Heartland Advisors Inc. Acquires New Holdings in Exelon Corporation $EXC

Heartland Advisors Inc. bought 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 fund bought 437,106 shares of the company’s stock, valued at approximately $20,378,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of EXC. C M Bidwell & Associates Ltd. acquired a new stake in shares of Exelon in the second quarter valued at approximately $327,000. Keating Financial Advisory Services Inc. bought a new stake in shares of Exelon during the second quarter valued at approximately $103,000. Allworth Financial LP acquired a new position in shares of Exelon during the second quarter worth approximately $1,259,000. B. Metzler seel. Sohn & Co. AG acquired a new position in shares of Exelon during the second quarter worth approximately $9,698,000. Finally, Silvant Capital Management LLC acquired a new position in shares of Exelon during the second quarter worth approximately $29,000. Institutional investors own 80.92% of the company’s stock.

Exelon Trading Down 2.8%

Shares of Exelon stock opened at $43.78 on Friday. The business has a fifty day simple moving average of $46.25 and a 200-day simple moving average of $46.68. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The firm has a market cap of $45.19 billion, a price-to-earnings ratio of 16.04, a price-to-earnings-growth ratio of 2.73 and a beta of 0.31. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The firm had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the previous year, the firm earned $0.39 earnings per share. 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 analysts forecast that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. Exelon’s payout ratio is currently 61.54%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on EXC shares. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Truist Financial reduced their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Morgan Stanley decreased their price target on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research note on Friday. TD Cowen decreased their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Finally, KeyCorp lowered their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Exelon presently has a consensus rating of “Hold” and a consensus target price of $50.07.

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.