Exelon Corporation $EXC Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC raised its stake in Exelon Corporation (NASDAQ:EXC) by 128.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,902 shares of the company’s stock after acquiring an additional 17,392 shares during the period. Global Retirement Partners LLC’s holdings in Exelon were worth $1,391,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Hager Investment Management Services LLC grew its stake in Exelon by 100.0% during the 2nd quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock worth $29,000 after buying an additional 335 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Exelon in the second quarter valued at approximately $29,000. CoreFirst Bank & Trust acquired a new stake in shares of Exelon in the second quarter valued at approximately $38,000. Investment Research & Advisory Group Inc. purchased a new position in shares of Exelon during the second quarter worth approximately $39,000. Finally, Albion Financial Group UT grew its position in shares of Exelon by 54.7% during the third quarter. Albion Financial Group UT now owns 928 shares of the company’s stock worth $42,000 after acquiring an additional 328 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 0.7%

Shares of Exelon stock opened at $43.84 on Wednesday. The firm has a market cap of $44.29 billion, a price-to-earnings ratio of 15.71, a price-to-earnings-growth ratio of 2.56 and a beta of 0.46. Exelon Corporation has a 52-week low of $37.13 and a 52-week high of $48.51. The company’s 50-day simple moving average is $44.92 and its 200-day simple moving average is $44.66. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.17. The company had revenue of $6.71 billion for the quarter, compared to analyst estimates of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. As a group, equities research analysts anticipate that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, November 10th were given a $0.40 dividend. The ex-dividend date was Monday, November 10th. This represents a $1.60 annualized dividend and a yield of 3.6%. Exelon’s dividend payout ratio is presently 57.35%.

Wall Street Analyst Weigh In

Several research firms recently commented on EXC. UBS Group reduced their price target on shares of Exelon from $49.00 to $48.00 and set a “neutral” rating for the company in a research report on Wednesday, December 17th. Evercore ISI initiated coverage on shares of Exelon in a research note on Monday, October 6th. They issued an “outperform” rating and a $57.00 price objective on the stock. Jefferies Financial Group set a $57.00 target price on shares of Exelon in a research note on Wednesday, October 15th. KeyCorp set a $39.00 price target on Exelon in a report on Friday, December 12th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Exelon in a research report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $49.75.

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.