Exelon Corporation (NASDAQ:EXC) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Exelon Corporation (NASDAQ:EXC) have earned an average rating of “Hold” from the nineteen research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and five have assigned a buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $49.81.

EXC has been the subject of a number of recent analyst reports. Morgan Stanley decreased their target price on shares of Exelon from $53.00 to $50.00 and set an “equal weight” rating for the company in a research report on Friday, September 18th. Truist Financial dropped 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, August 13th. Argus reduced their price target on shares of Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a research note on Tuesday, September 22nd. Finally, Weiss Ratings cut shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th.

Hedge Funds Weigh In On Exelon

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Exelon in the 2nd quarter worth approximately $5,583,709,000. GQG Partners LLC acquired a new position in Exelon during the second quarter valued at approximately $922,917,000. Capital International Investors acquired a new position in Exelon during the fourth quarter valued at approximately $738,333,000. Norges Bank bought a new position in shares of Exelon in the fourth quarter valued at approximately $617,974,000. Finally, Legal & General Group Plc bought a new position in shares of Exelon in the second quarter valued at approximately $602,760,000. 80.92% of the stock is owned by institutional investors.

Exelon Trading Down 0.0%

Shares of EXC stock opened at $40.32 on Tuesday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. Exelon has a 1 year low of $39.73 and a 1 year high of $50.65. The stock has a fifty day moving average of $44.31 and a two-hundred day moving average of $45.89. The firm has a market capitalization of $41.62 billion, a PE ratio of 14.77, a price-to-earnings-growth ratio of 2.21 and a beta of 0.30.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date was Friday, September 4th. Exelon’s dividend payout ratio is 61.54%.

Exelon Company Profile

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company focused on the transmission and distribution of electricity and the delivery of natural gas. Through its operating companies, Exelon provides energy delivery, infrastructure, grid modernization, reliability, and related customer services rather than operating a competitive power-generation business.

Exelon’s six principal utilities are Commonwealth Edison (ComEd) in Illinois; PECO in Pennsylvania; Baltimore Gas and Electric (BGE) in Maryland; Delmarva Power in Delaware and Maryland; Atlantic City Electric in New Jersey; and Pepco in Washington, DC, and Maryland.