WBH Advisory Inc. Decreases Holdings in Exelon Corporation $EXC

WBH Advisory Inc. decreased its position in Exelon Corporation (NASDAQ:EXC) by 24.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 7,775 shares of the company’s stock after selling 2,495 shares during the period. WBH Advisory Inc.’s holdings in Exelon were worth $338,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Hager Investment Management Services LLC grew its holdings in shares of Exelon by 100.0% in the second quarter. Hager Investment Management Services LLC now owns 670 shares of the company’s stock worth $29,000 after purchasing an additional 335 shares during the last quarter. Hazlett Burt & Watson Inc. grew its holdings in shares of Exelon by 46.4% in the first quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company’s stock worth $32,000 after purchasing an additional 220 shares during the last quarter. ANTIPODES PARTNERS Ltd bought a new position in shares of Exelon in the first quarter worth approximately $34,000. Investment Research & Advisory Group Inc. bought a new position in shares of Exelon in the second quarter worth approximately $39,000. Finally, MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Exelon in the first quarter worth approximately $42,000. Institutional investors own 80.92% of the company’s stock.

Wall Street Analyst Weigh In

EXC has been the topic of several recent analyst reports. KeyCorp raised their target price on shares of Exelon from $37.00 to $42.00 and gave the stock an “underweight” rating in a report on Wednesday, October 15th. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a report on Wednesday, October 8th. UBS Group lifted their price target on shares of Exelon from $48.00 to $50.00 and gave the company a “neutral” rating in a report on Friday, October 10th. Jefferies Financial Group set a $57.00 price target on shares of Exelon in a report on Wednesday, October 15th. Finally, Evercore ISI assumed coverage on shares of Exelon in a report on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target on the stock. Six analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Exelon has a consensus rating of “Hold” and an average price target of $50.00.

Exelon Stock Performance

Shares of EXC stock opened at $48.24 on Tuesday. Exelon Corporation has a 12 month low of $35.94 and a 12 month high of $48.29. The stock has a market cap of $48.72 billion, a PE ratio of 18.34, a price-to-earnings-growth ratio of 2.96 and a beta of 0.40. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. The company’s fifty day moving average price is $44.70 and its 200-day moving average price is $44.40.

Exelon (NASDAQ:EXC) last announced its earnings results on Thursday, July 31st. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.37 by $0.02. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The firm had revenue of $5.43 billion for the quarter, compared to analysts’ expectations of $5.47 billion. During the same quarter in the previous year, the business posted $0.47 EPS. The company’s quarterly revenue was up 1.2% on a year-over-year basis. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. On average, equities analysts expect that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 11th were issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, August 11th. Exelon’s payout ratio is 60.84%.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.