Exelon Corporation $EXC Shares Bought by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its position in Exelon Corporation (NASDAQ:EXC) by 30.0% during the third quarter, Holdings Channel reports. The institutional investor owned 491,478 shares of the company’s stock after buying an additional 113,552 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Exelon were worth $22,121,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Hager Investment Management Services LLC raised its position in Exelon by 100.0% in the second quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock worth $29,000 after acquiring an additional 335 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Exelon in the 2nd quarter worth approximately $29,000. Root Financial Partners LLC bought a new stake in shares of Exelon in the 3rd quarter worth approximately $30,000. Steigerwald Gordon & Koch Inc. acquired a new stake in Exelon during the third quarter valued at approximately $32,000. Finally, Motco boosted its holdings in Exelon by 1,008.7% during the third quarter. Motco now owns 765 shares of the company’s stock worth $34,000 after buying an additional 696 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EXC. TD Cowen initiated coverage on Exelon in a report on Thursday, October 16th. They issued a “hold” rating and a $49.00 price target on the stock. BTIG Research assumed coverage on Exelon in a report on Tuesday, October 21st. They issued a “neutral” rating on the stock. UBS Group reduced their target price on Exelon from $49.00 to $48.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Royal Bank Of Canada initiated coverage on Exelon in a research note on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price target on the stock. Finally, KeyCorp set a $39.00 price objective on shares of Exelon in a research note on Friday, December 12th. Seven equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $49.38.

Exelon Stock Performance

Shares of EXC stock opened at $44.41 on Friday. The company has a market capitalization of $44.87 billion, a price-to-earnings ratio of 15.92, a P/E/G ratio of 2.62 and a beta of 0.46. Exelon Corporation has a 1-year low of $39.67 and a 1-year high of $48.51. The company has a current ratio of 0.94, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. The stock’s fifty day simple moving average is $44.26 and its 200-day simple moving average is $44.76.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.86 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The firm had revenue of $6.71 billion during the quarter, compared to analyst estimates of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, sell-side analysts predict that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

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.