Leo Wealth LLC Buys 25,773 Shares of Exelon Corporation $EXC

Key Points

• Leo Wealth LLC initiated a position of 25,773 Exelon shares worth approximately $1.04 million in the third quarter. Institutional investors collectively own 80.92% of Exelon.
• Analyst sentiment remains cautious, with a consensus “Hold” rating and an average price target of $48.58; several firms recently lowered their targets.
• Exelon shares opened at $44.54, while the company reported quarterly revenue of $5.97 billion, up 10% year over year, but EPS of $0.43 narrowly missed estimates.

Leo Wealth LLC bought a new position in shares of Exelon Corporation (NASDAQ:EXC - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 25,773 shares of the company's stock, valued at approximately $1,041,000.

A number of other large investors also recently modified their holdings of the business. Apollon Wealth Management LLC boosted its holdings in shares of Exelon by 11.2% in the 3rd quarter. Apollon Wealth Management LLC now owns 35,075 shares of the company's stock valued at $1,417,000 after buying an additional 3,544 shares during the period. Invested Advisors grew its position in shares of Exelon by 11.7% during the 3rd quarter. Invested Advisors now owns 11,615 shares of the company's stock valued at $469,000 after buying an additional 1,215 shares during the last quarter. BG Investment Services LLC acquired a new stake in Exelon during the third quarter worth about $3,722,000. Simplicity Wealth LLC raised its stake in Exelon by 27.2% during the third quarter. Simplicity Wealth LLC now owns 9,081 shares of the company's stock worth $367,000 after acquiring an additional 1,941 shares during the period. Finally, RWC Asset Management LLP raised its stake in Exelon by 5.3% during the third quarter. RWC Asset Management LLP now owns 1,677,441 shares of the company's stock worth $67,769,000 after acquiring an additional 84,660 shares during the period. 80.92% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. BMO Capital Markets cut their target price on shares of Exelon from $47.00 to $45.00 and set a "market perform" rating on the stock in a report on Thursday, October 22nd. HSBC began coverage on Exelon in a report on Thursday, October 22nd. They set a "hold" rating and a $44.00 target price for the company. Jefferies Financial Group dropped their price target on Exelon from $50.00 to $49.00 and set a "hold" rating on the stock in a research report on Wednesday, July 29th. The Goldman Sachs Group dropped their price target on Exelon from $45.00 to $44.00 in a research report on Thursday, October 15th. Finally, JPMorgan Chase & Co. cut their price target on Exelon from $47.00 to $46.00 and set a "neutral" rating on the stock in a report on Monday, October 19th. Six equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $48.58.

Exelon Trading Up 0.2%

Exelon stock opened at $44.54 on Tuesday. Exelon Corporation has a 52-week low of $39.73 and a 52-week high of $50.65. The company has a quick ratio of 0.99, a current ratio of 1.09 and a debt-to-equity ratio of 1.71. The firm has a market capitalization of $45.98 billion, a price-to-earnings ratio of 16.32, a PEG ratio of 2.43 and a beta of 0.30. The firm has a 50-day moving average price of $42.85 and a two-hundred day moving average price of $45.53.

Exelon (NASDAQ:EXC - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. During the same quarter in the previous year, the business posted $0.39 EPS. Exelon's revenue for the quarter was up 10.0% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts expect that Exelon Corporation will post 2.86 earnings per share for the current year.

About Exelon

Exelon Corporation NASDAQ: EXC is a regulated utility holding company that delivers electricity and natural gas to residential, commercial and industrial customers. The company operates through six utility subsidiaries: Atlantic City Electric, Baltimore Gas and Electric, Commonwealth Edison, Delmarva Power, PECO and Pepco. Its businesses focus primarily on the transmission, distribution and delivery of energy rather than owning competitive power-generation operations.

Exelon's utilities serve customers across Illinois, Pennsylvania, Maryland, Delaware, New Jersey and the District of Columbia.

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