12,082 Shares in Exelon Corporation $EXC Acquired by Arvest Investments Inc.

Arvest Investments Inc. bought a new stake in Exelon Corporation (NASDAQ:EXCFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,082 shares of the company’s stock, valued at approximately $544,000.

Other large investors have also recently bought and sold shares of the company. Hager Investment Management Services LLC raised its holdings in shares of Exelon by 100.0% in the second quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock worth $29,000 after acquiring an additional 335 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Exelon during the 2nd quarter worth about $29,000. CoreFirst Bank & Trust acquired a new position in Exelon in the 2nd quarter valued at about $38,000. Investment Research & Advisory Group Inc. acquired a new position in Exelon in the 2nd quarter valued at about $39,000. Finally, Sound Income Strategies LLC lifted its holdings in Exelon by 213.7% in the 2nd quarter. Sound Income Strategies LLC now owns 1,189 shares of the company’s stock valued at $52,000 after purchasing an additional 810 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Evercore ISI assumed coverage on shares of Exelon in a report on Monday, October 6th. They set an “outperform” rating and a $57.00 price target for the company. UBS Group lowered their target price on shares of Exelon from $49.00 to $48.00 and set a “neutral” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. cut their price target on Exelon from $50.00 to $47.00 and set a “neutral” rating for the company in a report on Friday, December 12th. Morgan Stanley reissued an “underperform” rating and set a $52.00 price target on shares of Exelon in a research note on Thursday, November 20th. Finally, KeyCorp set a $39.00 price objective on Exelon in a research report on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $49.75.

Read Our Latest Report on EXC

Exelon Trading Down 1.4%

EXC stock opened at $43.66 on Monday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.66. The company has a market cap of $44.11 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 2.68 and a beta of 0.45. The business has a fifty day simple moving average of $45.88 and a 200-day simple moving average of $44.58. Exelon Corporation has a 52 week low of $36.55 and a 52 week high of $48.51.

Exelon (NASDAQ:EXCGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.17. The firm had revenue of $6.71 billion during the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a return on equity of 10.28% and a net margin of 11.60%.Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, equities research analysts expect that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 10th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s payout ratio is presently 57.35%.

Exelon Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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