26,523 Shares in Exelon Corporation $EXC Purchased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC purchased a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 26,523 shares of the company’s stock, valued at approximately $1,237,000.

Other large investors have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC bought a new stake in shares of Exelon in the 4th quarter worth approximately $25,000. Leonteq Securities AG bought a new stake in shares of Exelon during the fourth quarter valued at approximately $26,000. Bell Investment Advisors Inc increased its position in shares of Exelon by 113.4% during 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. SHP Wealth Management acquired a new position in shares of Exelon in the fourth quarter valued at $26,000. Finally, Eastern Bank acquired a new position in shares of Exelon in the second quarter valued at $26,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. KeyCorp reduced their target price on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Morgan Stanley lowered their price target on shares of Exelon from $55.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. TD Cowen reduced their price objective on shares of Exelon from $51.00 to $49.00 and set a “hold” rating for the company in a report on Friday, May 15th. Weiss Ratings downgraded shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Finally, 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 report on Thursday, August 13th. Four analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Exelon has a consensus rating of “Hold” and an average price target of $50.07.

Exelon Stock Down 0.1%

EXC opened at $43.93 on Friday. The firm has a market cap of $45.35 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 2.66 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 firm’s 50-day simple moving average is $46.08 and its 200-day simple moving average is $46.69. Exelon Corporation has a twelve month low of $42.58 and a twelve month high of $50.65.

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

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 4th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s payout ratio is presently 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.