Exelon Corporation (NASDAQ:EXC) Given Average Recommendation of “Hold” by Analysts

Exelon Corporation (NASDAQ:EXC) has earned an average recommendation of “Hold” from the eighteen ratings firms that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $50.3333.

Several equities analysts have recently issued reports on the company. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and lowered their price target for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Weiss Ratings raised Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Wells Fargo & Company set a $50.00 target price on Exelon in a research report on Tuesday, April 21st. Finally, Royal Bank Of Canada decreased their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research report on Monday, April 20th.

Exelon Stock Performance

Shares of Exelon stock opened at $44.62 on Wednesday. The business has a fifty day simple moving average of $47.35 and a two-hundred day simple moving average of $46.04. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.65. The firm has a market capitalization of $45.66 billion, a P/E ratio of 16.34, a P/E/G ratio of 2.55 and a beta of 0.32. Exelon has a 12 month low of $42.11 and a 12 month high of $50.65.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. The firm had revenue of $7.24 billion during the quarter, compared to analyst estimates of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.Exelon’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts forecast that Exelon will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Thursday, June 4th will be given a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. Exelon’s payout ratio is 61.54%.

Hedge Funds Weigh In On Exelon

A number of hedge funds have recently bought and sold shares of EXC. Capital International Investors purchased a new position in 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. Capital World Investors grew its stake in shares of Exelon by 807.4% during the 4th quarter. Capital World Investors now owns 10,100,575 shares of the company’s stock valued at $440,284,000 after purchasing an additional 8,987,453 shares during the period. Lazard Asset Management LLC grew its stake in shares of Exelon by 32.9% during the 3rd quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock valued at $1,010,299,000 after purchasing an additional 5,554,494 shares during the period. Finally, ANTIPODES PARTNERS Ltd grew its stake in shares of Exelon by 134,604.0% during the 3rd quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock valued at $160,137,000 after purchasing an additional 3,554,891 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

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.