COFG Advisors LLC Takes $697,000 Position in Exelon Corporation $EXC

COFG Advisors LLC bought a new position in shares of Exelon Corporation (NASDAQ:EXC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,983 shares of the company’s stock, valued at approximately $697,000.

Several other large investors have also recently added to or reduced their stakes in the business. Optima Capital LLC acquired a new stake in Exelon during the fourth quarter worth about $25,000. Beacon Financial Strategies CORP acquired a new stake in Exelon during the fourth quarter worth about $26,000. Leonteq Securities AG acquired a new stake in Exelon during the fourth quarter worth about $26,000. Thurston Springer Miller Herd & Titak Inc. increased its stake in Exelon by 289.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock worth $34,000 after acquiring an additional 578 shares during the last quarter. Finally, Jackson Grant Investment Advisers Inc. increased its stake in Exelon by 861.2% during the fourth quarter. Jackson Grant Investment Advisers Inc. now owns 817 shares of the company’s stock worth $36,000 after acquiring an additional 732 shares during the last quarter. 80.92% of the stock is currently owned by hedge funds and other institutional investors.

Exelon Stock Down 2.0%

EXC opened at $44.71 on Tuesday. Exelon Corporation has a 12 month low of $42.11 and a 12 month high of $50.65. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The stock has a market cap of $45.75 billion, a P/E ratio of 16.38, a P/E/G ratio of 2.64 and a beta of 0.31. The stock’s 50 day moving average price is $46.69 and its 200 day moving average price is $46.02.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same period last year, the firm earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts predict that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 1st. TD Cowen lowered their target price on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. BMO Capital Markets reiterated a “market perform” rating and issued a $49.00 target price (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Mizuho set a $48.00 target price on Exelon and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, Barclays lowered Exelon from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $50.00 to $49.00 in a research note on Friday, April 17th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $50.27.

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.