Exelon (NASDAQ:EXC) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Exelon (NASDAQ:EXC) from a sell rating to a hold rating in a research note published on Sunday morning.

Several other equities research analysts have also issued reports on EXC. Jefferies Financial Group lowered their price target on shares of Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. JPMorgan Chase & Co. lowered their target price on shares of Exelon from $50.00 to $47.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Wolfe Research lowered shares of Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Wells Fargo & Company raised their price target on shares of Exelon from $51.00 to $53.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Finally, Morgan Stanley reiterated an “underperform” rating and issued a $51.00 price objective on shares of Exelon in a research note on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $50.14.

Exelon Stock Up 0.9%

EXC stock opened at $47.79 on Friday. Exelon has a twelve month low of $41.71 and a twelve month high of $49.11. 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 company has a market cap of $48.88 billion, a PE ratio of 17.51, a price-to-earnings-growth ratio of 2.79 and a beta of 0.45. The business’s 50-day simple moving average is $44.54 and its 200 day simple moving average is $44.98.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.Exelon’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, research analysts anticipate that Exelon will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.42 per share. This is a positive change from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Monday, March 2nd. Exelon’s payout ratio is currently 58.61%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Optima Capital LLC bought a new position in Exelon in the 4th quarter valued at $25,000. Motiv8 Investments LLC acquired a new stake in shares of Exelon in the fourth quarter valued at $25,000. LRI Investments LLC raised its holdings in shares of Exelon by 210.8% in the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after buying an additional 392 shares during the last quarter. Beacon Financial Strategies CORP acquired a new position in Exelon during the 4th quarter worth about $26,000. Finally, Leonteq Securities AG acquired a new position in Exelon during the 4th quarter worth about $26,000. 80.92% of the stock is owned by institutional investors and hedge funds.

About Exelon

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.