PTM Wealth Management LLC Takes $664,000 Position in Exelon Corporation $EXC

PTM Wealth Management LLC bought a new position in Exelon Corporation (NASDAQ:EXC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,977 shares of the company’s stock, valued at approximately $664,000. Exelon makes up about 0.3% of PTM Wealth Management LLC’s holdings, making the stock its 17th largest holding.

Several other hedge funds and other institutional investors have also modified their holdings of EXC. Bell Investment Advisors Inc grew its position in Exelon by 113.4% in the first quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock valued at $26,000 after acquiring an additional 287 shares during the period. Axiom Investment Management LLC bought a new position in shares of Exelon during the first quarter valued at $27,000. Eastern Bank bought a new position in shares of Exelon during the second quarter valued at $26,000. Motiv8 Investments LLC acquired a new stake in shares of Exelon in the 4th quarter valued at $25,000. Finally, SHP Wealth Management acquired a new stake in shares of Exelon in the 4th quarter valued at $26,000. Institutional investors own 80.92% of the company’s stock.

Exelon Stock Performance

Exelon stock opened at $45.86 on Friday. The stock has a 50-day simple moving average of $46.30 and a 200 day simple moving average of $46.67. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65. The stock has a market capitalization of $47.34 billion, a price-to-earnings ratio of 16.80, a P/E/G ratio of 2.77 and a beta of 0.31.

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

Exelon Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.7%. Exelon’s dividend payout ratio is currently 61.54%.

Wall Street Analyst Weigh In

EXC has been the subject of a number of recent analyst reports. KeyCorp dropped their target price on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Morgan Stanley reduced their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. TD Cowen decreased their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Royal Bank Of Canada dropped their price objective on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. Finally, Truist Financial cut their target price on shares of Exelon from $50.00 to $48.00 and set a “hold” rating for the company in a research note on Thursday. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Exelon presently has an average rating of “Hold” and an average target price of $50.20.

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.