11,899 Shares in Exelon Corporation $EXC Purchased by Shah Wealth Advisors LLC

Shah Wealth Advisors LLC purchased a new stake in shares of Exelon Corporation (NASDAQ:EXC) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 11,899 shares of the company’s stock, valued at approximately $555,000.

Several other institutional investors and hedge funds have also bought and sold shares of EXC. BlackRock Inc. purchased a new stake in Exelon in the second quarter worth $5,583,709,000. GQG Partners LLC bought a new position in Exelon in the 2nd quarter worth $922,917,000. Capital International Investors purchased a new stake in shares of Exelon in the 4th quarter worth about $738,333,000. Norges Bank bought a new stake in shares of Exelon during the 4th quarter valued at about $617,974,000. Finally, Legal & General Group Plc purchased a new position in shares of Exelon during the second quarter valued at about $602,760,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. KeyCorp lowered their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Morgan Stanley lowered their target price 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. Truist Financial decreased their price objective on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. TD Cowen lowered their price objective on 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 report on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Exelon has a consensus rating of “Hold” and an average price target of $50.07.

Exelon Stock Performance

Shares of EXC stock opened at $43.64 on Friday. The company’s 50-day moving average is $45.80 and its 200 day moving average is $46.63. The company has a market capitalization of $45.05 billion, a price-to-earnings ratio of 15.99, a price-to-earnings-growth ratio of 2.43 and a beta of 0.30. Exelon Corporation has a one year low of $42.58 and a one year 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.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results 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). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period last year, the business earned $0.39 EPS. Exelon’s revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

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

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.