Exelon Corporation (NASDAQ:EXC) Given Average Rating of “Hold” by Brokerages

Shares of Exelon Corporation (NASDAQ:EXC) have earned a consensus recommendation of “Hold” from the eighteen research firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, thirteen have assigned a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $50.4667.

A number of equities research analysts have issued reports on the company. Wells Fargo & Company set a $50.00 price objective on Exelon in a research report on Tuesday, April 21st. Citigroup assumed coverage on Exelon in a report on Thursday, March 26th. They issued a “buy” rating and a $58.00 target price for the company. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $50.00 to $49.00 in a research report on Friday, April 17th. BMO Capital Markets restated a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a report on Friday, April 17th. Finally, UBS Group raised their price target on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th.

Hedge Funds Weigh In On Exelon

A number of large investors have recently made changes to their positions in EXC. Capital International Investors purchased a new stake in Exelon in the 4th quarter worth about $738,333,000. Norges Bank purchased a new position in shares of Exelon during the fourth quarter valued at approximately $617,974,000. Capital World Investors boosted its position in shares of Exelon by 807.4% during the fourth quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock valued at $440,284,000 after buying an additional 8,987,453 shares during the period. Lazard Asset Management LLC grew its stake in shares of Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after buying an additional 5,554,494 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd grew its stake in shares of Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after buying an additional 3,554,891 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Performance

Shares of NASDAQ:EXC opened at $46.50 on Friday. The firm has a fifty day simple moving average of $48.30 and a two-hundred day simple moving average of $46.31. Exelon has a 52 week low of $41.71 and a 52 week high of $50.65. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $47.58 billion, a P/E ratio of 17.03, a PEG ratio of 2.67 and a beta of 0.32.

Exelon (NASDAQ:EXC) last announced its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same quarter in the previous year, the business posted $0.64 EPS. Exelon’s quarterly revenue was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts expect that Exelon will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio is currently 61.54%.

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.