13,149 Shares in Exelon Corporation $EXC Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. acquired a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,149 shares of the company’s stock, valued at approximately $592,000.

A number of other large investors have also recently bought and sold shares of EXC. Sowell Financial Services LLC boosted its stake in shares of Exelon by 1.1% in the 3rd quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock valued at $923,000 after purchasing an additional 215 shares in the last quarter. Manchester Capital Management LLC lifted its holdings in Exelon by 11.6% during the 2nd quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock valued at $94,000 after purchasing an additional 225 shares during the last quarter. Empirical Finance LLC boosted its position in Exelon by 0.7% in the second quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock valued at $1,512,000 after buying an additional 226 shares in the last quarter. Boyd Watterson Asset Management LLC OH grew its stake in Exelon by 4.8% during the second quarter. Boyd Watterson Asset Management LLC OH now owns 5,030 shares of the company’s stock worth $218,000 after buying an additional 229 shares during the last quarter. Finally, Focus Partners Wealth increased its holdings in shares of Exelon by 0.6% during the first quarter. Focus Partners Wealth now owns 39,831 shares of the company’s stock worth $1,836,000 after buying an additional 234 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Stock Up 0.6%

Shares of NASDAQ:EXC opened at $43.60 on Thursday. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.94 and a quick ratio of 0.85. The stock has a market cap of $44.05 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 2.54 and a beta of 0.46. The company has a 50 day moving average of $44.52 and a 200-day moving average of $44.67. Exelon Corporation has a one year low of $37.90 and a one year high of $48.51.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data 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. Exelon had a net margin of 11.60% and a return on equity of 10.28%. The firm had revenue of $6.71 billion for the quarter, compared to analysts’ expectations of $6.40 billion. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, sell-side analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, November 10th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s dividend payout ratio (DPR) is currently 57.35%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on EXC. Evercore ISI began coverage on Exelon in a report on Monday, October 6th. They issued an “outperform” rating and a $57.00 target price on the stock. KeyCorp set a $39.00 price objective on Exelon in a research note on Friday, December 12th. Jefferies Financial Group set a $57.00 target price on Exelon in a report on Wednesday, October 15th. Royal Bank Of Canada assumed coverage on Exelon in a report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 price target for the company. Finally, Morgan Stanley reiterated an “underperform” rating and set a $52.00 price target on shares of Exelon in a research report on Thursday, November 20th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $49.85.

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.