PDT Partners LLC Buys Shares of 29,630 Exelon Corporation $EXC

PDT Partners LLC bought a new stake in Exelon Corporation (NASDAQ:EXC) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 29,630 shares of the company’s stock, valued at approximately $1,381,000.

Several other large investors have also recently made changes to their positions in EXC. Motiv8 Investments LLC bought a new stake in Exelon in the fourth quarter worth $25,000. Leonteq Securities AG bought a new stake in shares of Exelon in the 4th quarter worth approximately $26,000. Bell Investment Advisors Inc increased its position in Exelon by 113.4% during the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after purchasing an additional 287 shares during the period. SHP Wealth Management bought a new position in Exelon in the fourth quarter worth about $26,000. Finally, Eastern Bank bought a new position in shares of Exelon in the 2nd quarter worth approximately $26,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Trading Up 0.3%

Shares of NASDAQ EXC opened at $44.44 on Thursday. The business’s 50 day moving average is $46.15 and its two-hundred day moving average is $46.72. Exelon Corporation has a 1-year low of $42.58 and a 1-year high of $50.65. The stock has a market capitalization of $45.87 billion, a P/E ratio of 16.28, a PEG ratio of 2.68 and a beta of 0.31. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99.

Exelon (NASDAQ:EXC) last issued its quarterly 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). The company had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%.The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts expect that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

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

Wall Street Analysts Forecast Growth

EXC has been the subject of a number of recent research reports. Morgan Stanley lowered their price target on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. KeyCorp reduced their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. TD Cowen decreased their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Finally, 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. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average 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.