Exelon (NASDAQ:EXC) Hits New 1-Year High – Here’s Why

Exelon Corporation (NASDAQ:EXC) shares hit a new 52-week high on Friday . The company traded as high as $49.53 and last traded at $49.6110, with a volume of 1486645 shares changing hands. The stock had previously closed at $48.80.

Analyst Ratings Changes

EXC has been the subject of several research reports. Morgan Stanley reissued an “underperform” rating and set a $51.00 price objective on shares of Exelon in a research report on Wednesday, January 21st. Weiss Ratings reiterated a “buy (b)” rating on shares of Exelon in a report on Friday, October 31st. Wells Fargo & Company lifted their price target on Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Wolfe Research lowered Exelon from an “outperform” rating to a “peer perform” rating in a report on Tuesday, January 27th. Finally, Jefferies Financial Group reduced their price objective on Exelon from $57.00 to $55.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Eight research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $50.14.

Exelon Price Performance

The stock has a market capitalization of $50.87 billion, a P/E ratio of 18.23, a price-to-earnings-growth ratio of 2.84 and a beta of 0.45. 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’s 50-day simple moving average is $44.91 and its 200-day simple moving average is $45.07.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share 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%. The firm’s revenue for the quarter was down 1.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.64 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, sell-side analysts expect that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Increases Dividend

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

Institutional Trading of Exelon

Hedge funds and other institutional investors have recently modified their holdings of the stock. Sowell Financial Services LLC grew its stake in Exelon by 1.1% during the third quarter. Sowell Financial Services LLC now owns 20,499 shares of the company’s stock worth $923,000 after buying an additional 215 shares in the last quarter. Manchester Capital Management LLC increased its stake in Exelon by 11.6% in the second quarter. Manchester Capital Management LLC now owns 2,164 shares of the company’s stock valued at $94,000 after acquiring an additional 225 shares during the last quarter. Empirical Finance LLC raised its position in Exelon by 0.7% during the second quarter. Empirical Finance LLC now owns 34,812 shares of the company’s stock valued at $1,512,000 after purchasing an additional 226 shares in the last quarter. Plimoth Trust Co. LLC lifted its stake in Exelon by 1.8% during the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after purchasing an additional 230 shares during the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in shares of Exelon by 2.8% in the 4th quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock valued at $376,000 after purchasing an additional 233 shares in the last quarter. Institutional investors own 80.92% of the company’s stock.

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.