Exelon Corporation $EXC Shares Purchased by Middleton & Co. Inc. MA

Middleton & Co. Inc. MA raised its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,677 shares of the company’s stock after buying an additional 3,380 shares during the period. Middleton & Co. Inc. MA’s holdings in Exelon were worth $4,241,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Hager Investment Management Services LLC lifted its stake in shares of Exelon by 100.0% during the second 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. raised its holdings 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 buying an additional 220 shares during the period. ANTIPODES PARTNERS Ltd acquired a new position in Exelon during the 1st quarter worth approximately $34,000. Investment Research & Advisory Group Inc. purchased a new position in Exelon in the 2nd quarter worth approximately $39,000. Finally, MJT & Associates Financial Advisory Group Inc. purchased a new position in Exelon in the 1st quarter worth approximately $42,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EXC has been the topic of a number of recent research reports. Jefferies Financial Group set a $57.00 target price on shares of Exelon in a research report on Wednesday, October 15th. Wells Fargo & Company upgraded shares of Exelon to a “strong-buy” rating in a report on Tuesday, October 28th. KeyCorp upped their price objective on shares of Exelon from $37.00 to $42.00 and gave the company an “underweight” rating in a research report on Wednesday, October 15th. Barclays upped their target price on Exelon from $48.00 to $52.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Finally, TD Cowen assumed coverage on shares of Exelon in a research report on Thursday, October 16th. They set a “hold” rating and a $49.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $50.55.

Exelon Stock Performance

Shares of EXC opened at $45.71 on Friday. The stock has a market capitalization of $46.17 billion, a PE ratio of 17.38, a price-to-earnings-growth ratio of 2.93 and a beta of 0.44. The business’s fifty day moving average price is $45.36 and its 200 day moving average price is $44.54. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.95 and a quick ratio of 0.85. Exelon Corporation has a 12-month low of $35.94 and a 12-month high of $48.51.

Exelon (NASDAQ:EXC) last issued its earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The company had revenue of $6.71 billion for the quarter, compared to analysts’ expectations of $6.40 billion. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities research analysts forecast that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, November 10th will be issued a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.5%. Exelon’s dividend payout ratio (DPR) is currently 57.35%.

About Exelon

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.