MQS Management LLC Buys New Shares in Exelon Corporation $EXC

MQS Management LLC bought a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 20,567 shares of the company’s stock, valued at approximately $897,000. Exelon accounts for approximately 0.5% of MQS Management LLC’s portfolio, making the stock its 22nd largest holding.

Other institutional investors also recently modified their holdings of the company. LRI Investments LLC lifted its position in shares of Exelon by 210.8% during the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after acquiring an additional 392 shares during the period. Optima Capital LLC acquired a new position in shares of Exelon during the 4th quarter valued at $25,000. Beacon Financial Strategies CORP acquired a new position in shares of Exelon during the 4th quarter valued at $26,000. Leonteq Securities AG acquired a new position in shares of Exelon during the 4th quarter valued at $26,000. Finally, Root Financial Partners LLC acquired a new position in shares of Exelon during the 3rd quarter valued at $30,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on EXC shares. Citigroup started coverage on shares of Exelon in a research report on Thursday, March 26th. They set a “buy” rating and a $58.00 target price on the stock. Jefferies Financial Group downgraded shares of Exelon from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Barclays downgraded shares of Exelon from an “overweight” rating to an “equal weight” rating and lowered their price objective for the stock from $50.00 to $49.00 in a report on Friday, April 17th. KeyCorp lowered their price objective on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Finally, Scotiabank upped their price objective on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a report on Friday, February 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $50.33.

Exelon Stock Performance

Shares of EXC stock opened at $46.23 on Friday. The firm has a 50-day moving average of $47.14 and a 200-day moving average of $46.02. The company has a market cap of $47.30 billion, a P/E ratio of 16.93, a P/E/G ratio of 2.63 and a beta of 0.32. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. Exelon Corporation has a one year low of $42.11 and a one year high of $50.65.

Exelon (NASDAQ:EXC) last announced its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The company had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.92 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities research analysts forecast that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Thursday, June 4th will be issued a $0.42 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio is currently 61.54%.

Exelon Company 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.