United Capital Financial Advisors LLC Invests $1.71 Million in Exelon Corporation $EXC

United Capital Financial Advisors LLC bought a new position in shares of Exelon Corporation (NASDAQ:EXC) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 36,715 shares of the company’s stock, valued at approximately $1,712,000.

Several other hedge funds and other institutional investors have also made changes to their positions in EXC. Equitable Holdings Inc. purchased a new position in shares of Exelon during the second quarter valued at approximately $946,000. Jefferies Financial Group Inc. acquired a new position in shares of Exelon in the 2nd quarter valued at approximately $4,147,000. Public Employees Retirement System of Ohio bought a new stake in Exelon in the second quarter valued at about $16,416,000. MASTERINVEST Kapitalanlage GmbH bought a new position in shares of Exelon in the 2nd quarter worth about $1,174,000. Finally, Proficio Capital Partners LLC acquired a new position in shares of Exelon in the 2nd quarter valued at about $266,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analysts Set New Price Targets

EXC has been the topic of a number of recent research reports. Morgan Stanley cut their target price on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. KeyCorp reduced their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. TD Cowen cut their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Finally, Truist Financial lowered their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Four investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Exelon has a consensus rating of “Hold” and a consensus target price of $50.07.

Exelon Price Performance

Shares of EXC stock opened at $43.93 on Friday. The stock’s fifty day simple moving average is $46.08 and its 200 day simple moving average is $46.69. Exelon Corporation has a one year low of $42.58 and a one year high of $50.65. The firm has a market cap of $45.35 billion, a price-to-earnings ratio of 16.09, a P/E/G ratio of 2.66 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 data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $5.97 billion for 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%.Exelon’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

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

About Exelon

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.