AG2R LA Mondiale Gestion D Actifs Invests $1.95 Million in Exelon Corporation $EXC

Key Points

• AG2R LA Mondiale Gestion D Actifs has acquired 44,412 shares of Exelon Corporation, valued at approximately $1,946,000, signifying a new investment in the company.
• Exelon reported quarterly earnings of $0.39 per share, exceeding estimates, with a net margin of 11.16% and a revenue of $5.43 billion.
• The company declared a quarterly dividend of $0.40 per share, reflecting an annualized payout of $1.60 and a yield of 3.7%.

AG2R LA Mondiale Gestion D Actifs acquired a new position in Exelon Corporation (NASDAQ:EXC - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 44,412 shares of the company's stock, valued at approximately $1,946,000.

Other institutional investors also recently bought and sold shares of the company. Ameriflex Group Inc. purchased a new position in Exelon during the 4th quarter worth approximately $25,000. Hazlett Burt & Watson Inc. raised its holdings in shares of Exelon by 46.4% during the first quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company's stock worth $32,000 after purchasing an additional 220 shares during the last quarter. ANTIPODES PARTNERS Ltd purchased a new position in shares of Exelon during the first quarter worth $34,000. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Exelon during the 1st quarter valued at about $42,000. Finally, Opal Wealth Advisors LLC purchased a new position in shares of Exelon during the 1st quarter valued at about $50,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Exelon Price Performance

NASDAQ EXC traded down $0.70 on Tuesday, hitting $42.73. The company had a trading volume of 6,252,261 shares, compared to its average volume of 7,138,058. The company has a market capitalization of $43.16 billion, a PE ratio of 16.25, a PEG ratio of 2.54 and a beta of 0.41. The company's fifty day moving average price is $44.01 and its 200-day moving average price is $44.20. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.95 and a quick ratio of 0.85. Exelon Corporation has a 12-month low of $35.94 and a 12-month high of $48.11.

Exelon (NASDAQ:EXC - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.39 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.02. The business had revenue of $5.43 billion during the quarter, compared to analysts' expectations of $5.47 billion. Exelon had a net margin of 11.16% and a return on equity of 9.85%. The company's quarterly revenue was up 1.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.47 earnings per share. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. As a group, analysts predict that Exelon Corporation will post 2.64 earnings per share for the current year.

Exelon Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Monday, August 11th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, August 11th. Exelon's payout ratio is 60.84%.

Analyst Ratings Changes

A number of research firms have weighed in on EXC. Morgan Stanley reiterated an "outperform" rating on shares of Exelon in a research note on Thursday, August 21st. UBS Group reiterated a "neutral" rating and set a $48.00 price target (up from $47.00) on shares of Exelon in a research report on Friday, July 11th. Finally, KeyCorp cut their target price on shares of Exelon from $39.00 to $37.00 and set an "underweight" rating for the company in a report on Wednesday, July 16th. Five investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Exelon currently has an average rating of "Hold" and a consensus target price of $47.20.

Exelon Company Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.