Compound Planning Inc. Makes New $368,000 Investment in Exelon Corporation $EXC

Key Points

• Compound Planning Inc. has acquired a new stake in Exelon Corporation, purchasing 7,991 shares valued at approximately $368,000.
• Several hedge funds have significantly increased their holdings in Exelon during the first quarter, indicating growing institutional interest in the company.
• Exelon recently reported earnings of $0.39 per share for the last quarter, beating analysts' expectations, along with announcing a quarterly dividend of $0.40 per share.

Compound Planning Inc. purchased a new position in shares of Exelon Corporation (NASDAQ:EXC - Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,991 shares of the company's stock, valued at approximately $368,000.

A number of other institutional investors have also recently bought and sold shares of EXC. Stifel Financial Corp boosted its stake in Exelon by 2.4% during the fourth quarter. Stifel Financial Corp now owns 123,023 shares of the company's stock worth $4,631,000 after buying an additional 2,854 shares in the last quarter. Coldstream Capital Management Inc. boosted its stake in Exelon by 16.7% during the fourth quarter. Coldstream Capital Management Inc. now owns 18,446 shares of the company's stock worth $694,000 after buying an additional 2,644 shares in the last quarter. Berger Financial Group Inc acquired a new stake in Exelon during the fourth quarter worth $268,000. Beacon Pointe Advisors LLC boosted its stake in Exelon by 6.8% during the fourth quarter. Beacon Pointe Advisors LLC now owns 12,937 shares of the company's stock worth $487,000 after buying an additional 821 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Exelon by 16.4% in the 4th quarter. Northern Trust Corp now owns 11,212,263 shares of the company's stock valued at $422,030,000 after purchasing an additional 1,577,317 shares in the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on EXC shares. UBS Group restated a "neutral" rating and issued a $48.00 target price (up previously from $47.00) on shares of Exelon in a research note on Friday, July 11th. Wells Fargo & Company boosted their target price on shares of Exelon from $46.00 to $50.00 and gave the company an "equal weight" rating in a research note on Friday, May 2nd. KeyCorp reduced their target price on shares of Exelon from $39.00 to $37.00 and set an "underweight" rating on the stock in a research note on Wednesday, July 16th. Morgan Stanley restated an "outperform" rating on shares of Exelon in a research note on Thursday, August 21st. Finally, Guggenheim boosted their target price on shares of Exelon from $47.00 to $50.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Exelon has an average rating of "Hold" and an average price target of $47.20.

Exelon Trading Down 0.2%

NASDAQ:EXC traded down $0.08 on Friday, hitting $43.68. 4,003,379 shares of the stock were exchanged, compared to its average volume of 6,048,129. The stock has a market capitalization of $44.12 billion, a price-to-earnings ratio of 16.61, a P/E/G ratio of 2.56 and a beta of 0.38. Exelon Corporation has a 52 week low of $35.94 and a 52 week high of $48.11. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.85 and a current ratio of 0.95. The company's 50-day moving average price is $43.94 and its 200 day moving average price is $44.19.

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

Exelon Dividend Announcement

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

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.