300,372 Shares in Exelon Corporation $EXC Bought by Jupiter Topco LLC

Jupiter Topco LLC acquired a new position in Exelon Corporation (NASDAQ:EXC) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 300,372 shares of the company’s stock, valued at approximately $14,001,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Caxton Associates LLP purchased a new position in shares of Exelon in the 1st quarter valued at about $286,000. Woodline Partners LP boosted its holdings in Exelon by 40.7% during the first quarter. Woodline Partners LP now owns 84,925 shares of the company’s stock worth $3,913,000 after buying an additional 24,580 shares in the last quarter. Jump Financial LLC acquired a new position in Exelon during the second quarter worth about $2,448,000. Gamco Investors INC. ET AL acquired a new position in Exelon during the second quarter worth about $645,000. Finally, Treasurer of the State of North Carolina increased its holdings in Exelon by 3.1% in the second quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after buying an additional 14,240 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. TD Cowen dropped their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research note on Friday, May 15th. Morgan Stanley dropped their price objective on Exelon from $55.00 to $53.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. KeyCorp decreased their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. Finally, Truist Financial lowered their target price on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a report on Thursday, August 13th. Four research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Exelon currently has an average rating of “Hold” and an average price target of $50.07.

Exelon Stock Performance

Shares of EXC opened at $43.93 on Friday. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65. The stock has a market cap of $45.35 billion, a P/E ratio of 16.09, a PEG ratio of 2.66 and a beta of 0.31. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a 50-day moving average of $46.08 and a two-hundred day moving average of $46.69.

Exelon (NASDAQ:EXC) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The business had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the prior year, the company earned $0.39 earnings per share. The firm’s revenue for the quarter was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts predict that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Friday, September 4th. Exelon’s dividend payout ratio is 61.54%.

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.