E Fund Management Co. Ltd. Takes $1.84 Million Position in Exelon Corporation $EXC

E Fund Management Co. Ltd. acquired a new stake in Exelon Corporation (NASDAQ:EXC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,498 shares of the company’s stock, valued at approximately $1,841,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EXC. Resonant Capital Advisors LLC grew its position in shares of Exelon by 2.4% during the first quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock worth $460,000 after buying an additional 217 shares in the last quarter. PFG Investments LLC grew its holdings in shares of Exelon by 1.6% during the first quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after purchasing an additional 218 shares during the last quarter. Texas Bank & Trust Co increased its position in Exelon by 1.5% during the first quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock worth $755,000 after buying an additional 229 shares during the period. Westfuller Advisors LLC boosted its stake in Exelon by 12.5% during the 1st quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock worth $103,000 after purchasing an additional 232 shares during the period. Finally, Verdence Capital Advisors LLC grew its holdings in shares of Exelon by 2.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock worth $376,000 after buying an additional 233 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

EXC has been the subject of several recent research reports. KeyCorp dropped their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Weiss Ratings cut shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Truist Financial decreased their price objective on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Finally, TD Cowen lowered their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $50.20.

Exelon Stock Down 0.0%

Shares of Exelon stock opened at $45.30 on Thursday. The stock’s fifty day moving average is $46.31 and its 200-day moving average is $46.70. 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 firm has a market capitalization of $46.76 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 2.74 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 posted its quarterly 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). The company had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%.The company’s revenue was up 10.0% compared to the same quarter last year. During the same period last year, the company posted $0.39 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

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

Exelon Company 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.