Exelon (NASDAQ:EXC) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

Exelon (NASDAQ:EXC) had its target price cut by investment analysts at JPMorgan Chase & Co. from $47.00 to $46.00 in a report released on Monday, Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 8.46% from the company’s current price.

Other analysts have also recently issued research reports about the company. Truist Financial cut their price objective on Exelon from $48.00 to $46.00 and set a “hold” rating on the stock in a research note on Friday. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a research note on Tuesday, October 6th. Morgan Stanley decreased their price objective on shares of Exelon from $53.00 to $50.00 and set an “equal weight” rating for the company in a report on Friday, September 18th. KeyCorp raised shares of Exelon from an “underweight” rating to a “sector weight” rating in a report on Monday, October 12th. Finally, Argus cut their price objective on Exelon from $52.00 to $49.00 and set a “buy” rating on the stock in a report on Tuesday, September 22nd. Four research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $48.40.

Exelon Price Performance

NASDAQ:EXC traded down $1.09 during mid-day trading on Monday, hitting $42.41. 5,949,113 shares of the company’s stock traded hands, compared to its average volume of 8,330,782. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The company has a market cap of $43.78 billion, a PE ratio of 15.53, a price-to-earnings-growth ratio of 2.38 and a beta of 0.30. The firm’s 50 day simple moving average is $42.99 and its 200 day simple moving average is $45.21. Exelon has a 1 year low of $39.73 and a 1 year high of $50.65.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The company had revenue of $5.97 billion for the quarter, compared to analysts’ expectations of $5.44 billion. Exelon had a return on equity of 9.81% and a net margin of 10.99%. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon will post 2.86 EPS for the current year.

Institutional Investors Weigh In On Exelon

Hedge funds have recently modified their holdings of the business. IFP Advisors Inc raised its stake in shares of Exelon by 21.3% in the third quarter. IFP Advisors Inc now owns 5,804 shares of the company’s stock valued at $234,000 after purchasing an additional 1,018 shares in the last quarter. Avail Investment Partners LLC boosted its stake in Exelon by 21.3% during the third quarter. Avail Investment Partners LLC now owns 10,087 shares of the company’s stock worth $408,000 after buying an additional 1,771 shares in the last quarter. Mosley Wealth Management boosted its stake in Exelon by 55.9% during the third quarter. Mosley Wealth Management now owns 812 shares of the company’s stock worth $34,000 after buying an additional 291 shares in the last quarter. Pension & Wealth Management Advisors Inc. boosted its stake in Exelon by 86.4% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 2,192 shares of the company’s stock worth $89,000 after buying an additional 1,016 shares in the last quarter. Finally, Howard Capital Management LLC increased its holdings in Exelon by 149.6% in the 3rd quarter. Howard Capital Management LLC now owns 173,727 shares of the company’s stock valued at $7,019,000 after buying an additional 104,125 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Company Profile

Exelon Corporation (NASDAQ:EXC) is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon’s utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.