Jefferies Financial Group Inc. Acquires New Shares in Exelon Corporation $EXC

Jefferies Financial Group Inc. acquired a new position in Exelon Corporation (NASDAQ:EXC) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 88,954 shares of the company’s stock, valued at approximately $4,147,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Exelon in the 2nd quarter valued at about $5,583,709,000. State Street Corp increased its position in shares of Exelon by 4.0% during the fourth quarter. State Street Corp now owns 66,623,103 shares of the company’s stock valued at $2,904,101,000 after acquiring an additional 2,550,786 shares during the last quarter. Lazard Asset Management LLC raised its stake in shares of Exelon by 6.4% in the 1st quarter. Lazard Asset Management LLC now owns 24,620,304 shares of the company’s stock valued at $1,206,887,000 after acquiring an additional 1,490,251 shares during the period. Deutsche Bank AG lifted its holdings in shares of Exelon by 2.9% in the 4th quarter. Deutsche Bank AG now owns 20,964,736 shares of the company’s stock worth $913,853,000 after acquiring an additional 595,655 shares during the last quarter. Finally, GQG Partners LLC acquired a new position in shares of Exelon in the 2nd quarter worth approximately $922,917,000. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Stock Down 0.1%

Exelon stock opened at $43.93 on Friday. The firm has a market capitalization of $45.35 billion, a P/E ratio of 16.09, a P/E/G ratio of 2.66 and a beta of 0.31. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. Exelon Corporation has a twelve month low of $42.58 and a twelve month high of $50.65. The stock’s fifty day simple moving average is $46.08 and its 200-day simple moving average is $46.69.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%.The company had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the previous year, the firm earned $0.39 earnings per share. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities analysts expect that Exelon Corporation will post 2.86 earnings per share for the current fiscal year.

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio is presently 61.54%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on EXC shares. Truist Financial cut their target price on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Morgan Stanley decreased their target price on Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, August 21st. TD Cowen lowered their target price on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Finally, KeyCorp dropped their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Four equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $50.07.

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.