Exelon Corporation (NASDAQ:EXC) Given Average Rating of “Hold” by Brokerages

Exelon Corporation (NASDAQ:EXC) has earned a consensus rating of “Hold” from the eighteen ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating and four have assigned a buy rating to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $50.2667.

A number of equities research analysts have recently issued reports on EXC shares. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and cut their price objective for the company from $55.00 to $50.00 in a research report on Monday, April 20th. Mizuho set a $48.00 price objective on shares of Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. Truist Financial cut their price objective on shares of Exelon from $50.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 29th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Finally, Citigroup assumed coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 price objective for the company.

Exelon Price Performance

Shares of NASDAQ EXC opened at $46.21 on Friday. Exelon has a twelve month low of $42.18 and a twelve month high of $50.65. The firm has a market cap of $47.28 billion, a P/E ratio of 16.93, a PEG ratio of 2.68 and a beta of 0.31. The company has a 50 day moving average of $46.20 and a 200 day moving average of $45.98. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.6%. Exelon’s dividend payout ratio is currently 61.54%.

Institutional Trading of Exelon

Several hedge funds have recently bought and sold shares of EXC. Caxton Associates LLP purchased a new stake in Exelon in the 1st quarter worth $286,000. Woodline Partners LP lifted its stake in Exelon by 40.7% in the 1st quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after purchasing an additional 24,580 shares in the last quarter. Jump Financial LLC purchased a new stake in Exelon in the 2nd quarter worth $2,448,000. Gamco Investors INC. ET AL purchased a new stake in Exelon in the 2nd quarter worth about $645,000. Finally, Treasurer of the State of North Carolina raised its position in Exelon by 3.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after purchasing an additional 14,240 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.