Gerald Baker Financial Group LLC Buys New Position in Exelon Corporation $EXC

Gerald Baker Financial Group LLC purchased a new position in shares of Exelon Corporation (NASDAQ:EXC) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 21,261 shares of the company’s stock, valued at approximately $1,042,000.

Other institutional investors also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC lifted its stake in Exelon by 2.4% in the first quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after buying an additional 217 shares during the last quarter. PFG Investments LLC grew its position in shares of Exelon by 1.6% during the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after acquiring an additional 218 shares during the last quarter. Texas Bank & Trust Co increased its holdings in shares of Exelon by 1.5% in the 1st quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after acquiring an additional 229 shares during the period. Plimoth Trust Co. LLC increased its holdings in shares of Exelon by 1.8% in the 4th quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after acquiring an additional 230 shares during the period. Finally, Westfuller Advisors LLC raised its position in Exelon by 12.5% in the 1st quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after purchasing an additional 232 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Up 2.3%

EXC stock opened at $46.79 on Friday. The stock has a market capitalization of $47.88 billion, a PE ratio of 17.14, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The company has a fifty day moving average of $45.87 and a 200-day moving average of $46.38. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65.

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

Exelon Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on EXC. Citigroup initiated coverage on shares of Exelon in a research note on Thursday, March 26th. They set a “buy” rating and a $58.00 price target for the company. Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $50.00 to $49.00 in a research note on Friday, April 17th. Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research note on Tuesday, April 21st. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and lowered their price target for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Finally, BMO Capital Markets restated a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Four investment 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 MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $50.33.

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.