Vise Technologies Inc. Buys 20,793 Shares of Exelon Corporation $EXC

Vise Technologies Inc. increased its stake in shares of Exelon Corporation (NASDAQ:EXC) by 78.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,255 shares of the company’s stock after acquiring an additional 20,793 shares during the quarter. Vise Technologies Inc.’s holdings in Exelon were worth $2,060,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of EXC. Norges Bank bought a new position in Exelon during the fourth quarter worth $617,974,000. Lazard Asset Management LLC increased its position in Exelon by 32.9% during the third quarter. Lazard Asset Management LLC now owns 22,446,103 shares of the company’s stock worth $1,010,299,000 after acquiring an additional 5,554,494 shares during the period. ANTIPODES PARTNERS Ltd increased its position in Exelon by 134,604.0% during the third quarter. ANTIPODES PARTNERS Ltd now owns 3,557,532 shares of the company’s stock worth $160,137,000 after acquiring an additional 3,554,891 shares during the period. PFA Pension Forsikringsaktieselskab bought a new position in Exelon during the fourth quarter worth $119,749,000. Finally, Man Group plc increased its position in Exelon by 99.4% during the second quarter. Man Group plc now owns 3,034,725 shares of the company’s stock worth $131,768,000 after acquiring an additional 1,512,552 shares during the period. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Shares of Exelon stock opened at $45.75 on Monday. The firm has a market capitalization of $46.81 billion, a PE ratio of 16.76, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The company’s fifty day moving average price is $46.52 and its two-hundred day moving average price is $45.99. Exelon Corporation has a 52-week low of $42.11 and a 52-week high of $50.65.

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

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be issued a $0.42 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. Exelon’s dividend payout ratio is presently 61.54%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. TD Cowen dropped their target price 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. Truist Financial dropped their target price on shares of Exelon from $50.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 29th. Morgan Stanley dropped their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Citigroup assumed coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price on the stock. Finally, UBS Group boosted their target price on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Four 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $50.27.

About Exelon

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.