COFG Advisors LLC Buys Shares of 15,983 Exelon Corporation $EXC

COFG Advisors LLC bought a new stake in shares of Exelon Corporation (NASDAQ:EXC) in the 4th quarter, Holdings Channel reports. The institutional investor bought 15,983 shares of the company’s stock, valued at approximately $697,000.

Several other institutional investors and hedge funds also recently made changes to their positions in EXC. Caxton Associates LLP acquired a new position in shares of Exelon in the first quarter valued at approximately $286,000. Woodline Partners LP increased its holdings in Exelon by 40.7% during the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,580 shares in the last quarter. Jump Financial LLC bought a new position in Exelon during the 2nd quarter worth about $2,448,000. Gamco Investors INC. ET AL bought a new position in Exelon during the 2nd quarter worth about $645,000. Finally, Treasurer of the State of North Carolina increased its holdings in Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after purchasing an additional 14,240 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Mizuho set a $48.00 target price on Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. Jefferies Financial Group cut Exelon from a “buy” rating to a “hold” rating and lowered their target price for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Morgan Stanley lowered their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Scotiabank increased their target price on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Finally, Barclays cut Exelon from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $50.00 to $49.00 in a report on Friday, April 17th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $50.27.

Exelon Trading Down 2.0%

Shares of EXC stock opened at $44.71 on Tuesday. The firm has a 50 day moving average price of $46.69 and a two-hundred day moving average price of $46.02. 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 company has a market capitalization of $45.75 billion, a PE ratio of 16.38, a price-to-earnings-growth ratio of 2.64 and a beta of 0.31. Exelon Corporation has a 12-month low of $42.11 and a 12-month high of $50.65.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same period last year, the firm earned $0.92 earnings per share. The business’s revenue for the quarter was up 7.9% on a year-over-year basis. 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 year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) 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.