Campbell & CO Investment Adviser LLC Makes New $3.62 Million Investment in Exelon Corporation $EXC

Key Points

• Campbell & CO Investment Adviser LLC established a new position in Exelon Corporation by purchasing 78,606 shares worth approximately $3.62 million during the first quarter of the fiscal year.
• Exelon reported an earnings per share (EPS) of $0.39 for the last quarter, exceeding analysts' expectations, with a revenue of $5.43 billion.
• The company recently declared a quarterly dividend of $0.40 per share, with an annualized yield of 3.6% and a payout ratio of 60.84%.

Campbell & CO Investment Adviser LLC acquired a new stake in Exelon Corporation (NASDAQ:EXC - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 78,606 shares of the company's stock, valued at approximately $3,622,000.

Several other institutional investors have also bought and sold shares of EXC. Providence Wealth Advisors LLC increased its holdings in shares of Exelon by 0.6% in the first quarter. Providence Wealth Advisors LLC now owns 39,342 shares of the company's stock worth $1,802,000 after purchasing an additional 217 shares during the period. Hazlett Burt & Watson Inc. increased its stake in Exelon by 46.4% in the first quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company's stock valued at $32,000 after acquiring an additional 220 shares during the last quarter. CWM LLC increased its stake in Exelon by 0.7% in the first quarter. CWM LLC now owns 33,775 shares of the company's stock valued at $1,556,000 after acquiring an additional 226 shares during the last quarter. Catalyst Financial Partners LLC increased its stake in Exelon by 2.4% in the first quarter. Catalyst Financial Partners LLC now owns 9,761 shares of the company's stock valued at $450,000 after acquiring an additional 230 shares during the last quarter. Finally, Centre Asset Management LLC increased its stake in Exelon by 3.2% in the first quarter. Centre Asset Management LLC now owns 7,584 shares of the company's stock valued at $349,000 after acquiring an additional 233 shares during the last quarter. Hedge funds and other institutional investors own 80.92% of the company's stock.

Exelon Trading Up 0.2%

Shares of NASDAQ:EXC traded up $0.10 on Friday, reaching $43.86. 1,045,281 shares of the company traded hands, compared to its average volume of 7,257,491. The business's 50-day simple moving average is $43.92 and its 200 day simple moving average is $44.18. Exelon Corporation has a 52 week low of $35.94 and a 52 week high of $48.11. The stock has a market capitalization of $44.29 billion, a P/E ratio of 16.67, a price-to-earnings-growth ratio of 2.60 and a beta of 0.38. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, August 11th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Monday, August 11th. Exelon's dividend payout ratio is currently 60.84%.

Analysts Set New Price Targets

A number of research firms recently commented on EXC. Guggenheim increased their target price on Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. UBS Group reaffirmed a "neutral" rating and set a $48.00 price objective (up from $47.00) on shares of Exelon in a research note on Friday, July 11th. Evercore ISI raised their price objective on Exelon from $48.00 to $51.00 and gave the company an "in-line" rating in a research note on Friday, May 2nd. KeyCorp reduced their price objective on Exelon from $39.00 to $37.00 and set an "underweight" rating on the stock in a research note on Wednesday, July 16th. Finally, Morgan Stanley reaffirmed an "outperform" rating on shares of Exelon in a research note on Thursday, August 21st. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $47.20.

About Exelon

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.