Exelon Corporation $EXC Shares Acquired by Ieq Capital LLC

Key Points

• Ieq Capital LLC increased its holdings in Exelon Corporation by 27.4%, acquiring an additional 16,978 shares to reach a total of 78,962 shares worth approximately $3.64 million.
• Exelon recently reported a quarterly earnings per share (EPS) of $0.39, exceeding analysts' expectations of $0.37, while setting a fiscal year 2025 EPS guidance between 2.640-2.740.
• The company declared a quarterly dividend of $0.40 per share, reflecting an annualized yield of 3.7%, with the ex-dividend date set for August 11.

Ieq Capital LLC boosted its stake in Exelon Corporation (NASDAQ:EXC - Free Report) by 27.4% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 78,962 shares of the company's stock after purchasing an additional 16,978 shares during the period. Ieq Capital LLC's holdings in Exelon were worth $3,639,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in EXC. Zuckerman Investment Group LLC purchased a new position in Exelon in the 1st quarter valued at approximately $210,000. Keeley Teton Advisors LLC boosted its position in Exelon by 7.1% in the 1st quarter. Keeley Teton Advisors LLC now owns 47,439 shares of the company's stock valued at $2,186,000 after buying an additional 3,125 shares during the period. WealthTrust Axiom LLC boosted its position in Exelon by 1.4% in the 1st quarter. WealthTrust Axiom LLC now owns 48,317 shares of the company's stock valued at $2,226,000 after buying an additional 663 shares during the period. Caisse DE Depot ET Placement DU Quebec purchased a new stake in shares of Exelon during the 1st quarter worth $11,151,000. Finally, Evergreen Wealth Solutions LLC lifted its position in shares of Exelon by 48.7% during the 1st quarter. Evergreen Wealth Solutions LLC now owns 12,317 shares of the company's stock worth $568,000 after purchasing an additional 4,033 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Stock Performance

NASDAQ EXC traded down $0.14 during trading on Thursday, reaching $43.24. The company's stock had a trading volume of 1,097,061 shares, compared to its average volume of 7,229,339. 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 firm has a market cap of $43.67 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 2.56 and a beta of 0.41. Exelon Corporation has a twelve month low of $35.94 and a twelve month high of $48.11. The business's fifty day moving average price is $43.97 and its 200-day moving average price is $44.20.

Exelon (NASDAQ:EXC - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.02. The company had revenue of $5.43 billion for 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 quarterly revenue was up 1.2% on a year-over-year basis. During the same period in the previous 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, analysts anticipate that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 15th. Stockholders of record on Monday, August 11th will be paid a dividend of $0.40 per share. 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 payout ratio is 60.84%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on EXC shares. KeyCorp decreased their price objective on shares of Exelon from $39.00 to $37.00 and set an "underweight" rating for the company in a research report on Wednesday, July 16th. UBS Group reaffirmed a "neutral" rating and set a $48.00 price objective (up from $47.00) on shares of Exelon in a research report on Friday, July 11th. Finally, Morgan Stanley reissued an "outperform" rating on shares of Exelon in a research report on Thursday, August 21st. Five 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. According to MarketBeat, Exelon currently has an average rating of "Hold" and an average target price of $47.20.

Exelon 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.