Stephens Inc. AR Sells 305 Shares of Exelon Corporation $EXC

Stephens Inc. AR cut its stake in shares of Exelon Corporation (NASDAQ:EXC) by 3.7% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,933 shares of the company’s stock after selling 305 shares during the quarter. Stephens Inc. AR’s holdings in Exelon were worth $344,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Exelon by 0.5% during the first quarter. Vanguard Group Inc. now owns 127,917,037 shares of the company’s stock valued at $5,894,417,000 after acquiring an additional 581,686 shares during the period. Deutsche Bank AG lifted its holdings in shares of Exelon by 11.6% during the first quarter. Deutsche Bank AG now owns 19,077,520 shares of the company’s stock valued at $879,092,000 after acquiring an additional 1,988,212 shares during the period. Massachusetts Financial Services Co. MA lifted its holdings in shares of Exelon by 0.7% during the first quarter. Massachusetts Financial Services Co. MA now owns 15,837,173 shares of the company’s stock valued at $729,777,000 after acquiring an additional 106,917 shares during the period. Invesco Ltd. lifted its holdings in shares of Exelon by 0.6% during the first quarter. Invesco Ltd. now owns 13,802,263 shares of the company’s stock valued at $636,008,000 after acquiring an additional 83,518 shares during the period. Finally, Northern Trust Corp lifted its holdings in shares of Exelon by 11.8% during the first quarter. Northern Trust Corp now owns 12,531,900 shares of the company’s stock valued at $577,470,000 after acquiring an additional 1,319,637 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Price Performance

Shares of EXC stock opened at $48.03 on Monday. The stock has a 50-day moving average price of $44.96 and a 200 day moving average price of $44.50. The company has a quick ratio of 0.85, a current ratio of 0.95 and a debt-to-equity ratio of 1.66. The firm has a market cap of $48.51 billion, a price-to-earnings ratio of 18.26, a PEG ratio of 2.98 and a beta of 0.40. Exelon Corporation has a 12 month low of $35.94 and a 12 month high of $48.51.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.02. The firm had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.47 billion. Exelon had a return on equity of 9.85% and a net margin of 11.16%.The company’s revenue was up 1.2% on a year-over-year basis. During the same period last year, the company earned $0.47 earnings per share. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Research analysts expect that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, August 11th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Monday, August 11th. Exelon’s dividend payout ratio (DPR) is presently 60.84%.

Analyst Upgrades and Downgrades

EXC has been the subject of a number of analyst reports. Evercore ISI initiated coverage on Exelon in a report on Monday, October 6th. They set an “outperform” rating and a $57.00 price objective for the company. KeyCorp upped their price target on shares of Exelon from $37.00 to $42.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 15th. BTIG Research began coverage on shares of Exelon in a report on Tuesday, October 21st. They set a “neutral” rating on the stock. Morgan Stanley increased their price objective on shares of Exelon from $49.00 to $53.00 and gave the stock an “equal weight” rating in a report on Wednesday. Finally, TD Cowen began coverage on shares of Exelon in a report on Thursday, October 16th. They set a “hold” rating and a $49.00 price objective on the stock. Six investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $50.36.

About Exelon

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.