Versor Investments LP Purchases New Holdings in Exelon Corporation $EXC

Versor Investments LP purchased a new stake in Exelon Corporation (NASDAQ:EXCFree Report) in the 4th quarter, HoldingsChannel reports. The institutional investor purchased 31,176 shares of the company’s stock, valued at approximately $1,359,000.

Other institutional investors have also made changes to their positions in the company. Optima Capital LLC bought a new stake in Exelon during the fourth quarter worth $25,000. LRI Investments LLC lifted its stake in Exelon by 210.8% during the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after purchasing an additional 392 shares during the last quarter. Beacon Financial Strategies CORP bought a new stake in Exelon during the fourth quarter worth $26,000. Root Financial Partners LLC bought a new stake in Exelon during the third quarter worth $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its stake in Exelon by 289.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after purchasing an additional 578 shares during the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Up 0.6%

Shares of EXC opened at $44.19 on Tuesday. The stock has a market capitalization of $45.22 billion, a price-to-earnings ratio of 16.19, a PEG ratio of 2.54 and a beta of 0.32. Exelon Corporation has a 52 week low of $41.71 and a 52 week high of $50.65. The stock has a fifty day moving average of $47.94 and a 200-day moving average of $46.19. 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 (NASDAQ:EXCGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.Exelon’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio is presently 61.54%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on EXC. KeyCorp cut their target price on Exelon from $44.00 to $43.00 and set an “underweight” rating for the company in a research note on Tuesday, April 21st. JPMorgan Chase & Co. upped their target price on Exelon from $48.00 to $53.00 and gave the stock a “neutral” rating in a research note on Thursday, March 12th. Scotiabank upped their target price on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Friday, February 13th. Royal Bank Of Canada cut their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research note on Monday, April 20th. Finally, UBS Group increased their price target on Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research note on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Exelon has a consensus rating of “Hold” and an average price target of $50.47.

Get Our Latest Analysis on EXC

Exelon Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Corporation (NASDAQ:EXCFree Report).

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

Receive News & Ratings for Exelon Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exelon and related companies with MarketBeat.com's FREE daily email newsletter.