Fideuram Intesa Sanpaolo Private Banking S.P.A. Boosts Stock Position in Exelon Corporation $EXC

Fideuram Intesa Sanpaolo Private Banking S.P.A. raised its holdings in Exelon Corporation (NASDAQ:EXC) by 18.9% during the 1st quarter, HoldingsChannel.com reports. The fund owned 73,153 shares of the company’s stock after buying an additional 11,610 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Exelon were worth $3,586,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of EXC. Plimoth Trust Co. LLC increased its position in shares of Exelon by 1.8% during the fourth quarter. Plimoth Trust Co. LLC now owns 13,055 shares of the company’s stock worth $569,000 after acquiring an additional 230 shares during the period. Verdence Capital Advisors LLC boosted its holdings in Exelon by 2.8% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock valued at $376,000 after purchasing an additional 233 shares during the period. Seeds Investor LLC grew its stake in Exelon by 2.6% during the 4th quarter. Seeds Investor LLC now owns 9,536 shares of the company’s stock worth $416,000 after purchasing an additional 241 shares in the last quarter. HighPoint Advisor Group LLC grew its stake in Exelon by 0.3% during the 4th quarter. HighPoint Advisor Group LLC now owns 82,907 shares of the company’s stock worth $3,614,000 after purchasing an additional 242 shares in the last quarter. Finally, Drive Wealth Management LLC increased its holdings in Exelon by 5.2% during the 4th quarter. Drive Wealth Management LLC now owns 4,944 shares of the company’s stock worth $216,000 after purchasing an additional 244 shares during the period. Hedge funds and other institutional investors own 80.92% of the company’s stock.

Exelon Price Performance

Exelon stock opened at $47.88 on Friday. The stock has a market cap of $48.99 billion, a PE ratio of 17.54, a P/E/G ratio of 2.77 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The stock’s fifty day moving average is $45.76 and its two-hundred day moving average is $46.17. Exelon Corporation has a 1-year low of $42.47 and a 1-year high of $50.65.

Exelon (NASDAQ:EXC) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. During the same period in the prior year, the firm posted $0.92 EPS. The business’s quarterly revenue was up 7.9% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, sell-side analysts expect that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Thursday, June 4th were issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Thursday, June 4th. Exelon’s dividend payout ratio is 61.54%.

Wall Street Analysts Forecast Growth

EXC has been the topic of a number of analyst reports. KeyCorp reduced their price target on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Wednesday, May 13th. TD Cowen cut their target price 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. Mizuho set a $48.00 target price on shares of Exelon and gave the stock a “neutral” rating in a research note on Friday, April 17th. JPMorgan Chase & Co. raised their target price on shares of Exelon from $48.00 to $53.00 and gave the company a “neutral” rating in a report on Thursday, March 12th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $49.00 price target (down from $52.00) on shares of Exelon in a research note on Friday, April 17th. Four 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. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $50.27.

Exelon 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.