Exelon Corporation $EXC Shares Sold by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH decreased its position in shares of Exelon Corporation (NASDAQ:EXC) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 34,421 shares of the company’s stock after selling 1,846 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Exelon were worth $1,495,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hager Investment Management Services LLC boosted its position in shares of Exelon by 100.0% during the 2nd quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock valued at $29,000 after acquiring an additional 335 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its position in shares of Exelon by 46.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company’s stock valued at $32,000 after acquiring an additional 220 shares during the last quarter. ANTIPODES PARTNERS Ltd acquired a new position in shares of Exelon during the 1st quarter valued at about $34,000. Investment Research & Advisory Group Inc. acquired a new position in shares of Exelon during the 2nd quarter valued at about $39,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new position in Exelon in the first quarter valued at about $42,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Up 0.9%

Shares of NASDAQ:EXC opened at $47.07 on Friday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.95 and a quick ratio of 0.85. The firm has a market capitalization of $47.54 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 2.74 and a beta of 0.40. The firm’s 50-day moving average is $44.41 and its two-hundred day moving average is $44.33. Exelon Corporation has a 1 year low of $35.94 and a 1 year high of $48.11.

Exelon (NASDAQ:EXC) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The company had revenue of $5.43 billion for the quarter, compared to analyst estimates of $5.47 billion. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.47 earnings per share. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Analysts predict that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, August 11th were paid a dividend of $0.40 per share. The ex-dividend date was Monday, August 11th. This represents a $1.60 dividend on an annualized basis and a yield of 3.4%. Exelon’s dividend payout ratio is 60.84%.

Wall Street Analyst Weigh In

A number of research firms have commented on EXC. Evercore ISI began coverage on shares of Exelon in a research report on Monday. They issued an “outperform” rating and a $57.00 target price on the stock. UBS Group upped their target price on shares of Exelon from $48.00 to $50.00 and gave the company a “neutral” rating in a research report on Friday. KeyCorp decreased their target price on shares of Exelon from $39.00 to $37.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 16th. Morgan Stanley decreased their target price on shares of Exelon from $50.00 to $49.00 and set an “equal weight” rating on the stock in a research report on Thursday, September 25th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Exelon in a research report on Wednesday. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $48.33.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.