NFSG Corp grew its holdings in Exelon Corporation (NASDAQ:EXC – Free Report) by 4,919.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,854 shares of the company’s stock after buying an additional 13,578 shares during the quarter. NFSG Corp’s holdings in Exelon were worth $560,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. V Square Quantitative Management LLC raised its position in Exelon by 10.2% in the third quarter. V Square Quantitative Management LLC now owns 23,657 shares of the company’s stock worth $956,000 after acquiring an additional 2,198 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in Exelon by 11.5% in the third quarter. AdvisorNet Financial Inc now owns 30,607 shares of the company’s stock valued at $1,304,000 after acquiring an additional 3,157 shares during the period. Assenagon Asset Management S.A. boosted its position in shares of Exelon by 633.9% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,710,111 shares of the company’s stock worth $149,888,000 after purchasing an additional 3,204,547 shares in the last quarter. Ninety One UK Ltd purchased a new stake in shares of Exelon during the 3rd quarter worth $402,000. Finally, B.A. Schrock Wealth Management Inc. purchased a new stake in shares of Exelon during the 3rd quarter worth $2,243,000. 80.92% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the stock. Morgan Stanley lowered their price target on shares of Exelon from $53.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Argus reduced their price objective on shares of Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a research note on Tuesday, September 22nd. Truist Financial reduced their price objective on shares of Exelon from $48.00 to $46.00 and set a “hold” rating for the company in a research note on Friday. KeyCorp raised shares of Exelon from an “underweight” rating to a “sector weight” rating in a report on Monday. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a research report on Tuesday, October 6th. Four investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat.com, Exelon has an average rating of “Hold” and an average price target of $49.20.
Exelon Price Performance
Shares of EXC traded up $1.02 on Friday, reaching $43.50. The stock had a trading volume of 6,758,995 shares, compared to its average volume of 8,284,634. The firm has a market capitalization of $44.90 billion, a PE ratio of 15.93, a PEG ratio of 2.32 and a beta of 0.30. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. The firm has a 50-day moving average of $42.99 and a 200 day moving average of $45.23. Exelon Corporation has a twelve month low of $39.73 and a twelve month high of $50.65.
Exelon (NASDAQ:EXC – Get Free Report) 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 firm had revenue of $5.97 billion during the quarter, compared to analysts’ expectations of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.86 EPS for the current year.
Exelon Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th were issued a $0.42 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.9%. Exelon’s dividend payout ratio is 61.54%.
Trending Headlines about Exelon
Here are the key news stories impacting Exelon this week:
- Positive Sentiment: KeyBanc upgraded Exelon (EXC) from Underweight to Sector Weight, removing a bearish stance and potentially improving sentiment toward the regulated utility. KeyBanc upgrades Exelon to sector weight from underweight
- Positive Sentiment: Commentary on data-center-driven electricity demand argues that a reassessment of grid investment and power needs could strengthen Exelon’s longer-term growth outlook. Battery-storage projects and grid modernization also provide potential strategic support. The Bull Case For Exelon Could Change Following A Data Center-Driven Grid Rethink
- Neutral Sentiment: KeyBanc assigned a $41 price target alongside its upgrade, below the reference price of $43.50, suggesting the change mainly reflects reduced downside risk rather than strong expected appreciation. KeyBanc sets USD 41.00 target for Exelon stock after upgrade
- Neutral Sentiment: Scotiabank reiterated its Hold rating, indicating no major change in its view of Exelon’s valuation or outlook. Scotiabank reaffirms Hold rating on Exelon
- Neutral Sentiment: Exelon’s operating companies called for an “all-hands-on-deck” approach to electricity supply, highlighting the need for coordinated grid and supply-chain planning as demand grows. The statement is strategically relevant but does not announce a near-term financial impact. Exelon companies call for all-hands-on-deck supply approach
- Negative Sentiment: Truist cut its price target from $48 to $46 and maintained a Hold rating, signaling more limited upside expectations. Truist lowers Exelon price target
- Negative Sentiment: Goldman Sachs maintained its Sell rating, reinforcing the downside view from a major analyst and offsetting KeyBanc’s upgrade. Goldman Sachs sticks to Sell rating for Exelon
Exelon Profile
Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company focused on the transmission and distribution of electricity and the delivery of natural gas. Through its operating companies, Exelon provides energy delivery, infrastructure, grid modernization, reliability, and related customer services rather than operating a competitive power-generation business.
Exelon’s six principal utilities are Commonwealth Edison (ComEd) in Illinois; PECO in Pennsylvania; Baltimore Gas and Electric (BGE) in Maryland; Delmarva Power in Delaware and Maryland; Atlantic City Electric in New Jersey; and Pepco in Washington, DC, and Maryland.
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