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Aurora Investment Counsel Invests $1.17 Million in Exelon Corporation $EXC

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Key Points

  • Aurora Investment Counsel bought 25,066 Exelon shares worth approximately $1.17 million during the second quarter. Institutional investors collectively own 80.92% of Exelon’s outstanding stock.
  • Analyst sentiment is largely neutral: 13 analysts rate Exelon “Hold,” four rate it “Buy,” and one rates it “Sell.” The average price target is $50.20, despite several brokerages recently lowering their targets.
  • Exelon reported quarterly revenue of $5.97 billion, up 10% year over year, but its $0.43 EPS slightly missed estimates. The company maintains a quarterly dividend of $0.42 per share, equivalent to a 3.7% annual yield.
  • MarketBeat previews the top five stocks to own by September 1st.

Aurora Investment Counsel purchased a new position in Exelon Corporation (NASDAQ:EXC - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 25,066 shares of the company's stock, valued at approximately $1,169,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ASR Vermogensbeheer N.V. raised its holdings in shares of Exelon by 28.4% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company's stock valued at $11,867,000 after purchasing an additional 60,250 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its stake 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 valued at $9,393,000 after buying an additional 45,723 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Exelon by 133.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 505,564 shares of the company's stock valued at $23,569,000 after buying an additional 289,436 shares during the period. Ethic Inc. boosted its stake in shares of Exelon by 7.6% in the 4th quarter. Ethic Inc. now owns 334,268 shares of the company's stock worth $14,571,000 after buying an additional 23,567 shares during the last quarter. Finally, Triasima Portfolio Management inc. purchased a new position in shares of Exelon in the 4th quarter worth $2,021,000. 80.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EXC. KeyCorp cut their price objective on Exelon from $43.00 to $41.00 and set an "underweight" rating for the company in a report on Wednesday, May 13th. Truist Financial dropped their target price on Exelon from $50.00 to $48.00 and set a "hold" rating on the stock in a research report on Thursday, August 13th. Weiss Ratings downgraded Exelon from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. Finally, TD Cowen reduced their price target on shares of Exelon from $51.00 to $49.00 and set a "hold" rating for the company in a research report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $50.20.

Read Our Latest Research Report on EXC

Exelon Stock Performance

Shares of NASDAQ EXC opened at $45.30 on Thursday. The firm has a fifty day moving average price of $46.31 and a 200-day moving average price of $46.70. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The stock has a market cap of $46.76 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 2.74 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65.

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

Exelon Dividend Announcement

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

Exelon Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Corporation (NASDAQ:EXC - Free Report).

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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