Total Clarity Wealth Management Inc. Has $605,000 Holdings in Exelon Corporation $EXC

Total Clarity Wealth Management Inc. grew its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 45.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,926 shares of the company’s stock after purchasing an additional 4,345 shares during the period. Total Clarity Wealth Management Inc.’s holdings in Exelon were worth $605,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in EXC. Hager Investment Management Services LLC grew 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 worth $29,000 after purchasing an additional 335 shares in 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 worth $32,000 after acquiring an additional 220 shares in the last quarter. ANTIPODES PARTNERS Ltd acquired a new stake in shares of Exelon during the 1st quarter worth approximately $34,000. Investment Research & Advisory Group Inc. acquired a new stake in shares of Exelon during the 2nd quarter worth approximately $39,000. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in shares of Exelon during the 1st quarter worth approximately $42,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Exelon in a research report on Wednesday, October 8th. UBS Group increased their price target on shares of Exelon from $48.00 to $50.00 and gave the stock a “neutral” rating in a research report on Friday. Evercore ISI assumed coverage on shares of Exelon in a research report on Monday, October 6th. They set an “outperform” rating and a $57.00 price target on the stock. KeyCorp reduced their price target 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. Finally, Morgan Stanley reduced their price target 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. 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 stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $48.33.

Exelon Trading Down 0.5%

EXC opened at $46.85 on Tuesday. Exelon Corporation has a twelve month low of $35.94 and a twelve month high of $48.11. The company has a quick ratio of 0.85, a current ratio of 0.95 and a debt-to-equity ratio of 1.66. The company has a fifty day moving average of $44.44 and a 200-day moving average of $44.35. The stock has a market cap of $47.32 billion, a PE ratio of 17.81, a price-to-earnings-growth ratio of 2.91 and a beta of 0.40.

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

Exelon Dividend Announcement

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

Exelon 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.