Exelon Corporation (NASDAQ:EXC) Given Average Rating of “Hold” by Analysts

Exelon Corporation (NASDAQ:EXC) has been assigned an average recommendation of “Hold” from the nineteen ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $50.4375.

Several equities research analysts have issued reports on EXC shares. Scotiabank raised their price target on Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Friday, February 13th. Royal Bank Of Canada cut their price target on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday. KeyCorp cut their price target on Exelon from $44.00 to $43.00 and set an “underweight” rating for the company in a report on Tuesday. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and cut their price target for the company from $55.00 to $50.00 in a report on Monday. Finally, Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd.

Institutional Investors Weigh In On Exelon

Hedge funds have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH grew its position in Exelon by 170.8% in the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock valued at $202,742,000 after acquiring an additional 2,841,118 shares during the last quarter. Maryland State Retirement & Pension System grew its position in Exelon by 3.0% in the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock valued at $44,441,000 after acquiring an additional 28,443 shares during the last quarter. First Citizens Bank & Trust Co. bought a new position in Exelon in the third quarter valued at about $10,875,000. Nordea Investment Management AB boosted its stake in shares of Exelon by 14.6% during the fourth quarter. Nordea Investment Management AB now owns 8,048,355 shares of the company’s stock valued at $352,397,000 after purchasing an additional 1,024,106 shares in the last quarter. Finally, Exchange Traded Concepts LLC boosted its stake in shares of Exelon by 92.9% during the third quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock valued at $2,418,000 after purchasing an additional 25,863 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Trading Up 0.4%

NASDAQ EXC opened at $46.92 on Friday. The company has a market cap of $48.01 billion, a PE ratio of 17.19, a PEG ratio of 2.71 and a beta of 0.41. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. Exelon has a 12 month low of $41.71 and a 12 month high of $50.65. The stock has a 50 day moving average of $48.39 and a 200-day moving average of $46.32.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same period in the prior year, the firm posted $0.64 earnings per share. The company’s revenue was down 1.1% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities research analysts anticipate that Exelon will post 2.86 EPS for the current fiscal year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.42 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $1.68 annualized dividend and a yield of 3.6%. This is a positive change from Exelon’s previous quarterly dividend of $0.40. Exelon’s payout ratio is 61.54%.

About Exelon

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.