GSA Capital Partners LLP Makes New $898,000 Investment in Exelon Corporation $EXC

GSA Capital Partners LLP purchased a new position in Exelon Corporation (NASDAQ:EXC) during the second quarter, Holdings Channel reports. The institutional investor purchased 19,264 shares of the company’s stock, valued at approximately $898,000.

Other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its position 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 worth $5,715,457,000 after buying an additional 595,555 shares during the period. State Street Corp lifted its holdings in Exelon by 4.0% in the fourth quarter. State Street Corp now owns 66,623,103 shares of the company’s stock valued at $2,904,101,000 after buying an additional 2,550,786 shares during the period. Lazard Asset Management LLC boosted its position in Exelon by 6.4% during the first quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock valued at $1,206,887,000 after acquiring an additional 1,490,251 shares during the last quarter. Deutsche Bank AG boosted its position in Exelon by 2.9% during the fourth quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock valued at $913,853,000 after acquiring an additional 595,655 shares during the last quarter. Finally, Wellington Management Group LLP boosted its position in Exelon by 2.2% during the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock valued at $840,043,000 after acquiring an additional 393,917 shares during the last quarter. 80.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EXC shares. TD Cowen lowered their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Wells Fargo & Company set a $50.00 target price on Exelon in a research report on Tuesday, April 21st. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Truist Financial decreased their target price on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Finally, 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. Four analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $50.20.

Exelon Trading Down 0.6%

NASDAQ:EXC opened at $45.31 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $46.77 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 2.77 and a beta of 0.31. The firm has a fifty day simple moving average of $46.32 and a two-hundred day simple moving average of $46.70. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data 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 company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the prior year, the company posted $0.39 EPS. Exelon’s revenue for the quarter was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

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