Exelon Corporation $EXC Shares Bought by Federated Hermes Inc.

Federated Hermes Inc. lifted its holdings in shares of Exelon Corporation (NASDAQ:EXC) by 3.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 464,355 shares of the company’s stock after purchasing an additional 17,255 shares during the quarter. Federated Hermes Inc.’s holdings in Exelon were worth $20,901,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in EXC. Valeo Financial Advisors LLC grew its holdings in shares of Exelon by 7.0% in the third quarter. Valeo Financial Advisors LLC now owns 6,800 shares of the company’s stock valued at $306,000 after purchasing an additional 444 shares in the last quarter. J. Safra Sarasin Holding AG boosted its position in Exelon by 27.2% in the 3rd quarter. J. Safra Sarasin Holding AG now owns 68,838 shares of the company’s stock valued at $3,098,000 after buying an additional 14,710 shares during the period. First Command Advisory Services Inc. grew its stake in shares of Exelon by 45.6% in the third quarter. First Command Advisory Services Inc. now owns 6,388 shares of the company’s stock worth $288,000 after acquiring an additional 2,001 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Exelon by 6.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 163,730 shares of the company’s stock worth $7,371,000 after acquiring an additional 9,391 shares in the last quarter. Finally, First Citizens Bank & Trust Co. purchased a new stake in shares of Exelon during the third quarter worth $10,875,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

EXC stock opened at $44.78 on Friday. The business has a 50 day moving average price of $44.24 and a 200 day moving average price of $44.77. The stock has a market cap of $45.24 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 2.60 and a beta of 0.46. Exelon Corporation has a fifty-two week low of $39.67 and a fifty-two week high of $48.51. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66.

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

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Wells Fargo & Company reduced their price objective on Exelon from $52.00 to $51.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 20th. KeyCorp set a $39.00 price target on Exelon in a research report on Friday, December 12th. Wolfe Research cut Exelon from an “outperform” rating to a “peer perform” rating in a research note on Tuesday. Jefferies Financial Group lowered their price objective on Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, TD Cowen started coverage on shares of Exelon in a report on Thursday, October 16th. They issued a “hold” rating and a $49.00 target price on the stock. Seven research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $49.38.

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.