in shares of Exelon in the 4th quarter valued at about $26,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently commented on EXC. Royal Bank Of Canada dropped their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Truist Financial decreased their price target on Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 29th. Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Mizuho set a $48.00 price objective on shares of Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. Finally, Morgan Stanley cut their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $50.27.
Exelon Price Performance
NASDAQ:EXC opened at $46.90 on Thursday. Exelon Corporation has a 52 week low of $42.23 and a 52 week high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The stock has a market capitalization of $47.99 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 2.70 and a beta of 0.31. The stock’s 50-day moving average price is $45.75 and its 200-day moving average price is $46.01.
Exelon (NASDAQ:EXC – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.Exelon’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.92 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 fiscal year.
Exelon Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were given a $0.42 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. Exelon’s payout ratio is 61.54%.
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.
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