Exelon Corporation (NASDAQ:EXC) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Exelon Corporation (NASDAQ:EXC) have received an average rating of “Hold” from the eighteen research firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $50.0667.

Several research analysts have recently weighed in on EXC shares. KeyCorp decreased their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Truist Financial cut their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Weiss Ratings cut shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. TD Cowen lowered their target price 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, Morgan Stanley dropped their target price on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st.

Exelon Trading Up 0.3%

Shares of EXC stock opened at $43.83 on Friday. 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 has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The firm’s 50 day moving average price is $45.98 and its two-hundred day moving average price is $46.70. The stock has a market cap of $45.24 billion, a price-to-earnings ratio of 16.05, a price-to-earnings-growth ratio of 2.65 and a beta of 0.30.

Exelon (NASDAQ:EXC) last posted its earnings results 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). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the previous year, the firm posted $0.39 EPS. The business’s revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts anticipate that Exelon 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. Shareholders 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 annualized dividend and a yield of 3.8%. Exelon’s payout ratio is currently 61.54%.

Hedge Funds Weigh In On Exelon

Institutional investors and hedge funds have recently made changes to their positions in the business. Motiv8 Investments LLC bought a new position in Exelon during the 4th quarter valued at $25,000. Leonteq Securities AG bought a new stake in shares of Exelon in the 4th quarter worth about $26,000. Bell Investment Advisors Inc raised its stake in shares of Exelon by 113.4% in 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 in the last quarter. SHP Wealth Management acquired a new stake in shares of Exelon in the 4th quarter valued at about $26,000. Finally, Eastern Bank bought a new position in shares of Exelon during the second quarter worth about $26,000. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

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.