Corient Private Wealth LLC Buys 19,460 Shares of Exelon Corporation $EXC

Corient Private Wealth LLC grew its stake in Exelon Corporation (NASDAQ:EXC) by 8.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 250,338 shares of the company’s stock after acquiring an additional 19,460 shares during the quarter. Corient Private Wealth LLC’s holdings in Exelon were worth $10,914,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in EXC. Motiv8 Investments LLC bought a new position in Exelon in the fourth quarter worth about $25,000. Optima Capital LLC bought a new stake in shares of Exelon in the 4th quarter valued at about $25,000. SHP Wealth Management purchased a new position in shares of Exelon in the 4th quarter worth approximately $26,000. Beacon Financial Strategies CORP purchased a new position in shares of Exelon in the 4th quarter worth approximately $26,000. Finally, Leonteq Securities AG bought a new position in shares of Exelon during the 4th quarter worth approximately $26,000. 80.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of analyst reports. TD Cowen decreased their target price on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Truist Financial cut their price target on shares of Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 29th. BMO Capital Markets reaffirmed a “market perform” rating and set a $49.00 price target (down from $52.00) on shares of Exelon in a research report on Friday, April 17th. Citigroup started coverage on Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 price target on the stock. Finally, Morgan Stanley decreased their price objective on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a report on Tuesday, April 21st. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Exelon currently has a consensus rating of “Hold” and a consensus price target of $50.27.

Exelon Stock Up 0.6%

EXC stock opened at $46.90 on Thursday. The stock has a market capitalization of $47.99 billion, a PE ratio of 17.18, a price-to-earnings-growth ratio of 2.70 and a beta of 0.31. Exelon Corporation has a 52 week low of $42.23 and a 52 week high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The firm has a 50 day moving average of $45.75 and a 200 day moving average of $46.01.

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 analysts’ consensus estimates of $0.88 by $0.03. The business had revenue of $7.24 billion for 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%. Exelon’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 3.6%. The ex-dividend date was Thursday, June 4th. Exelon’s payout ratio is presently 61.54%.

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.