Analysts Set Exelon Corporation (NASDAQ:EXC) Price Target at $50.07

Shares of Exelon Corporation (NASDAQ:EXC) have received a consensus recommendation of “Hold” from the eighteen analysts that are covering the company, Marketbeat Ratings reports. One equities research 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 brokers that have issued a report on the stock in the last year is $50.0667.

A number of equities research analysts have recently issued reports on EXC shares. KeyCorp cut their price objective 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. Morgan Stanley decreased their target price on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report 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. TD Cowen decreased their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Finally, Truist Financial lowered their target price on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th.

Institutional Trading of Exelon

A number of institutional investors have recently modified their holdings of the company. Amundi grew its position in shares of Exelon by 1.3% in the 2nd quarter. Amundi now owns 10,506,650 shares of the company’s stock worth $489,809,000 after buying an additional 130,712 shares during the last quarter. Groupe la Francaise lifted its stake in Exelon by 10.7% in the second quarter. Groupe la Francaise now owns 10,104 shares of the company’s stock worth $471,000 after acquiring an additional 976 shares during the period. California State Teachers Retirement System boosted its holdings in Exelon by 5,978.6% in the second quarter. California State Teachers Retirement System now owns 96,812,071 shares of the company’s stock valued at $4,513,379,000 after acquiring an additional 95,219,410 shares in the last quarter. Ameritas Advisory Services LLC boosted its holdings in Exelon by 33.5% in the second quarter. Ameritas Advisory Services LLC now owns 18,645 shares of the company’s stock valued at $869,000 after acquiring an additional 4,680 shares in the last quarter. Finally, Wedmont Private Capital increased its position in Exelon by 3.1% during the 2nd quarter. Wedmont Private Capital now owns 11,401 shares of the company’s stock valued at $534,000 after purchasing an additional 343 shares during the period. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Price Performance

EXC stock opened at $43.93 on Friday. 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 has a one year low of $42.58 and a one year high of $50.65. The stock has a market cap of $45.35 billion, a PE ratio of 16.09, a P/E/G ratio of 2.66 and a beta of 0.31. The firm has a 50 day simple moving average of $46.08 and a two-hundred day simple moving average of $46.71.

Exelon (NASDAQ:EXC) last issued its earnings results on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $5.97 billion during the quarter, compared to analysts’ expectations 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 period in the prior year, the company earned $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, analysts predict that Exelon will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

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