Stenger Family Office LLC lowered its holdings in shares of Exelon Corporation (NASDAQ:EXC – Free Report) by 54.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,299 shares of the company’s stock after selling 26,981 shares during the period. Stenger Family Office LLC’s holdings in Exelon were worth $972,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of EXC. Optima Capital LLC acquired a new position in Exelon in the fourth quarter valued at $25,000. Motiv8 Investments LLC purchased a new stake in shares of Exelon in the fourth quarter valued at about $25,000. Beacon Financial Strategies CORP acquired a new stake in shares of Exelon during the fourth quarter worth about $26,000. Leonteq Securities AG acquired a new stake in shares of Exelon during the fourth quarter worth about $26,000. Finally, Advocate Investing Services LLC purchased a new position in shares of Exelon during the fourth quarter worth about $30,000. 80.92% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on EXC. Royal Bank Of Canada dropped their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Monday, April 20th. TD Cowen decreased their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and dropped their target price for the company from $55.00 to $50.00 in a report on Monday, April 20th. Finally, Wells Fargo & Company set a $50.00 target price on Exelon in a report on Tuesday, April 21st. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $50.27.
Exelon Price Performance
Shares of NASDAQ:EXC opened at $45.81 on Friday. Exelon Corporation has a 52 week low of $42.23 and a 52 week high of $50.65. The company has a 50-day moving average price of $45.88 and a 200 day moving average price of $45.96. The company has a market cap of $46.87 billion, a P/E ratio of 16.78, a PEG ratio of 2.65 and a beta of 0.31. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.
Exelon (NASDAQ:EXC – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.
Exelon Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s dividend payout ratio is currently 61.54%.
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.
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