Quantinno Capital Management LP Buys 492,209 Shares of Exelon Corporation $EXC

Quantinno Capital Management LP raised its stake in Exelon Corporation (NASDAQ:EXC) by 58.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,340,641 shares of the company’s stock after buying an additional 492,209 shares during the period. Quantinno Capital Management LP’s holdings in Exelon were worth $65,718,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in EXC. Resonant Capital Advisors LLC lifted its holdings in shares of Exelon by 2.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock worth $460,000 after acquiring an additional 217 shares during the last quarter. PFG Investments LLC increased its stake in Exelon by 1.6% in the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock valued at $698,000 after acquiring an additional 218 shares during the last quarter. Texas Bank & Trust Co increased its stake in Exelon by 1.5% in the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after acquiring an additional 229 shares during the last quarter. Plimoth Trust Co. LLC raised its position in Exelon by 1.8% during the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock valued at $569,000 after purchasing an additional 230 shares in the last quarter. Finally, Westfuller Advisors LLC raised its position in Exelon by 12.5% during the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after purchasing an additional 232 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on EXC. TD Cowen reduced their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and cut their target price for the stock from $55.00 to $50.00 in a research note on Monday, April 20th. Weiss Ratings cut shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Mizuho set a $48.00 price target on shares of Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. Finally, KeyCorp decreased their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. Four 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. Based on data from MarketBeat.com, Exelon currently has an average rating of “Hold” and an average price target of $50.33.

Exelon Stock Performance

NASDAQ:EXC opened at $47.31 on Wednesday. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. 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 $48.41 billion, a PE ratio of 17.33, a price-to-earnings-growth ratio of 2.85 and a beta of 0.31. The business has a 50 day moving average price of $46.28 and a 200-day moving average price of $46.55.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter in the previous year, the company earned $0.92 earnings per share. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

Exelon 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.