United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund bought a new stake in Exelon Corporation (NASDAQ:EXC – Free Report) in the fourth quarter, Holdings Channel reports. The institutional investor bought 60,400 shares of the company’s stock, valued at approximately $2,633,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Plimoth Trust Co. LLC raised its holdings in shares of Exelon by 1.8% in the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after buying an additional 230 shares during the last quarter. Verdence Capital Advisors LLC raised its holdings in Exelon by 2.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock worth $376,000 after purchasing an additional 233 shares in the last quarter. Waterloo Capital L.P. raised its holdings in Exelon by 2.7% during the third quarter. Waterloo Capital L.P. now owns 9,075 shares of the company’s stock worth $408,000 after purchasing an additional 236 shares in the last quarter. Axxcess Wealth Management LLC raised its holdings in Exelon by 2.2% during the third quarter. Axxcess Wealth Management LLC now owns 11,058 shares of the company’s stock worth $498,000 after purchasing an additional 240 shares in the last quarter. Finally, Seeds Investor LLC raised its holdings in Exelon by 2.6% during the fourth quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock worth $416,000 after purchasing an additional 241 shares in the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms recently issued reports on EXC. Scotiabank increased their price target on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. BMO Capital Markets reissued a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a report on Friday, April 17th. TD Cowen cut their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Wells Fargo & Company set a $50.00 price target on shares of Exelon in a report on Tuesday, April 21st. Finally, UBS Group increased their price target on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $50.27.
Exelon Trading Up 0.1%
Shares of EXC opened at $45.64 on Friday. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm’s 50-day moving average is $46.75 and its two-hundred day moving average is $46.02. Exelon Corporation has a twelve month low of $42.11 and a twelve month high of $50.65. The firm has a market capitalization of $46.70 billion, a P/E ratio of 16.72, a PEG ratio of 2.64 and a beta of 0.32.
Exelon (NASDAQ:EXC – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share 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 analyst estimates of $6.93 billion. During the same period in the prior year, the business posted $0.92 earnings per share. The firm’s revenue for the quarter 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, research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.
Exelon Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio 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.
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