Exelon Corporation $EXC Position Boosted by D.A. Davidson & CO.

D.A. Davidson & CO. lifted its stake in shares of Exelon Corporation (NASDAQ:EXC) by 1.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,276 shares of the company’s stock after purchasing an additional 293 shares during the period. D.A. Davidson & CO.’s holdings in Exelon were worth $1,141,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Cullen Frost Bankers Inc. lifted its position in shares of Exelon by 75.0% during the second quarter. Cullen Frost Bankers Inc. now owns 1,216 shares of the company’s stock worth $53,000 after purchasing an additional 521 shares during the last quarter. DekaBank Deutsche Girozentrale lifted its position in shares of Exelon by 0.4% during the second quarter. DekaBank Deutsche Girozentrale now owns 272,620 shares of the company’s stock worth $11,662,000 after purchasing an additional 1,049 shares during the last quarter. Chicago Partners Investment Group LLC lifted its position in shares of Exelon by 1.7% during the second quarter. Chicago Partners Investment Group LLC now owns 22,681 shares of the company’s stock worth $986,000 after purchasing an additional 387 shares during the last quarter. Spirit of America Management Corp NY lifted its position in shares of Exelon by 11.0% during the second quarter. Spirit of America Management Corp NY now owns 20,200 shares of the company’s stock worth $877,000 after purchasing an additional 2,000 shares during the last quarter. Finally, MPS Loria Financial Planners LLC bought a new position in shares of Exelon during the second quarter worth about $423,000. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $48.07 on Tuesday. The firm’s 50 day moving average is $45.04 and its two-hundred day moving average is $44.53. Exelon Corporation has a 52 week low of $35.94 and a 52 week high of $48.51. The firm has a market capitalization of $48.55 billion, a P/E ratio of 18.28, a PEG ratio of 2.98 and a beta of 0.40. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66.

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

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EXC. Evercore ISI began coverage on shares of Exelon in a research report on Monday, October 6th. They set an “outperform” rating and a $57.00 price target on the stock. BTIG Research initiated coverage on shares of Exelon in a report on Tuesday, October 21st. They issued a “neutral” rating on the stock. TD Cowen initiated coverage on shares of Exelon in a report on Thursday, October 16th. They issued a “hold” rating and a $49.00 target price on the stock. UBS Group raised their target price on shares of Exelon from $48.00 to $50.00 and gave the stock a “neutral” rating in a report on Friday, October 10th. Finally, Jefferies Financial Group set a $57.00 target price on shares of Exelon in a report on Wednesday, October 15th. Seven research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus 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.