Signal Advisors Wealth LLC Acquires New Shares in Exelon Corporation $EXC

Signal Advisors Wealth LLC acquired a new stake in shares of Exelon Corporation (NASDAQ:EXC - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,785 shares of the company's stock, valued at approximately $338,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new position in Exelon during the 4th quarter valued at approximately $25,000. Hazlett Burt & Watson Inc. boosted its position in Exelon by 46.4% during the 1st quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company's stock worth $32,000 after acquiring an additional 220 shares during the period. ANTIPODES PARTNERS Ltd acquired a new position in Exelon during the 1st quarter worth $34,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Exelon during the 1st quarter worth $42,000. Finally, Opal Wealth Advisors LLC acquired a new position in Exelon during the 1st quarter worth $50,000. Institutional investors and hedge funds own 80.92% of the company's stock.

Analysts Set New Price Targets

EXC has been the subject of a number of analyst reports. KeyCorp reduced their price target on Exelon from $39.00 to $37.00 and set an "underweight" rating for the company in a research report on Wednesday, July 16th. Morgan Stanley reiterated an "outperform" rating on shares of Exelon in a research report on Thursday, August 21st. Finally, UBS Group reiterated 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. Four 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.com, the company presently has an average rating of "Hold" and a consensus price target of $47.33.

Exelon Stock Up 0.7%

EXC opened at $43.41 on Friday. Exelon Corporation has a one year low of $35.94 and a one year high of $48.11. 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 stock's fifty day moving average is $43.99 and its 200-day moving average is $44.17. The company has a market capitalization of $43.84 billion, a PE ratio of 16.51, a P/E/G ratio of 2.53 and a beta of 0.41.

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, 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 company had revenue of $5.43 billion for the quarter, compared to the consensus estimate of $5.47 billion. During the same quarter in the previous year, the business earned $0.47 EPS. The company'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. On average, equities analysts predict that Exelon Corporation will post 2.64 EPS for the current fiscal year.

Exelon Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Monday, August 11th were paid 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 of this dividend was Monday, August 11th. Exelon's payout ratio is currently 60.84%.

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.

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