93,540 Shares in Exelon Corporation $EXC Bought by Vise Technologies Inc.

Vise Technologies Inc. purchased a new stake in shares of Exelon Corporation (NASDAQ:EXC) in the 2nd quarter, HoldingsChannel reports. The firm purchased 93,540 shares of the company’s stock, valued at approximately $4,361,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Caxton Associates LLP purchased a new position in shares of Exelon in the first quarter worth about $286,000. Woodline Partners LP boosted its holdings in 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 acquiring an additional 24,580 shares during the period. Jump Financial LLC bought a new position in Exelon during the 2nd quarter worth approximately $2,448,000. Gamco Investors INC. ET AL bought a new position in Exelon during the 2nd quarter worth approximately $645,000. Finally, Treasurer of the State of North Carolina increased its stake in Exelon by 3.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 472,175 shares of the company’s stock worth $20,502,000 after purchasing an additional 14,240 shares during the period. 80.92% of the stock is owned by institutional investors.

Exelon Stock Down 0.5%

Shares of NASDAQ:EXC opened at $45.06 on Friday. Exelon Corporation has a 52-week low of $42.58 and a 52-week high of $50.65. The firm has a market capitalization of $46.51 billion, a P/E ratio of 16.51, a P/E/G ratio of 2.74 and a beta of 0.31. The stock has a 50 day moving average price of $46.30 and a 200-day moving average price of $46.71. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09.

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

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s payout ratio is currently 61.54%.

Analyst Ratings Changes

EXC has been the subject of a number of analyst reports. Weiss Ratings lowered Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Truist Financial decreased their target price on shares of Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. KeyCorp lowered their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Finally, TD Cowen dropped their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a research report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Exelon currently has a consensus rating of “Hold” and a consensus 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.