Edmond DE Rothschild Holding S.A. Purchases 10,764 Shares of Exelon Corporation $EXC

Key Points

• Edmond DE Rothschild Holding S.A. increased its stake in Exelon Corporation by 8.5%, acquiring an additional 10,764 shares, bringing its total holdings to 137,002 shares valued at approximately $6.31 million.
• Multiple institutional investors are showing strong interest in Exelon, with companies like Nuveen LLC investing over $285 million and AQR Capital Management increasing its stake by an astounding 506.9% in the first quarter.
• Exelon recently announced a quarterly dividend of $0.40 per share, maintaining a payout ratio of 60.84% and offering investors a 3.7% dividend yield.

Edmond DE Rothschild Holding S.A. raised its stake in shares of Exelon Corporation (NASDAQ:EXC - Free Report) by 8.5% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 137,002 shares of the company's stock after purchasing an additional 10,764 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in Exelon were worth $6,313,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Ameriflex Group Inc. bought a new position in shares of Exelon during the 4th quarter worth approximately $25,000. Hazlett Burt & Watson Inc. raised its stake in 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 acquiring an additional 220 shares in the last quarter. ANTIPODES PARTNERS Ltd bought a new position in shares of Exelon during the first quarter valued at $34,000. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Exelon during the first quarter valued at $42,000. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of Exelon in the 1st quarter valued at $50,000. 80.92% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

EXC has been the subject of a number of recent analyst reports. UBS Group reiterated a "neutral" rating and set a $48.00 target price (up previously from $47.00) on shares of Exelon in a research report on Friday, July 11th. Morgan Stanley reaffirmed an "outperform" rating on shares of Exelon in a report on Thursday, August 21st. Finally, KeyCorp dropped their price objective 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. Based on data from MarketBeat, Exelon currently has an average rating of "Hold" and an average price target of $47.20.

Exelon Trading Up 0.2%

NASDAQ:EXC traded up $0.07 during trading hours on Tuesday, hitting $43.09. 3,651,347 shares of the stock were exchanged, compared to its average volume of 7,199,163. The company has a market capitalization of $43.52 billion, a P/E ratio of 16.38, a price-to-earnings-growth ratio of 2.55 and a beta of 0.41. The company has a quick ratio of 0.85, a current ratio of 0.95 and a debt-to-equity ratio of 1.66. The company's 50 day moving average is $43.99 and its two-hundred day moving average is $44.22. Exelon Corporation has a twelve month low of $35.94 and a twelve month high of $48.11.

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, sell-side analysts anticipate that Exelon Corporation will post 2.64 earnings per share for the current fiscal year.

Exelon Announces Dividend

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

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.