one8zero8 LLC Takes Position in Exelon Corporation $EXC

one8zero8 LLC acquired a new stake in Exelon Corporation (NASDAQ:EXC) in the second quarter, HoldingsChannel.com reports. The fund acquired 20,156 shares of the company’s stock, valued at approximately $940,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bell Investment Advisors Inc raised 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 purchasing an additional 287 shares during the period. Axiom Investment Management LLC purchased a new position in shares of Exelon during the 1st quarter worth $27,000. Eastern Bank acquired a new stake in shares of Exelon during the 2nd quarter worth about $26,000. Motiv8 Investments LLC acquired a new stake in shares of Exelon during the 4th quarter worth about $25,000. Finally, SHP Wealth Management purchased a new stake in Exelon in the 4th quarter valued at about $26,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

EXC has been the topic of several recent analyst reports. Weiss Ratings lowered shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. 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 report on Wednesday, May 13th. Truist Financial cut their target price on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Finally, TD Cowen decreased their price target on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $50.20.

Exelon Trading Down 0.0%

NASDAQ:EXC opened at $45.30 on Thursday. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65. The stock has a market cap of $46.76 billion, a P/E ratio of 16.59, a P/E/G ratio of 2.74 and a beta of 0.31. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. The stock has a 50-day simple moving average of $46.31 and a 200-day simple moving average of $46.70.

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

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid 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%.

About Exelon

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.