Squarepoint Ops LLC Buys 731,741 Shares of Exelon Corporation $EXC

Squarepoint Ops LLC increased its position in Exelon Corporation (NASDAQ:EXC) by 58.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,982,964 shares of the company’s stock after acquiring an additional 731,741 shares during the period. Squarepoint Ops LLC’s holdings in Exelon were worth $92,446,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Resonant Capital Advisors LLC grew its stake in shares of Exelon by 2.4% during the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after purchasing an additional 217 shares during the period. PFG Investments LLC boosted its holdings in shares of Exelon by 1.6% in the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after buying an additional 218 shares during the last quarter. Texas Bank & Trust Co grew its position in Exelon by 1.5% during the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after buying an additional 229 shares during the period. Westfuller Advisors LLC grew its position in Exelon by 12.5% during the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after buying an additional 232 shares during the period. Finally, HighPoint Advisor Group LLC increased its holdings in Exelon by 0.3% during the fourth quarter. HighPoint Advisor Group LLC now owns 82,907 shares of the company’s stock valued at $3,614,000 after buying an additional 242 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $43.95 on Wednesday. The company has a market cap of $45.37 billion, a P/E ratio of 16.10, a P/E/G ratio of 2.39 and a beta of 0.30. Exelon Corporation has a 52-week low of $42.58 and a 52-week high of $50.65. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The firm’s fifty day moving average is $45.67 and its two-hundred day moving average is $46.56.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analysts Set New Price Targets

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