Fideuram Intesa Sanpaolo Private Banking S.P.A. Grows Position in Exelon Corporation $EXC

Fideuram Intesa Sanpaolo Private Banking S.P.A. increased its stake in shares of Exelon Corporation (NASDAQ:EXCFree Report) by 18.9% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 73,153 shares of the company’s stock after acquiring an additional 11,610 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Exelon were worth $3,586,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Optima Capital LLC bought a new stake in shares of Exelon in the fourth quarter worth about $25,000. Motiv8 Investments LLC purchased a new position in Exelon during the 4th quarter valued at approximately $25,000. Beacon Financial Strategies CORP purchased a new position in Exelon during the 4th quarter valued at approximately $26,000. Leonteq Securities AG bought a new stake in Exelon in the 4th quarter worth approximately $26,000. Finally, SHP Wealth Management bought a new stake in Exelon in the 4th quarter worth approximately $26,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Performance

NASDAQ EXC opened at $47.88 on Friday. The company has a market cap of $48.99 billion, a P/E ratio of 17.54, a P/E/G ratio of 2.77 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. The business’s 50 day moving average price is $45.76 and its 200-day moving average price is $46.17. Exelon Corporation has a fifty-two week low of $42.47 and a fifty-two week high of $50.65.

Exelon (NASDAQ:EXCGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. The company had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.Exelon’s revenue was up 7.9% on a year-over-year basis. During the same period last year, the company earned $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts predict 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. Investors of record on Thursday, June 4th were paid a dividend of $0.42 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.5%. Exelon’s payout ratio is currently 61.54%.

Wall Street Analysts Forecast Growth

EXC has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Royal Bank Of Canada reduced their price target on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Monday, April 20th. KeyCorp decreased their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 13th. Citigroup initiated 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. Finally, Truist Financial reduced their target price 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. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Exelon currently has an average rating of “Hold” and an average price target of $50.27.

Check Out Our Latest Analysis on EXC

Exelon Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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