96,982 Shares in Exelon Corporation $EXC Acquired by Flputnam Investment Management Co.

Key Points

• Flputnam Investment Management acquired 96,982 Exelon shares worth approximately $4.52 million in the second quarter. Institutional investors and hedge funds now own 80.92% of Exelon’s outstanding stock.
• Analyst sentiment is predominantly neutral: 13 analysts rate Exelon “Hold,” compared with four “Buy” and one “Sell” ratings. The average price target is $50.20, above the stock’s recent price of $45.86.
• Exelon reported quarterly revenue of $5.97 billion, up 10% year over year, but earnings per share of $0.43 narrowly missed estimates. The company declared a quarterly dividend of $0.42, representing a 3.7% annualized yield.

Flputnam Investment Management Co. acquired a new stake in Exelon Corporation (NASDAQ:EXC - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 96,982 shares of the company's stock, valued at approximately $4,521,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Global Retirement Partners LLC purchased a new stake in shares of Exelon during the 2nd quarter worth about $1,632,000. Bank of New York Mellon Corp acquired a new position in shares of Exelon during the 2nd quarter worth approximately $580,842,000. PTM Wealth Management LLC purchased a new position in shares of Exelon during the 2nd quarter valued at approximately $664,000. Focus Partners Advisor Solutions LLC purchased a new position in shares of Exelon during the 2nd quarter valued at approximately $753,000. Finally, GSA Capital Partners LLP acquired a new stake in Exelon in the 2nd quarter valued at $898,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently commented on EXC. Wells Fargo & Company set a $50.00 price target on shares of Exelon in a report on Tuesday, April 21st. Morgan Stanley dropped their price target on Exelon from $56.00 to $55.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 21st. Jefferies Financial Group downgraded Exelon from a "buy" rating to a "hold" rating and reduced their price objective for the company from $55.00 to $50.00 in a research note on Monday, April 20th. TD Cowen decreased their price target on shares of Exelon from $51.00 to $49.00 and set a "hold" rating on the stock in a research note on Friday, May 15th. Finally, Royal Bank Of Canada lowered their price target on shares of Exelon from $51.00 to $48.00 and set a "sector perform" rating on the stock in a research report on Monday, April 20th. Four equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $50.20.

Exelon Price Performance

Exelon stock opened at $45.86 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a 50-day moving average price of $46.30 and a 200 day moving average price of $46.69. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65. The stock has a market cap of $47.34 billion, a P/E ratio of 16.80, a PEG ratio of 2.77 and a beta of 0.31.

Exelon (NASDAQ:EXC - Get Free Report) last posted its earnings results 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 net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The business's revenue for the quarter was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts anticipate that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, September 4th. Exelon's dividend payout ratio is presently 61.54%.

Exelon Company 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.

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