NewEdge Wealth LLC Has $248,000 Position in Exelon Corporation $EXC

NewEdge Wealth LLC lessened its holdings in Exelon Corporation (NASDAQ:EXC) by 78.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 5,064 shares of the company’s stock after selling 18,804 shares during the period. NewEdge Wealth LLC’s holdings in Exelon were worth $248,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in EXC. Optima Capital LLC bought a new position in shares of Exelon during the 4th quarter worth about $25,000. Motiv8 Investments LLC bought a new stake in Exelon in the fourth quarter valued at about $25,000. Leonteq Securities AG bought a new stake in Exelon in the fourth quarter valued at about $26,000. 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 worth $26,000 after purchasing an additional 287 shares in the last quarter. Finally, SHP Wealth Management acquired a new position in Exelon in the fourth quarter worth about $26,000. Institutional investors and hedge funds own 80.92% of the company’s stock.

Exelon Price Performance

NASDAQ:EXC opened at $45.58 on Friday. The company has a quick ratio of 0.85, a current ratio of 0.94 and a debt-to-equity ratio of 1.65. The firm has a market cap of $46.64 billion, a PE ratio of 16.70, a price-to-earnings-growth ratio of 2.85 and a beta of 0.31. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65. The company’s 50-day moving average price is $46.32 and its two-hundred day moving average price is $46.59.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a return on equity of 9.83% and a net margin of 11.21%.The firm had revenue of $5.97 billion for the quarter, compared to analyst estimates of $5.44 billion. During the same period in the previous year, the business posted $0.39 EPS. The business’s quarterly revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. On average, equities analysts anticipate that Exelon Corporation will post 2.86 EPS for the current fiscal year.

Exelon Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, September 4th. Exelon’s dividend payout ratio (DPR) is currently 61.54%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on EXC. Truist Financial raised their price target on shares of Exelon from $49.00 to $50.00 and gave the stock a “hold” rating in a research note on Thursday, July 16th. Royal Bank Of Canada dropped their target price on Exelon from $51.00 to $48.00 and set a “sector perform” rating for the company in a report on Monday, April 20th. Barclays downgraded Exelon from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $50.00 to $49.00 in a research report on Friday, April 17th. Wells Fargo & Company set a $50.00 price target on Exelon in a research note on Tuesday, April 21st. Finally, Mizuho set a $48.00 price target on Exelon and gave the company a “neutral” rating in a research report on Friday, April 17th. Four investment 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, Exelon presently has an average rating of “Hold” and a consensus price target of $50.33.

Key Stories Impacting Exelon

Here are the key news stories impacting Exelon this week:

• Positive Sentiment: Exelon reported second-quarter adjusted earnings of $0.43 per share, up from $0.39 a year earlier, while revenue increased 10% year over year to $5.97 billion and exceeded analyst expectations. Higher utility rates and solid operational execution supported the results. Exelon’s Q2 Earnings In Line With Estimates, Revenues Rise Year Over Year
• Positive Sentiment: Management reaffirmed its fiscal 2026 adjusted EPS guidance of $2.81 to $2.91, centered around the $2.86 analyst consensus, and maintained its five-year $41 billion capital investment plan. The company also declared a quarterly dividend of $0.42 per share, representing an annualized yield of approximately 3.6%. Exelon maintains 2029 investment plan after screening data-center requests
• Neutral Sentiment: Although adjusted earnings were broadly in line with expectations, some reports described the $0.43 result as slightly below a $0.44 consensus estimate. The revenue beat and year-over-year earnings growth offset the modest bottom-line shortfall, but did not provide a major upside surprise.
• Negative Sentiment: Exelon reduced its overall data-center demand pipeline by 16% as AI infrastructure projects face growing opposition and permitting challenges across the United States. The revision raises uncertainty about the pace of future electricity-demand growth and potential upside from data-center customers. Exelon’s Data Center Pipeline Cut as AI Projects Face Pushback

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.