Exelon (NASDAQ:EXC) Downgraded by Mizuho to Hold

Mizuho lowered shares of Exelon (NASDAQ:EXC) from a strong-buy rating to a hold rating in a research note issued to investors on Friday morning,Zacks.com reports.

A number of other research analysts have also weighed in on EXC. BMO Capital Markets reaffirmed a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a research note on Friday. Wells Fargo & Company raised their price objective on shares of Exelon from $51.00 to $53.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. UBS Group boosted their price objective on shares of Exelon from $48.00 to $51.00 and gave the company a “neutral” rating in a research report on Friday, February 20th. Wall Street Zen raised shares of Exelon from a “sell” rating to a “hold” rating in a research report on Sunday, February 22nd. Finally, Wolfe Research cut Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Six equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $51.00.

Exelon Stock Down 1.2%

NASDAQ:EXC opened at $47.02 on Friday. The stock has a market cap of $48.11 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 2.76 and a beta of 0.41. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The stock has a 50-day moving average price of $48.33 and a two-hundred day moving average price of $46.27. Exelon has a 1 year low of $41.71 and a 1 year high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same quarter in the previous year, the firm posted $0.64 EPS. Exelon’s revenue for the quarter was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts expect that Exelon will post 2.64 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, March 2nd. Exelon’s dividend payout ratio is 61.54%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Cidel Asset Management Inc. increased its stake in Exelon by 19.1% in the 1st quarter. Cidel Asset Management Inc. now owns 10,720 shares of the company’s stock valued at $525,000 after buying an additional 1,721 shares during the last quarter. AdvisorNet Financial Inc grew its holdings in shares of Exelon by 3.5% in the 1st quarter. AdvisorNet Financial Inc now owns 27,956 shares of the company’s stock valued at $1,370,000 after acquiring an additional 946 shares in the last quarter. SVB Wealth LLC increased its position in shares of Exelon by 11.1% in the first quarter. SVB Wealth LLC now owns 57,197 shares of the company’s stock valued at $2,804,000 after acquiring an additional 5,711 shares during the last quarter. Bell Investment Advisors Inc increased its position in shares of Exelon by 113.4% in the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after acquiring an additional 287 shares during the last quarter. Finally, Birch Financial Group LLC raised its holdings in Exelon by 16.4% during the first quarter. Birch Financial Group LLC now owns 8,312 shares of the company’s stock worth $407,000 after acquiring an additional 1,169 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

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.