Exelon Corporation (NASDAQ:EXC) Receives Average Rating of “Hold” from Brokerages

Exelon Corporation (NASDAQ:EXC) has earned a consensus recommendation of “Hold” from the fourteen ratings firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have given a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $49.75.

Several analysts have issued reports on EXC shares. Evercore ISI started coverage on Exelon in a report on Monday, October 6th. They issued an “outperform” rating and a $57.00 target price for the company. Wells Fargo & Company raised shares of Exelon to a “strong-buy” rating in a research report on Tuesday, October 28th. TD Cowen started coverage on shares of Exelon in a research report on Thursday, October 16th. They set a “hold” rating and a $49.00 price objective for the company. Morgan Stanley reaffirmed an “underperform” rating and set a $52.00 target price on shares of Exelon in a research note on Thursday, November 20th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Exelon in a report on Friday, October 31st.

Institutional Investors Weigh In On Exelon

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sowell Financial Services LLC grew its holdings in shares of Exelon by 1.1% during the 3rd quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock worth $923,000 after purchasing an additional 215 shares during the period. Manchester Capital Management LLC lifted its position in Exelon by 11.6% in the second quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock valued at $94,000 after buying an additional 225 shares during the last quarter. Empirical Finance LLC boosted its stake in Exelon by 0.7% during the second quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock worth $1,512,000 after buying an additional 226 shares during the period. Boyd Watterson Asset Management LLC OH boosted its stake in Exelon by 4.8% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 5,030 shares of the company’s stock worth $218,000 after buying an additional 229 shares during the period. Finally, Focus Partners Wealth increased its position in shares of Exelon by 0.6% during the first quarter. Focus Partners Wealth now owns 39,831 shares of the company’s stock valued at $1,836,000 after acquiring an additional 234 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 0.1%

EXC opened at $43.56 on Friday. The firm has a market capitalization of $44.01 billion, a price-to-earnings ratio of 15.61, a price-to-earnings-growth ratio of 2.67 and a beta of 0.45. The company’s 50 day simple moving average is $45.51 and its two-hundred day simple moving average is $44.60. Exelon has a 1-year low of $37.06 and a 1-year high of $48.51. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.17. Exelon had a return on equity of 10.28% and a net margin of 11.60%.The business had revenue of $6.71 billion during the quarter, compared to analyst estimates of $6.40 billion. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts expect that Exelon will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Investors of record on Monday, November 10th were issued a $0.40 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.7%. Exelon’s dividend payout ratio is currently 57.35%.

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.