19,589 Shares in Exelon Corporation $EXC Purchased by Stoneridge Investment Partners LLC

Stoneridge Investment Partners LLC purchased a new stake in shares of Exelon Corporation (NASDAQ:EXC) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 19,589 shares of the company’s stock, valued at approximately $898,000.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Exelon by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock valued at $5,715,457,000 after purchasing an additional 595,555 shares in the last quarter. State Street Corp lifted its holdings in shares of Exelon by 4.0% during the fourth quarter. State Street Corp now owns 66,623,103 shares of the company’s stock valued at $2,904,101,000 after purchasing an additional 2,550,786 shares during the last quarter. Lazard Asset Management LLC boosted its position in shares of Exelon by 6.4% in the 1st quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock worth $1,206,887,000 after purchasing an additional 1,490,251 shares in the last quarter. Deutsche Bank AG boosted its position in shares of Exelon by 2.9% in the 4th quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock worth $913,853,000 after purchasing an additional 595,655 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in shares of Exelon by 2.2% in the 3rd quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock worth $840,043,000 after buying an additional 393,917 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on EXC shares. Wells Fargo & Company set a $50.00 price objective on Exelon in a research report on Tuesday, April 21st. Weiss Ratings downgraded Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and dropped their target price for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Morgan Stanley cut their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Finally, Truist Financial reduced their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $50.20.

Exelon Trading Up 0.6%

NASDAQ:EXC opened at $45.86 on Friday. The company’s 50 day moving average price is $46.30 and its 200-day moving average price is $46.67. Exelon Corporation has a 52 week low of $42.58 and a 52 week high of $50.65. 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 stock has a market cap of $47.34 billion, a price-to-earnings ratio of 16.80, a PEG ratio of 2.77 and a beta of 0.31.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results 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). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period last year, the business earned $0.39 EPS. Exelon’s revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities research analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

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.