Jefferies Financial Group Inc. Purchases New Position in Exelon Corporation $EXC

Jefferies Financial Group Inc. purchased a new position in Exelon Corporation (NASDAQ:EXC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 88,954 shares of the company’s stock, valued at approximately $4,147,000.

A number of other hedge funds also recently bought and sold shares of EXC. Motiv8 Investments LLC acquired a new position in shares of Exelon during the 4th quarter worth approximately $25,000. Leonteq Securities AG acquired a new position in Exelon during the fourth quarter worth $26,000. Bell Investment Advisors Inc lifted its holdings in Exelon by 113.4% during the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after purchasing an additional 287 shares in the last quarter. SHP Wealth Management acquired a new stake in shares of Exelon in the fourth quarter valued at about $26,000. Finally, Eastern Bank acquired a new stake in shares of Exelon in the second quarter valued at about $26,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Trading Down 0.1%

EXC opened at $43.93 on Friday. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The company’s 50 day simple moving average is $46.08 and its two-hundred day simple moving average is $46.69. Exelon Corporation has a 1-year low of $42.58 and a 1-year high of $50.65. The firm has a market capitalization of $45.35 billion, a price-to-earnings ratio of 16.09, a price-to-earnings-growth ratio of 2.66 and a beta of 0.31.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.43 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $5.44 billion. During the same quarter last year, the company earned $0.39 earnings per share. Exelon’s revenue for the quarter was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid 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 3.8%. Exelon’s dividend payout ratio (DPR) is 61.54%.

Analyst Ratings Changes

EXC has been the subject of several research analyst reports. Morgan Stanley reduced their price target on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Truist Financial decreased their target price on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. TD Cowen dropped their price target on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Finally, KeyCorp reduced their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research note on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Exelon currently has a consensus rating of “Hold” and an average price target of $50.07.

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.