Exelon (NASDAQ:EXC) Stock Rating Upgraded by Royal Bank Of Canada

Exelon (NASDAQ:EXC) was upgraded by investment analysts at Royal Bank Of Canada to a “hold” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

EXC has been the topic of several other research reports. KeyCorp set a $39.00 price target on Exelon in a research note on Friday, December 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of Exelon in a report on Friday, October 31st. Evercore ISI assumed coverage on shares of Exelon in a research report on Monday, October 6th. They set an “outperform” rating and a $57.00 target price on the stock. TD Cowen assumed coverage on shares of Exelon in a research report on Thursday, October 16th. They issued a “hold” rating and a $49.00 price target for the company. Finally, Jefferies Financial Group set a $57.00 price objective on shares of Exelon in a research note on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, six have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $49.85.

Exelon Price Performance

Shares of EXC stock opened at $42.99 on Tuesday. The company’s 50-day simple moving average is $44.83 and its two-hundred day simple moving average is $44.65. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85. Exelon has a one year low of $37.13 and a one year high of $48.51. The company has a market capitalization of $43.43 billion, a P/E ratio of 15.41, a P/E/G ratio of 2.58 and a beta of 0.46.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.17. The company had revenue of $6.71 billion for the quarter, compared to analysts’ expectations of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. As a group, equities analysts anticipate that Exelon will post 2.64 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in Exelon by 53.0% during the first quarter. NewEdge Advisors LLC now owns 59,754 shares of the company’s stock valued at $2,753,000 after acquiring an additional 20,687 shares during the last quarter. Signature Estate & Investment Advisors LLC purchased a new position in Exelon in the first quarter worth $356,000. Caxton Associates LLP acquired a new position in shares of Exelon during the first quarter worth $286,000. Empowered Funds LLC lifted its holdings in shares of Exelon by 26.2% during the 1st quarter. Empowered Funds LLC now owns 72,308 shares of the company’s stock valued at $3,332,000 after purchasing an additional 15,019 shares during the last quarter. Finally, Woodline Partners LP lifted its holdings in shares of Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after purchasing an additional 24,580 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Company 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.