RIA Advisory Group LLC Buys 12,144 Shares of Exelon Corporation $EXC

RIA Advisory Group LLC raised its stake in Exelon Corporation (NASDAQ:EXCFree Report) by 50.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 36,184 shares of the company’s stock after acquiring an additional 12,144 shares during the period. RIA Advisory Group LLC’s holdings in Exelon were worth $1,629,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allianz Asset Management GmbH raised its stake in shares of Exelon by 170.8% in the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after purchasing an additional 2,841,118 shares during the last quarter. ATLAS Infrastructure Partners UK Ltd. boosted its position in shares of Exelon by 3.6% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock valued at $260,685,000 after buying an additional 208,242 shares during the last quarter. Maryland State Retirement & Pension System boosted its position in shares of Exelon by 3.0% during the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock valued at $44,441,000 after buying an additional 28,443 shares during the last quarter. First Citizens Bank & Trust Co. bought a new stake in Exelon in the 3rd quarter worth about $10,875,000. Finally, Exchange Traded Concepts LLC increased its holdings in Exelon by 92.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock worth $2,418,000 after buying an additional 25,863 shares in the last quarter. 80.92% of the stock is currently owned by institutional investors.

Exelon Trading Down 1.6%

Shares of NASDAQ:EXC opened at $49.25 on Thursday. The stock has a 50 day moving average of $46.50 and a 200 day moving average of $45.55. The company has a market cap of $50.38 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 2.91 and a beta of 0.45. Exelon Corporation has a 12-month low of $41.71 and a 12-month high of $50.65. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66.

Exelon (NASDAQ:EXCGet Free Report) last released its earnings results on Thursday, February 12th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.04. Exelon had a net margin of 11.41% and a return on equity of 9.97%. During the same quarter in the previous year, the business posted $0.64 EPS. The business’s revenue for the quarter was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, equities research analysts expect that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Stockholders of record on Monday, March 2nd were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Monday, March 2nd. This is a positive change from Exelon’s previous quarterly dividend of $0.40. Exelon’s payout ratio is 61.54%.

Analyst Upgrades and Downgrades

Several research firms have issued reports on EXC. Barclays lowered their target price on shares of Exelon from $52.00 to $50.00 and set an “overweight” rating on the stock in a research note on Thursday, January 22nd. Scotiabank lifted their price target on shares of Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Friday, February 13th. Wells Fargo & Company boosted their price objective on shares of Exelon from $51.00 to $53.00 and gave the company an “overweight” rating in a report on Friday, February 13th. JPMorgan Chase & Co. increased their price objective on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Finally, Royal Bank Of Canada initiated coverage on shares of Exelon in a report on Wednesday, January 7th. They issued a “sector perform” rating and a $51.00 target price on the stock. Eight equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $50.93.

Get Our Latest Stock Analysis on EXC

Exelon Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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