Independent Financial Group LLC Makes New $562,000 Investment in Exelon Corporation $EXC

Independent Financial Group LLC acquired a new stake in shares of Exelon Corporation (NASDAQ:EXC) in the first quarter, HoldingsChannel.com reports. The firm acquired 11,473 shares of the company’s stock, valued at approximately $562,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ASR Vermogensbeheer N.V. raised its stake in shares of Exelon by 28.4% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after acquiring an additional 60,250 shares during the last quarter. B. Metzler seel. Sohn & Co. AG grew its position in Exelon by 26.9% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock worth $9,393,000 after acquiring an additional 45,723 shares during the last quarter. Asset Management One Co. Ltd. grew its position in Exelon by 19.2% during the 4th quarter. Asset Management One Co. Ltd. now owns 582,262 shares of the company’s stock worth $25,404,000 after acquiring an additional 93,682 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Exelon by 18.3% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 581,300 shares of the company’s stock valued at $25,339,000 after purchasing an additional 89,822 shares in the last quarter. Finally, Ledyard National Bank increased its holdings in Exelon by 616.8% during the 4th quarter. Ledyard National Bank now owns 43,926 shares of the company’s stock valued at $1,915,000 after purchasing an additional 37,798 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on EXC shares. Royal Bank Of Canada reduced their price objective on Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Monday, April 20th. Truist Financial raised their target price on Exelon from $49.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, July 16th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, July 9th. Morgan Stanley reduced their price target on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 21st. Finally, Barclays lowered shares of Exelon from an “overweight” rating to an “equal weight” rating and decreased their price objective for the stock from $50.00 to $49.00 in a report on Friday, April 17th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $50.33.

Exelon Stock Performance

EXC stock opened at $46.70 on Thursday. The company has a 50 day moving average price of $46.02 and a 200 day moving average price of $46.45. Exelon Corporation has a fifty-two week low of $42.58 and a fifty-two week high of $50.65. 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 has a market capitalization of $47.78 billion, a PE ratio of 17.11, a price-to-earnings-growth ratio of 2.66 and a beta of 0.31.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 EPS for the quarter, beating analysts’ consensus estimates of $0.88 by $0.03. The firm had revenue of $7.24 billion for the quarter, compared to analyst estimates of $6.93 billion. Exelon had a return on equity of 9.83% and a net margin of 11.21%.The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company earned $0.92 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Announces Dividend

The company 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. The ex-dividend date was Thursday, June 4th. This represents a $1.68 annualized dividend and a yield of 3.6%. Exelon’s dividend payout ratio (DPR) 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.