AXQ Capital LP Buys Shares of 12,891 Exelon Corporation $EXC

AXQ Capital LP purchased a new position in shares of Exelon Corporation (NASDAQ:EXC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 12,891 shares of the company’s stock, valued at approximately $580,000.

Several other hedge funds also recently modified their holdings of the business. LRI Investments LLC increased its position in Exelon by 210.8% during the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after acquiring an additional 392 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in Exelon in the 2nd quarter worth $29,000. Root Financial Partners LLC bought a new position in shares of Exelon during the 3rd quarter worth about $30,000. Steigerwald Gordon & Koch Inc. acquired a new position in shares of Exelon during the third quarter valued at about $32,000. Finally, Motco lifted its stake in shares of Exelon by 1,008.7% in the third quarter. Motco now owns 765 shares of the company’s stock valued at $34,000 after buying an additional 696 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Price Performance

NASDAQ:EXC opened at $48.59 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. The firm has a market cap of $49.70 billion, a PE ratio of 17.80, a price-to-earnings-growth ratio of 2.81 and a beta of 0.45. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $49.11. The company’s 50-day moving average price is $44.73 and its two-hundred day moving average price is $45.02.

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

Exelon Increases Dividend

The firm also recently disclosed 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 3.5%. The ex-dividend date of this dividend is Monday, March 2nd. Exelon’s payout ratio is presently 58.61%.

Analysts Set New Price Targets

EXC has been the topic of a number of recent research reports. Mizuho lifted their target price on Exelon from $47.00 to $51.00 and gave the stock an “outperform” rating in a research report on Friday, February 13th. Wells Fargo & Company upped their target price on Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Wolfe Research downgraded shares of Exelon from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, January 27th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday. Finally, Jefferies Financial Group reduced their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a report on Tuesday, January 27th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Exelon has a consensus rating of “Hold” and a consensus price target of $50.14.

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.