Blair William & Co. IL Purchases 1,142 Shares of Exelon Corporation $EXC

Blair William & Co. IL lifted its stake in Exelon Corporation (NASDAQ:EXC) by 2.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 48,228 shares of the company’s stock after buying an additional 1,142 shares during the quarter. Blair William & Co. IL’s holdings in Exelon were worth $2,094,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Edgestream Partners L.P. lifted its holdings in shares of Exelon by 354.9% in the first quarter. Edgestream Partners L.P. now owns 193,388 shares of the company’s stock worth $8,911,000 after buying an additional 150,876 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Exelon by 3.6% in the first quarter. Arizona State Retirement System now owns 294,857 shares of the company’s stock worth $13,587,000 after buying an additional 10,176 shares in the last quarter. Cerity Partners LLC lifted its holdings in shares of Exelon by 14.9% in the first quarter. Cerity Partners LLC now owns 485,968 shares of the company’s stock worth $22,393,000 after buying an additional 63,009 shares in the last quarter. Zurich Insurance Group Ltd FI purchased a new position in shares of Exelon in the first quarter worth $47,789,000. Finally, Intech Investment Management LLC raised its stake in Exelon by 24.6% during the first quarter. Intech Investment Management LLC now owns 44,576 shares of the company’s stock valued at $2,054,000 after purchasing an additional 8,809 shares in the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Trading Up 1.1%

NASDAQ EXC opened at $47.38 on Wednesday. The company’s 50-day moving average price is $44.49 and its 200-day moving average price is $44.37. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. The stock has a market cap of $47.85 billion, a PE ratio of 18.02, a PEG ratio of 2.90 and a beta of 0.40. Exelon Corporation has a 12 month low of $35.94 and a 12 month high of $48.11.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The firm had revenue of $5.43 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.47 earnings per share. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities research analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have commented on EXC. Morgan Stanley lowered their price objective on shares of Exelon from $50.00 to $49.00 and set an “equal weight” rating for the company in a research report on Thursday, September 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Exelon in a research report on Wednesday, October 8th. UBS Group increased their price objective on shares of Exelon from $48.00 to $50.00 and gave the company a “neutral” rating in a research report on Friday. Barclays increased their price objective on shares of Exelon from $48.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, KeyCorp lowered their price objective on shares of Exelon from $39.00 to $37.00 and set an “underweight” rating for the company in a research report on Wednesday, July 16th. 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’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $48.78.

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.