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Vise Technologies Inc. Makes New $4.36 Million Investment in Exelon Corporation $EXC

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Key Points

  • Vise Technologies acquired 93,540 Exelon shares in the second quarter, valued at approximately $4.36 million. Institutional investors collectively own 80.92% of Exelon’s stock.
  • Analysts maintain a cautious outlook, with a consensus “Hold” rating and an average price target of $50.20 after several firms lowered their targets.
  • Exelon narrowly missed quarterly EPS estimates but exceeded revenue expectations; the company also declared a quarterly dividend of $0.42 per share, representing a 3.7% annualized yield.
  • Five stocks to consider instead of Exelon.

Vise Technologies Inc. purchased a new position in Exelon Corporation (NASDAQ:EXC - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 93,540 shares of the company's stock, valued at approximately $4,361,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of Exelon in the 2nd quarter worth $214,000. E Fund Management Co. Ltd. purchased a new stake in Exelon in the 2nd quarter valued at $1,841,000. Asahi Life Asset Management CO. LTD. purchased a new stake in shares of Exelon in the second quarter valued at about $413,000. Aurora Investment Counsel purchased a new stake in Exelon in the 2nd quarter valued at about $1,169,000. Finally, Edmond DE Rothschild Holding S.A. bought a new stake in Exelon during the second quarter worth $2,570,000. Institutional investors own 80.92% of the company's stock.

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on Exelon

Exelon Trading Down 0.5%

NASDAQ EXC opened at $45.06 on Friday. The stock's 50-day simple moving average is $46.30 and its two-hundred day simple moving average is $46.71. Exelon Corporation has a twelve month low of $42.58 and a twelve month 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 company has a market capitalization of $46.51 billion, a price-to-earnings ratio of 16.51, a PEG ratio of 2.74 and a beta of 0.31.

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

Exelon Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.7%. Exelon's dividend payout ratio is currently 61.54%.

Exelon Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Exelon (NASDAQ:EXC)

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