Exelon (NASDAQ:EXC) Coverage Initiated by Analysts at Citigroup

Equities researchers at Citigroup began coverage on shares of Exelon (NASDAQ:EXC) in a note issued to investors on Thursday. The firm set a “buy” rating and a $58.00 price target on the stock. Citigroup’s target price would suggest a potential upside of 21.67% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Scotiabank lifted their price target on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Friday, February 13th. Wells Fargo & Company increased their price objective on Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Wolfe Research cut shares of Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Finally, Mizuho lifted their target price on shares of Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Nine analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $51.40.

Exelon Trading Up 0.8%

EXC stock opened at $47.67 on Thursday. The company has a market capitalization of $48.77 billion, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.75 and a beta of 0.45. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. Exelon has a one year low of $41.71 and a one year high of $50.65. The company’s 50 day moving average price is $46.90 and its two-hundred day moving average price is $45.68.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. The business’s revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts predict that Exelon will post 2.64 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Capital International Investors purchased a new stake in shares of Exelon in the 4th quarter worth about $738,333,000. Norges Bank purchased a new position in shares of Exelon during the fourth quarter valued at about $617,974,000. Capital World Investors raised its stake in Exelon by 807.4% in the fourth quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock worth $440,284,000 after buying an additional 8,987,453 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in Exelon by 32.9% in the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after buying an additional 5,554,494 shares during the period. Finally, ANTIPODES PARTNERS Ltd boosted its position in Exelon by 134,604.0% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after acquiring an additional 3,554,891 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

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.