Exelon (NASDAQ:EXC) Price Target Raised to $44.00

Exelon (NASDAQ:EXC) had its price objective hoisted by KeyCorp from $39.00 to $44.00 in a research report released on Wednesday,Benzinga reports. KeyCorp currently has an underweight rating on the stock.

EXC has been the subject of a number of other research reports. Wolfe Research downgraded shares of Exelon from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, January 27th. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. JPMorgan Chase & Co. decreased their price objective on Exelon from $50.00 to $47.00 and set a “neutral” rating for the company in a report on Friday, December 12th. Royal Bank Of Canada started coverage on Exelon in a research report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 target price on the stock. Finally, Scotiabank upped their target price on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Eight analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $50.50.

Exelon Trading Up 1.2%

NASDAQ EXC opened at $49.36 on Wednesday. Exelon has a 52 week low of $41.71 and a 52 week high of $49.88. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.84 and a current ratio of 0.92. The stock’s 50 day moving average price is $45.56 and its two-hundred day moving average price is $45.26. The stock has a market capitalization of $50.49 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 2.84 and a beta of 0.45.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same quarter in the previous year, the company posted $0.64 earnings per share. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts anticipate that Exelon will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be paid a $0.42 dividend. This is an increase from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Monday, March 2nd. Exelon’s dividend payout ratio is 61.54%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC increased its stake in shares of Exelon by 51.0% during the 4th quarter. Hsbc Holdings PLC now owns 7,579,131 shares of the company’s stock worth $330,502,000 after purchasing an additional 2,558,473 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in Exelon during the fourth quarter worth about $89,000. Bayban acquired a new position in Exelon during the fourth quarter worth approximately $38,000. Pure Financial Advisors LLC increased its position in Exelon by 24.7% during the fourth quarter. Pure Financial Advisors LLC now owns 5,638 shares of the company’s stock worth $246,000 after buying an additional 1,116 shares during the last quarter. Finally, Henson Edgewater Management LLC acquired a new position in Exelon during the fourth quarter worth approximately $431,000. Institutional investors own 80.92% of the company’s stock.

Exelon Company 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.