13,977 Shares in Exelon Corporation $EXC Acquired by PTM Wealth Management LLC

PTM Wealth Management LLC acquired a new stake in Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 13,977 shares of the company’s stock, valued at approximately $664,000. Exelon makes up 0.3% of PTM Wealth Management LLC’s portfolio, making the stock its 17th biggest holding.

A number of other institutional investors have also recently bought and sold shares of EXC. Focus Partners Advisor Solutions LLC bought a new stake in Exelon in the second quarter valued at about $753,000. GSA Capital Partners LLP acquired a new stake in Exelon during the 2nd quarter worth approximately $898,000. Stoneridge Investment Partners LLC acquired a new stake in shares of Exelon in the second quarter valued at approximately $898,000. Clearstead Trust LLC bought a new position in Exelon in the second quarter valued at $74,000. Finally, Bridgewater Advisors Inc. bought a new position in shares of Exelon in the 2nd quarter valued at about $217,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on EXC. Morgan Stanley lowered their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. TD Cowen lowered their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Truist Financial reduced their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, Jefferies Financial Group cut shares of Exelon from a “buy” rating to a “hold” rating and reduced their target price for the company from $55.00 to $50.00 in a research report on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, thirteen have given 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 price target of $50.20.

Exelon Stock Up 0.6%

Shares of NASDAQ EXC opened at $45.86 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. Exelon Corporation has a 52 week low of $42.58 and a 52 week high of $50.65. The stock has a market capitalization of $47.34 billion, a P/E ratio of 16.80, a PEG ratio of 2.77 and a beta of 0.31. The stock’s fifty day moving average is $46.30 and its 200 day moving average is $46.67.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The firm had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the previous year, the company earned $0.39 earnings per share. The company’s quarterly revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be given a dividend of $0.42 per share. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. Exelon’s dividend payout ratio (DPR) 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.