Sanctuary Advisors LLC Buys New Stake in Exelon Corporation $EXC

Sanctuary Advisors LLC purchased a new stake in Exelon Corporation (NASDAQ:EXC) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 35,603 shares of the company’s stock, valued at approximately $1,660,000.

A number of other institutional investors also recently bought and sold shares of EXC. BlackRock Inc. acquired a new stake in shares of Exelon during the 2nd quarter worth about $5,583,709,000. GQG Partners LLC acquired a new position in Exelon in the second quarter valued at approximately $922,917,000. Capital International Investors acquired a new position in Exelon in the fourth quarter valued at approximately $738,333,000. Norges Bank purchased a new position in Exelon in the fourth quarter valued at approximately $617,974,000. Finally, Bank of New York Mellon Corp purchased a new position in Exelon in the second quarter valued at approximately $580,842,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Trading Up 0.3%

EXC opened at $44.44 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. Exelon Corporation has a 52 week low of $42.58 and a 52 week high of $50.65. The business’s 50 day moving average is $46.15 and its two-hundred day moving average is $46.72. The firm has a market cap of $45.87 billion, a price-to-earnings ratio of 16.28, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31.

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

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, September 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s dividend payout ratio is currently 61.54%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EXC. Truist Financial reduced their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Morgan Stanley dropped their target price on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. KeyCorp cut their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. TD Cowen reduced their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Finally, Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $50.07.

Exelon 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.