Plato Investment Management Ltd Buys Shares of 30,425 Exelon Corporation $EXC

Plato Investment Management Ltd bought a new stake in Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 30,425 shares of the company’s stock, valued at approximately $1,410,000.

Several other institutional investors also recently modified their holdings of the business. Simplicity Wealth LLC acquired a new position in Exelon in the second quarter valued at approximately $333,000. Trivium Point Advisory LLC acquired a new stake in Exelon during the 2nd quarter worth $589,000. N.E.W. Advisory Services LLC bought a new stake in shares of Exelon during the 2nd quarter valued at $159,000. HBK Sorce Advisory LLC bought a new stake in shares of Exelon during the 2nd quarter valued at $1,239,000. Finally, Flputnam Investment Management Co. acquired a new position in shares of Exelon in the 2nd quarter valued at $4,521,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Stock Down 0.6%

EXC stock opened at $45.57 on Tuesday. The business has a 50-day moving average of $46.32 and a 200-day moving average of $46.69. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. The stock has a market capitalization of $47.04 billion, a P/E ratio of 16.69, a P/E/G ratio of 2.77 and a beta of 0.31. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). The firm had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The company’s revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a dividend of $0.42 per share. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.7%. Exelon’s dividend payout ratio is presently 61.54%.

Analysts Set New Price Targets

EXC has been the subject of a number of analyst reports. TD Cowen decreased their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. KeyCorp decreased their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Morgan Stanley lowered their price target on Exelon from $56.00 to $55.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Finally, Truist Financial cut their price target on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research report on Thursday. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $50.20.

About Exelon

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.