Meeder Advisory Services Inc. Takes $1.13 Million Position in Exelon Corporation $EXC

Meeder Advisory Services Inc. purchased a new position in Exelon Corporation (NASDAQ:EXC - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 24,227 shares of the company's stock, valued at approximately $1,129,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Resonant Capital Advisors LLC grew its position in shares of Exelon by 2.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company's stock worth $460,000 after acquiring an additional 217 shares in the last quarter. PFG Investments LLC raised its position in shares of Exelon by 1.6% during the 1st quarter. PFG Investments LLC now owns 14,242 shares of the company's stock valued at $698,000 after acquiring an additional 218 shares in the last quarter. Texas Bank & Trust Co raised its position in shares of Exelon by 1.5% during the 1st quarter. Texas Bank & Trust Co now owns 15,410 shares of the company's stock valued at $755,000 after acquiring an additional 229 shares in the last quarter. Westfuller Advisors LLC lifted its stake in Exelon by 12.5% during the first quarter. Westfuller Advisors LLC now owns 2,091 shares of the company's stock worth $103,000 after purchasing an additional 232 shares during the last quarter. Finally, Verdence Capital Advisors LLC lifted its stake in Exelon by 2.8% during the fourth quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company's stock worth $376,000 after purchasing an additional 233 shares during the last quarter. Institutional investors and hedge funds own 80.92% of the company's stock.

Exelon Price Performance

NASDAQ EXC opened at $45.30 on Thursday. Exelon Corporation has a 12 month low of $42.58 and a 12 month high of $50.65. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.09 and a quick ratio of 0.99. The firm has a market capitalization of $46.76 billion, a PE ratio of 16.59, a P/E/G ratio of 2.74 and a beta of 0.31. The company's 50 day simple moving average is $46.31 and its 200 day simple moving average is $46.70.

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

Exelon Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, September 4th will be issued a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 3.7%. The ex-dividend date is Friday, September 4th. Exelon's dividend payout ratio (DPR) is currently 61.54%.

Analysts Set New Price Targets

EXC has been the topic of a number of research reports. Truist Financial dropped their target price on shares of Exelon from $50.00 to $48.00 and set a "hold" rating on the stock in a report on Thursday, August 13th. KeyCorp decreased their price target on shares of Exelon from $43.00 to $41.00 and set an "underweight" rating for the company in a report on Wednesday, May 13th. TD Cowen lowered their price objective on shares of Exelon from $51.00 to $49.00 and set a "hold" rating for the company in a research report on Friday, May 15th. Finally, Weiss Ratings lowered shares of Exelon from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, July 9th. Four equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $50.20.

About Exelon

Exelon Corporation NASDAQ: EXC is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company's businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon's operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.

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