Van Hulzen Asset Management LLC bought a new position in Exelon Corporation (NASDAQ:EXC – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 267,381 shares of the company’s stock, valued at approximately $12,465,000. Exelon accounts for about 0.9% of Van Hulzen Asset Management LLC’s investment portfolio, making the stock its 29th largest holding.
Other large investors have also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC raised its position in shares of Exelon by 2.4% in the first quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after purchasing an additional 217 shares during the period. PFG Investments LLC boosted its holdings in shares of Exelon by 1.6% during the 1st quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after buying an additional 218 shares during the period. Texas Bank & Trust Co boosted its holdings in shares of Exelon by 1.5% during the 1st 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 grew its stake in Exelon by 12.5% in the 1st quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after buying an additional 232 shares during the last quarter. Finally, Verdence Capital Advisors LLC grew its stake in Exelon by 2.8% in the 4th quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock valued at $376,000 after buying an additional 233 shares during the last quarter. Institutional investors own 80.92% of the company’s stock.
Analyst Ratings Changes
EXC has been the topic of several recent analyst reports. KeyCorp dropped their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. TD Cowen lowered their price target on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. Morgan Stanley dropped their price objective on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, Truist Financial decreased their target price on Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday, August 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Exelon currently has a consensus rating of “Hold” and an average price target of $50.07.
Exelon Trading Up 1.3%
Shares of EXC stock opened at $44.34 on Tuesday. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The firm’s fifty day simple moving average is $46.22 and its 200 day simple moving average is $46.71. The firm has a market capitalization of $45.77 billion, a P/E ratio of 16.24, a price-to-earnings-growth ratio of 2.65 and a beta of 0.31. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71.
Exelon (NASDAQ:EXC – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the previous year, the company earned $0.39 earnings per share. Exelon’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, sell-side analysts predict that Exelon Corporation will post 2.86 EPS for the current year.
Exelon Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is presently 61.54%.
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.
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