Principle Wealth Partners LLC Invests $2.40 Million in Exelon Corporation $EXC

Principle Wealth Partners LLC acquired a new position in Exelon Corporation (NASDAQ:EXC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 51,410 shares of the company’s stock, valued at approximately $2,397,000.

Other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Exelon by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 131,118,541 shares of the company’s stock valued at $5,715,457,000 after purchasing an additional 595,555 shares during the last quarter. State Street Corp lifted its stake in shares of Exelon by 4.0% in the 4th quarter. State Street Corp now owns 66,623,103 shares of the company’s stock worth $2,904,101,000 after purchasing an additional 2,550,786 shares during the period. Lazard Asset Management LLC boosted its holdings in shares of Exelon by 6.4% in the first quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock worth $1,206,887,000 after buying an additional 1,490,251 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Exelon by 2.9% in the fourth quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock worth $913,853,000 after buying an additional 595,655 shares during the last quarter. Finally, Wellington Management Group LLP grew its position in Exelon by 2.2% during the third quarter. Wellington Management Group LLP now owns 18,663,481 shares of the company’s stock valued at $840,043,000 after buying an additional 393,917 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on EXC shares. Royal Bank Of Canada reduced their target price on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. TD Cowen dropped their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Truist Financial cut their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research report on Thursday. Wells Fargo & Company set a $50.00 price objective on Exelon in a research note on Tuesday, April 21st. Finally, KeyCorp decreased their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $50.20.

Exelon Stock Performance

Shares of NASDAQ EXC opened at $45.57 on Tuesday. The firm has a fifty day moving average price of $46.32 and a 200-day moving average price of $46.69. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The stock has a market cap of $47.04 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 2.77 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65.

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

Exelon Dividend Announcement

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

Exelon Profile

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.