Brokerages Set Exelon Corporation (NASDAQ:EXC) Target Price at $50.27

Shares of Exelon Corporation (NASDAQ:EXC) have received a consensus rating of “Hold” from the eighteen brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $50.2667.

Several equities analysts recently issued reports on EXC shares. Royal Bank Of Canada cut their price objective on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a report on Monday, April 20th. Mizuho set a $48.00 target price on Exelon and gave the stock a “neutral” rating in a report on Friday, April 17th. Morgan Stanley dropped their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Wells Fargo & Company set a $50.00 price target on Exelon in a report on Tuesday, April 21st. Finally, Jefferies Financial Group lowered Exelon from a “buy” rating to a “hold” rating and reduced their price target for the stock from $55.00 to $50.00 in a research report on Monday, April 20th.

Institutional Trading of Exelon

Several hedge funds have recently modified their holdings of EXC. Nordea Investment Management AB increased its holdings in shares of Exelon by 14.6% during the fourth quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock valued at $352,397,000 after acquiring an additional 1,024,106 shares in the last quarter. ASR Vermogensbeheer N.V. boosted its stake in Exelon by 28.4% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock worth $11,867,000 after purchasing an additional 60,250 shares in the last quarter. B. Metzler seel. Sohn & Co. AG grew its position in Exelon by 26.9% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after purchasing an additional 45,723 shares during the last quarter. Asset Management One Co. Ltd. lifted its stake in shares of Exelon by 19.2% during the fourth quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after buying an additional 93,682 shares during the period. Finally, Prudential PLC grew its holdings in shares of Exelon by 14.2% during the third quarter. Prudential PLC now owns 500,289 shares of the company’s stock valued at $22,518,000 after buying an additional 62,153 shares during the last quarter. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Stock Down 2.5%

NASDAQ:EXC opened at $45.74 on Thursday. 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 has a 1-year low of $42.47 and a 1-year high of $50.65. The company has a 50-day moving average of $45.82 and a 200 day moving average of $46.35. The firm has a market cap of $46.80 billion, a PE ratio of 16.75, a price-to-earnings-growth ratio of 2.72 and a beta of 0.31.

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

Exelon Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Thursday, June 4th were paid a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date was Thursday, June 4th. Exelon’s payout ratio is 61.54%.

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.