Exelon (NASDAQ:EXC) Price Target Lowered to $55.00 at Morgan Stanley

Exelon (NASDAQ:EXC) had its price target cut by Morgan Stanley from $56.00 to $55.00 in a research note released on Tuesday morning, MarketBeat reports. They currently have an equal weight rating on the stock.

Other research analysts also recently issued research reports about the stock. BMO Capital Markets restated a “market perform” rating and set a $49.00 price objective (down from $52.00) on shares of Exelon in a report on Friday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Exelon in a research note on Friday. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a research note on Friday. Finally, Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Five investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $50.44.

Exelon Stock Down 0.3%

Shares of Exelon stock opened at $46.27 on Tuesday. Exelon has a 12-month low of $41.71 and a 12-month high of $50.65. The company has a quick ratio of 0.84, a current ratio of 0.92 and a debt-to-equity ratio of 1.66. The stock has a 50 day moving average price of $48.41 and a two-hundred day moving average price of $46.31. The stock has a market capitalization of $47.34 billion, a P/E ratio of 16.95, a PEG ratio of 2.69 and a beta of 0.41.

Exelon (NASDAQ:EXC) last released its earnings results on Thursday, February 12th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.64 earnings per share. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts expect that Exelon will post 2.86 earnings per share for the current year.

Exelon Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were given a dividend of $0.42 per share. This is an increase from Exelon’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, March 2nd. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is presently 61.54%.

Institutional Trading of Exelon

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EXC. Optima Capital LLC bought a new stake in shares of Exelon in the 4th quarter valued at approximately $25,000. Motiv8 Investments LLC bought a new position in shares of Exelon during the 4th quarter worth approximately $25,000. LRI Investments LLC boosted its stake in Exelon by 210.8% in the 3rd quarter. LRI Investments LLC now owns 578 shares of the company’s stock valued at $26,000 after buying an additional 392 shares in the last quarter. Beacon Financial Strategies CORP acquired a new stake in Exelon in the 4th quarter valued at $26,000. Finally, Leonteq Securities AG bought a new stake in Exelon in the fourth quarter valued at $26,000. Institutional investors own 80.92% of the company’s stock.

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.