United Capital Financial Advisors LLC Makes New $1.71 Million Investment in Exelon Corporation $EXC

United Capital Financial Advisors LLC bought a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the second quarter, HoldingsChannel reports. The institutional investor bought 36,715 shares of the company’s stock, valued at approximately $1,712,000.

Several other hedge funds also recently modified their holdings of the business. BlackRock Inc. bought a new stake in shares of Exelon during the second quarter worth approximately $5,583,709,000. GQG Partners LLC bought a new position in Exelon in the second quarter valued at approximately $922,917,000. Capital International Investors acquired a new stake in Exelon during the 4th quarter worth $738,333,000. Norges Bank bought a new stake in shares of Exelon during the 4th quarter valued at $617,974,000. Finally, Legal & General Group Plc bought a new position in shares of Exelon in the 2nd quarter worth $602,760,000. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

NASDAQ EXC opened at $43.93 on Friday. The firm’s 50 day moving average is $46.08 and its 200-day moving average is $46.69. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. The company has a market capitalization of $45.35 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 2.66 and a beta of 0.31. Exelon Corporation has a 12-month low of $42.58 and a 12-month 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). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business had revenue of $5.97 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same period last year, the business posted $0.39 EPS. The firm’s revenue for the quarter was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio is currently 61.54%.

Wall Street Analyst Weigh In

EXC has been the topic of a number of analyst reports. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. TD Cowen reduced their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. KeyCorp decreased their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Morgan Stanley reduced their target price on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Finally, Truist Financial lowered their price target on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a report on Thursday, August 13th. 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $50.07.

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.