16,830 Shares in Exelon Corporation $EXC Acquired by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC purchased a new position in Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 16,830 shares of the company’s stock, valued at approximately $785,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ausdal Financial Partners Inc. acquired a new stake in Exelon in the 2nd quarter valued at about $506,000. Bank of America Corp DE purchased a new stake in shares of Exelon in the second quarter valued at approximately $332,256,000. Caisse de depot et placement du Quebec acquired a new stake in shares of Exelon in the second quarter valued at approximately $7,896,000. Odyssean LLC lifted its position in Exelon by 103.6% during the second quarter. Odyssean LLC now owns 46,567 shares of the company’s stock worth $2,171,000 after buying an additional 23,697 shares in the last quarter. Finally, Man Group plc acquired a new position in Exelon during the second quarter worth $42,105,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Up 0.3%

Shares of NASDAQ:EXC opened at $44.44 on Thursday. The firm has a market capitalization of $45.87 billion, a PE ratio of 16.28, a price-to-earnings-growth ratio of 2.68 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The firm’s 50-day moving average is $46.15 and its two-hundred day moving average is $46.72.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.43 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 company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the prior year, the firm posted $0.39 earnings per share. The business’s quarterly revenue was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts predict that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

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 given 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 dividend yield of 3.8%. Exelon’s payout ratio is 61.54%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Morgan Stanley dropped their target price on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday, August 21st. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Truist Financial cut 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. KeyCorp reduced their target price 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. Finally, TD Cowen dropped their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $50.07.

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.