Integrity Alliance LLC. Purchases New Holdings in Exelon Corporation $EXC

Key Points

• Integrity Alliance LLC has acquired 18,112 shares of Exelon Corporation, valued at approximately $835,000, during the first quarter, according to their SEC filing.
• Exelon recently declared a quarterly dividend of $0.40, scheduled for payment on September 15th, yielding an annualized rate of 3.7%.
• Wall Street analysts have mixed ratings for Exelon with a consensus target price of $47.20, suggesting the stock remains a "Hold" for most investors.

Integrity Alliance LLC. bought a new stake in Exelon Corporation (NASDAQ:EXC - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 18,112 shares of the company's stock, valued at approximately $835,000.

A number of other hedge funds and other institutional investors have also modified their holdings of EXC. Focus Partners Wealth increased its position in shares of Exelon by 35.2% in the fourth quarter. Focus Partners Wealth now owns 39,597 shares of the company's stock valued at $1,523,000 after acquiring an additional 10,302 shares during the last quarter. Jefferies Financial Group Inc. acquired a new position in Exelon during the fourth quarter worth approximately $212,000. OMERS ADMINISTRATION Corp increased its position in Exelon by 20.5% during the fourth quarter. OMERS ADMINISTRATION Corp now owns 41,603 shares of the company's stock worth $1,566,000 after buying an additional 7,070 shares during the last quarter. Nuveen Asset Management LLC increased its position in Exelon by 7.1% during the fourth quarter. Nuveen Asset Management LLC now owns 4,015,710 shares of the company's stock worth $151,151,000 after buying an additional 264,686 shares during the last quarter. Finally, NorthRock Partners LLC acquired a new position in Exelon during the fourth quarter worth approximately $308,000. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Stock Performance

Shares of Exelon stock traded down $0.45 on Tuesday, hitting $42.98. The stock had a trading volume of 3,131,615 shares, compared to its average volume of 7,119,639. Exelon Corporation has a twelve month low of $35.94 and a twelve month high of $48.11. The business's 50 day moving average is $44.01 and its two-hundred day moving average is $44.20. 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 stock has a market cap of $43.41 billion, a price-to-earnings ratio of 16.34, a price-to-earnings-growth ratio of 2.54 and a beta of 0.41.

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

Exelon Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Monday, August 11th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Monday, August 11th. Exelon's payout ratio is 60.84%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on EXC shares. Morgan Stanley reissued an "outperform" rating on shares of Exelon in a research report on Thursday, August 21st. KeyCorp lowered their price target on Exelon from $39.00 to $37.00 and set an "underweight" rating on the stock in a research report on Wednesday, July 16th. Finally, UBS Group reissued a "neutral" rating and set a $48.00 price target (up previously from $47.00) on shares of Exelon in a research report on Friday, July 11th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, Exelon has a consensus rating of "Hold" and a consensus price target 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.