Focus Partners Advisor Solutions LLC Purchases 6,209 Shares of Exelon Corporation $EXC

Key Points

• Focus Partners Advisor Solutions LLC increased its stake in Exelon Corporation by 55.8% during the first quarter, bringing its total holdings to 17,342 shares worth $799,000.
• Exelon's most recent quarterly earnings report showed an earnings per share (EPS) of $0.39, exceeding estimates, with a revenue of $5.43 billion for the quarter.
• The company announced a quarterly dividend of $0.40 per share, providing an annualized yield of 3.7%.

Focus Partners Advisor Solutions LLC lifted its stake in shares of Exelon Corporation (NASDAQ:EXC - Free Report) by 55.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,342 shares of the company's stock after purchasing an additional 6,209 shares during the period. Focus Partners Advisor Solutions LLC's holdings in Exelon were worth $799,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Ameriflex Group Inc. acquired a new stake in shares of Exelon in the 4th quarter valued at about $25,000. Hazlett Burt & Watson Inc. increased its stake in Exelon by 46.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company's stock valued at $32,000 after buying an additional 220 shares during the period. ANTIPODES PARTNERS Ltd acquired a new position in shares of Exelon during the 1st quarter valued at $34,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Exelon during the 1st quarter valued at $42,000. Finally, Opal Wealth Advisors LLC acquired a new position in shares of Exelon in the 1st quarter worth approximately $50,000. 80.92% of the stock is currently owned by institutional investors and hedge funds.

Exelon Stock Down 0.9%

NASDAQ:EXC traded down $0.41 on Monday, reaching $43.02. 4,099,896 shares of the stock traded hands, compared to its average volume of 7,208,673. The company's fifty day simple moving average is $44.00 and its 200 day simple moving average is $44.22. The company has a market capitalization of $43.45 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 2.55 and a beta of 0.41. 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 Corporation has a 12 month low of $35.94 and a 12 month high of $48.11.

Exelon (NASDAQ:EXC - Get Free Report) last released its quarterly earnings data 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. Exelon had a return on equity of 9.85% and a net margin of 11.16%.The firm had revenue of $5.43 billion during the quarter, compared to analyst estimates of $5.47 billion. During the same quarter in the prior year, the company posted $0.47 earnings per share. The business's quarterly revenue was up 1.2% compared to the same quarter last year. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Equities analysts predict that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Monday, August 11th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date is Monday, August 11th. Exelon's dividend payout ratio (DPR) is 60.84%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on EXC. Morgan Stanley reaffirmed an "outperform" rating on shares of Exelon in a research report on Thursday, August 21st. KeyCorp reduced their price objective on Exelon from $39.00 to $37.00 and set an "underweight" rating for the company in a research report on Wednesday, July 16th. Finally, UBS Group reiterated 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. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $47.20.

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.