Regal Partners Ltd Makes New Investment in Exelon Corporation $EXC

Regal Partners Ltd acquired a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 15,000 shares of the company’s stock, valued at approximately $735,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in EXC. Caxton Associates LLP bought a new position in Exelon in the first quarter worth $286,000. Woodline Partners LP boosted its holdings in shares of Exelon by 40.7% during the 1st 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 in the last quarter. Jump Financial LLC purchased a new stake in shares of Exelon in the 2nd quarter worth about $2,448,000. Gamco Investors INC. ET AL purchased a new position in Exelon during the 2nd quarter valued at about $645,000. Finally, Treasurer of the State of North Carolina lifted its position in Exelon by 3.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock valued at $20,502,000 after acquiring an additional 14,240 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Shares of NASDAQ EXC opened at $47.31 on Wednesday. The firm has a market cap of $48.41 billion, a P/E ratio of 17.33, a PEG ratio of 2.85 and a beta of 0.31. Exelon Corporation has a twelve month low of $42.58 and a twelve month high of $50.65. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The company has a 50 day moving average of $46.28 and a 200 day moving average of $46.55.

Exelon (NASDAQ:EXC) last issued its earnings results on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating the consensus estimate of $0.88 by $0.03. The business had revenue of $7.24 billion for the quarter, compared to the consensus estimate of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The company’s revenue was up 7.9% compared to the same quarter last year. During the same period last year, the business posted $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, research analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 annualized dividend and a dividend yield of 3.6%. Exelon’s dividend payout ratio (DPR) is 61.54%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the stock. BMO Capital Markets reaffirmed a “market perform” rating and set a $49.00 target price (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Royal Bank Of Canada reduced their price objective on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a research report on Monday, April 20th. Morgan Stanley dropped their target price on Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 21st. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, July 9th. Finally, KeyCorp dropped their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research note on Wednesday, May 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 stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $50.33.

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.