Wealthfront Advisers LLC Buys 20,566 Shares of Exelon Corporation $EXC

Wealthfront Advisers LLC lifted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 6.1% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 357,951 shares of the company’s stock after acquiring an additional 20,566 shares during the period. Wealthfront Advisers LLC’s holdings in Exelon were worth $17,547,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bell Investment Advisors Inc boosted its position in shares of Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after purchasing an additional 287 shares in the last quarter. Motiv8 Investments LLC bought a new stake in Exelon in the 4th quarter valued at about $25,000. Optima Capital LLC bought a new stake in Exelon in the 4th quarter valued at about $25,000. SHP Wealth Management bought a new stake in Exelon in the 4th quarter valued at about $26,000. Finally, Beacon Financial Strategies CORP acquired a new position in Exelon during the 4th quarter worth approximately $26,000. 80.92% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Royal Bank Of Canada reduced their price objective on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. KeyCorp lowered their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. TD Cowen cut their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Jefferies Financial Group lowered shares of Exelon from a “buy” rating to a “hold” rating and decreased their price target for the company from $55.00 to $50.00 in a research note on Monday, April 20th. Finally, Truist Financial upped their price objective on shares of Exelon from $49.00 to $50.00 and gave the stock a “hold” rating in a report on Thursday. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $50.33.

Exelon Stock Up 2.3%

Shares of NASDAQ:EXC opened at $46.79 on Friday. The stock has a market cap of $47.88 billion, a price-to-earnings ratio of 17.14, a PEG ratio of 2.65 and a beta of 0.31. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65. The business’s 50 day moving average is $45.87 and its 200 day moving average is $46.38.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. During the same period in the prior year, the firm posted $0.92 EPS. Exelon’s quarterly revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Thursday, June 4th were issued a $0.42 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio is currently 61.54%.

Exelon 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.