Exelon (NYSE:EXC) had its price objective upped by Morgan Stanley from $43.00 to $46.00 in a report published on Tuesday morning, MarketBeat Ratings reports. They currently have a hold rating on the energy giant’s stock.

Other research analysts have also recently issued research reports about the company. Zacks Investment Research upgraded Exelon from a hold rating to a buy rating and set a $45.00 price target on the stock in a research note on Tuesday, June 12th. ValuEngine upgraded Exelon from a hold rating to a buy rating in a research note on Friday, June 1st. Citigroup upped their price objective on Exelon from $44.00 to $45.00 and gave the company a buy rating in a research note on Monday, July 9th. Guggenheim restated a buy rating and set a $51.00 price objective on shares of Exelon in a research note on Monday, July 23rd. Finally, Barclays started coverage on Exelon in a research note on Tuesday, July 10th. They set an equal weight rating and a $46.00 price objective on the stock. Seven equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus target price of $44.19.

NYSE:EXC opened at $44.44 on Tuesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 1.03 and a current ratio of 1.19. Exelon has a one year low of $35.57 and a one year high of $45.05. The stock has a market capitalization of $42.62 billion, a P/E ratio of 17.09, a price-to-earnings-growth ratio of 2.51 and a beta of 0.21.

Exelon (NYSE:EXC) last released its quarterly earnings results on Thursday, August 2nd. The energy giant reported $0.71 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.61 by $0.10. Exelon had a return on equity of 9.48% and a net margin of 11.25%. The business had revenue of $8.08 billion for the quarter, compared to analysts’ expectations of $7.39 billion. During the same quarter in the previous year, the firm posted $0.54 earnings per share. The company’s revenue was up 5.4% compared to the same quarter last year. equities research analysts predict that Exelon will post 3.1 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, September 10th. Stockholders of record on Wednesday, August 15th were issued a dividend of $0.345 per share. This represents a $1.38 annualized dividend and a dividend yield of 3.11%. The ex-dividend date of this dividend was Tuesday, August 14th. Exelon’s dividend payout ratio (DPR) is presently 53.08%.

Several large investors have recently bought and sold shares of the company. BlackRock Inc. grew its holdings in shares of Exelon by 1.0% during the second quarter. BlackRock Inc. now owns 71,949,812 shares of the energy giant’s stock valued at $3,065,064,000 after purchasing an additional 721,483 shares during the last quarter. LSV Asset Management grew its holdings in shares of Exelon by 4.6% during the second quarter. LSV Asset Management now owns 12,606,244 shares of the energy giant’s stock valued at $537,025,000 after purchasing an additional 550,382 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of Exelon by 269.4% during the first quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 12,440,512 shares of the energy giant’s stock valued at $485,304,000 after purchasing an additional 9,072,773 shares during the last quarter. FIL Ltd grew its holdings in shares of Exelon by 3.0% during the first quarter. FIL Ltd now owns 9,553,259 shares of the energy giant’s stock valued at $372,673,000 after purchasing an additional 275,402 shares during the last quarter. Finally, Jennison Associates LLC grew its holdings in shares of Exelon by 0.7% during the second quarter. Jennison Associates LLC now owns 7,208,111 shares of the energy giant’s stock valued at $307,066,000 after purchasing an additional 52,218 shares during the last quarter. 78.64% of the stock is owned by institutional investors.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in energy generation and delivery businesses in the United States and Canada. The company owns electric generating facilities, such as nuclear, fossil, wind, hydroelectric, and solar generating facilities. It also sells electricity to wholesale and retail customers; and sells natural gas, renewable energy, and other energy-related products and services.

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Analyst Recommendations for Exelon (NYSE:EXC)

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