AlphaCore Capital LLC Purchases 10,906 Shares of Exelon Corporation $EXC

AlphaCore Capital LLC grew its position in Exelon Corporation (NASDAQ:EXC) by 491.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,127 shares of the company’s stock after purchasing an additional 10,906 shares during the quarter. AlphaCore Capital LLC’s holdings in Exelon were worth $591,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in EXC. Intech Investment Management LLC grew its holdings in Exelon by 60.5% in the 3rd quarter. Intech Investment Management LLC now owns 98,426 shares of the company’s stock valued at $4,430,000 after buying an additional 37,092 shares in the last quarter. MAI Capital Management lifted its holdings in shares of Exelon by 4.6% during the third quarter. MAI Capital Management now owns 40,362 shares of the company’s stock worth $1,817,000 after buying an additional 1,785 shares in the last quarter. TD Asset Management Inc boosted its position in shares of Exelon by 17.8% in the third quarter. TD Asset Management Inc now owns 1,319,053 shares of the company’s stock valued at $59,371,000 after acquiring an additional 199,656 shares during the period. Magellan Asset Management Ltd grew its stake in shares of Exelon by 10.0% in the third quarter. Magellan Asset Management Ltd now owns 835,097 shares of the company’s stock valued at $37,588,000 after acquiring an additional 75,960 shares in the last quarter. Finally, First Heartland Consultants Inc. grew its stake in shares of Exelon by 10.5% in the third quarter. First Heartland Consultants Inc. now owns 8,822 shares of the company’s stock valued at $397,000 after acquiring an additional 839 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of NASDAQ:EXC opened at $49.47 on Friday. Exelon Corporation has a one year low of $41.71 and a one year high of $49.88. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84. The company has a market cap of $50.60 billion, a price-to-earnings ratio of 18.12, a PEG ratio of 2.85 and a beta of 0.45. The firm has a 50 day simple moving average of $45.02 and a 200 day simple moving average of $45.10.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same quarter in the prior year, the firm earned $0.64 earnings per share. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts predict that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be given a $0.42 dividend. This is a boost from Exelon’s previous quarterly dividend of $0.40. This represents a $1.68 annualized dividend and a yield of 3.4%. The ex-dividend date is Monday, March 2nd. Exelon’s dividend payout ratio is 58.61%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on EXC. UBS Group lifted their price objective on shares of Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research note on Friday, February 20th. BMO Capital Markets lifted their price target on shares of Exelon from $49.00 to $51.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. 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 research note on Friday, December 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Exelon in a research report on Friday, October 31st. Finally, Morgan Stanley reaffirmed an “underperform” rating and issued a $51.00 price objective on shares of Exelon in a report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $50.14.

Exelon 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.