NewEdge Wealth LLC Makes New Investment in Exelon Corporation $EXC

NewEdge Wealth LLC purchased a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 23,868 shares of the company’s stock, valued at approximately $1,040,000.

A number of other hedge funds have also recently modified their holdings of EXC. Optima Capital LLC acquired a new position in Exelon in the 4th quarter valued at about $25,000. LRI Investments LLC increased its holdings in shares of Exelon by 210.8% during the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock worth $26,000 after buying an additional 392 shares during the last quarter. Beacon Financial Strategies CORP acquired a new stake in shares of Exelon during the 4th quarter worth approximately $26,000. Root Financial Partners LLC purchased a new stake in shares of Exelon during the 3rd quarter valued at approximately $30,000. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its holdings in Exelon by 289.0% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock valued at $34,000 after acquiring an additional 578 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Up 0.3%

Exelon stock opened at $44.40 on Friday. The company has a market capitalization of $45.43 billion, a PE ratio of 16.26, a price-to-earnings-growth ratio of 2.56 and a beta of 0.32. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.85 and a current ratio of 0.94. Exelon Corporation has a fifty-two week low of $42.11 and a fifty-two week high of $50.65. The firm has a 50 day moving average price of $47.66 and a 200 day moving average price of $46.12.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, topping analysts’ consensus estimates of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company had revenue of $7.24 billion for the quarter, compared to analysts’ expectations of $6.93 billion. During the same period in the prior year, the firm earned $0.92 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Thursday, June 4th. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analysts Set New Price Targets

Several research analysts recently weighed in on EXC shares. Weiss Ratings upgraded Exelon from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Citigroup began coverage on Exelon in a research note on Thursday, March 26th. They issued a “buy” rating and a $58.00 price target on the stock. Wall Street Zen upgraded Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and cut their price objective for the stock from $55.00 to $50.00 in a research report on Monday, April 20th. Finally, Scotiabank boosted their price objective on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $50.33.

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.