Vanguard Personalized Indexing Management LLC Acquires 29,988 Shares of Exelon Corporation $EXC

Vanguard Personalized Indexing Management LLC grew its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 24.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 154,339 shares of the company’s stock after buying an additional 29,988 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Exelon were worth $6,702,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. grew its stake in shares of Exelon by 0.5% during the first quarter. Vanguard Group Inc. now owns 127,917,037 shares of the company’s stock valued at $5,894,417,000 after buying an additional 581,686 shares during the last quarter. Deutsche Bank AG grew its stake in Exelon by 11.6% in the first quarter. Deutsche Bank AG now owns 19,077,520 shares of the company’s stock worth $879,092,000 after purchasing an additional 1,988,212 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in Exelon by 0.7% in the first quarter. Massachusetts Financial Services Co. MA now owns 15,837,173 shares of the company’s stock worth $729,777,000 after purchasing an additional 106,917 shares in the last quarter. Invesco Ltd. grew its stake in Exelon by 0.6% in the first quarter. Invesco Ltd. now owns 13,802,263 shares of the company’s stock worth $636,008,000 after purchasing an additional 83,518 shares in the last quarter. Finally, Northern Trust Corp grew its stake in Exelon by 11.8% in the first quarter. Northern Trust Corp now owns 12,531,900 shares of the company’s stock worth $577,470,000 after purchasing an additional 1,319,637 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Down 0.5%

Exelon stock opened at $46.85 on Tuesday. The business has a fifty day moving average of $44.44 and a two-hundred day moving average of $44.35. The company has a quick ratio of 0.85, a current ratio of 0.95 and a debt-to-equity ratio of 1.66. The firm has a market cap of $47.32 billion, a P/E ratio of 17.81, a P/E/G ratio of 2.91 and a beta of 0.40. Exelon Corporation has a twelve month low of $35.94 and a twelve month high of $48.11.

Exelon (NASDAQ:EXC) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.37 by $0.02. Exelon had a return on equity of 9.85% and a net margin of 11.16%.The firm had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.47 billion. During the same quarter in the prior year, the business posted $0.47 EPS. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 11th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, August 11th. Exelon’s dividend payout ratio is currently 60.84%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on EXC shares. Morgan Stanley dropped their price objective on Exelon from $50.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Thursday, September 25th. UBS Group increased their price objective on Exelon from $48.00 to $50.00 and gave the stock a “neutral” rating in a research note on Friday. Evercore ISI started coverage on Exelon in a report on Monday, October 6th. They set an “outperform” rating and a $57.00 target price for the company. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a report on Wednesday, October 8th. Finally, KeyCorp lowered their target price on Exelon from $39.00 to $37.00 and set an “underweight” rating for the company in a report on Wednesday, July 16th. Five investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Exelon presently has an average rating of “Hold” and a consensus price target of $48.33.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.