KeyCorp Issues Positive Forecast for Exelon (NASDAQ:EXC) Stock Price

Exelon (NASDAQ:EXC) had its price objective hoisted by KeyCorp from $39.00 to $44.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has an “underweight” rating on the stock. KeyCorp’s price objective would suggest a potential downside of 10.15% from the stock’s current price.

A number of other brokerages also recently issued reports on EXC. Scotiabank upped their price target on Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Friday, February 13th. Jefferies Financial Group lowered their target price on shares of Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Wells Fargo & Company raised their price target on shares of Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a report 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, BMO Capital Markets increased their target price on Exelon from $49.00 to $51.00 and gave the company an “outperform” rating in a report on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $50.50.

Exelon Stock Down 0.4%

Shares of Exelon stock opened at $48.97 on Wednesday. The company has a 50-day simple moving average of $45.25 and a two-hundred day simple moving average of $45.17. The stock has a market capitalization of $50.09 billion, a PE ratio of 17.94, a price-to-earnings-growth ratio of 2.87 and a beta of 0.45. Exelon has a 52-week low of $41.71 and a 52-week high of $49.88. 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 (NASDAQ:EXC) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share 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%. During the same quarter in the prior year, the company earned $0.64 earnings per share. The firm’s revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts anticipate that Exelon will post 2.64 EPS for the current fiscal year.

Institutional Trading of Exelon

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

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.