Econ Financial Services Corp Grows Stake in Exelon Corporation $EXC

Econ Financial Services Corp raised its position in shares of Exelon Corporation (NASDAQ:EXC) by 82.4% in the fourth quarter, HoldingsChannel reports. The firm owned 78,068 shares of the company’s stock after acquiring an additional 35,279 shares during the period. Exelon comprises about 1.7% of Econ Financial Services Corp’s investment portfolio, making the stock its 21st largest holding. Econ Financial Services Corp’s holdings in Exelon were worth $3,403,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. LRI Investments LLC increased its stake in shares of Exelon by 210.8% during the third quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after buying an additional 392 shares during the period. Beacon Financial Strategies CORP purchased a new stake in Exelon in the fourth quarter worth about $26,000. Elevation Point Wealth Partners LLC bought a new position in Exelon during the 2nd quarter worth about $29,000. Root Financial Partners LLC bought a new position in Exelon during the 3rd quarter worth about $30,000. Finally, Steigerwald Gordon & Koch Inc. purchased a new position in Exelon during the 3rd quarter valued at about $32,000. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

EXC stock opened at $49.02 on Wednesday. Exelon Corporation has a one year low of $41.71 and a one year high of $50.65. The firm has a market cap of $50.16 billion, a price-to-earnings ratio of 17.96, a PEG ratio of 2.85 and a beta of 0.45. 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 firm has a 50-day simple moving average of $47.23 and a two-hundred day simple moving average of $45.85.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.59 EPS 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 last year, the firm posted $0.64 earnings per share. The business’s revenue for the quarter was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts forecast that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Monday, March 2nd. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.4%. Exelon’s payout ratio is currently 61.54%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on EXC. Morgan Stanley reaffirmed an “underperform” rating and issued a $51.00 price target on shares of Exelon in a research report on Wednesday, January 21st. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. UBS Group upped their target price on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a report on Friday, February 20th. Wells Fargo & Company increased their target price on Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, Jefferies Financial Group cut their price target on Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Nine equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $51.40.

About Exelon

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.