Exelon (NASDAQ:EXC) Reaches New 12-Month High – What’s Next?

Exelon Corporation (NASDAQ:EXC)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $49.53 and last traded at $49.6110, with a volume of 1486645 shares. The stock had previously closed at $48.80.

Wall Street Analyst Weigh In

Several research firms recently weighed in on EXC. Mizuho raised their target price on shares of Exelon from $47.00 to $51.00 and gave the company an “outperform” rating in a research note on Friday, February 13th. Wall Street Zen upgraded shares of Exelon from a “sell” rating to a “hold” rating in a research note on Sunday, February 22nd. Jefferies Financial Group lowered their price objective on shares of Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Scotiabank upped their target price on shares of Exelon from $46.00 to $47.00 and gave the company a “sector perform” rating in a report on Friday, February 13th. Finally, Royal Bank Of Canada began coverage on shares of Exelon in a research note on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 target price for the company. Eight equities 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. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $50.14.

Exelon Price Performance

The stock has a market capitalization of $50.60 billion, a price-to-earnings ratio of 18.12, a P/E/G ratio of 2.89 and a beta of 0.45. The company’s 50-day simple moving average is $45.02 and its 200-day simple moving average is $45.11. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.92 and a quick ratio of 0.84.

Exelon (NASDAQ:EXC) last announced 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 return on equity of 9.97% and a net margin of 11.41%.The business’s quarterly revenue was down 1.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Research analysts forecast that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Increases Dividend

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

Hedge Funds Weigh In On Exelon

Hedge funds have recently bought and sold shares of the business. Caxton Associates LLP acquired a new position in shares of Exelon during the 1st quarter worth approximately $286,000. Woodline Partners LP boosted its stake in shares of Exelon by 40.7% in the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock valued at $3,913,000 after buying an additional 24,580 shares during the period. Brighton Jones LLC boosted its stake in shares of Exelon by 14.2% in the second quarter. Brighton Jones LLC now owns 5,607 shares of the company’s stock valued at $243,000 after buying an additional 697 shares during the period. Envestnet Asset Management Inc. grew its position in Exelon by 8.4% during the second quarter. Envestnet Asset Management Inc. now owns 488,469 shares of the company’s stock worth $21,209,000 after buying an additional 37,945 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC bought a new position in Exelon during the 2nd quarter worth $452,000. 80.92% of the stock is owned by institutional investors.

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.