Exelon (NASDAQ:EXC) Stock Gets Price Target Trim from Truist Financial
by Jessica Moore · The Cerbat GemExelon (NASDAQ:EXC – Free Report) had its target price lowered by Truist Financial from $48.00 to $46.00 in a report published on Friday,Benzinga reports. The firm currently has a hold rating on the stock.
EXC has been the subject of a number of other research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Exelon in a report on Tuesday, October 6th. Argus lowered their price objective on shares of Exelon from $52.00 to $49.00 and set a “buy” rating for the company in a research report on Tuesday, September 22nd. KeyCorp raised shares of Exelon from an “underweight” rating to a “sector weight” rating in a research report on Monday, October 12th. Finally, Morgan Stanley dropped their price objective on shares of Exelon from $53.00 to $50.00 and set an “equal weight” rating on the stock in a research note on Friday, September 18th. Four equities research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $49.20.
Check Out Our Latest Stock Report on Exelon
Exelon Stock Performance
Shares of EXC opened at $43.50 on Friday. The stock’s 50-day moving average is $42.99 and its two-hundred day moving average is $45.21. The stock has a market cap of $44.90 billion, a PE ratio of 15.93, a P/E/G ratio of 2.38 and a beta of 0.30. Exelon has a 12 month low of $39.73 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.
Exelon (NASDAQ:EXC – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.01). Exelon had a return on equity of 9.81% and a net margin of 10.99%. The company had revenue of $5.97 billion during the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the previous year, the company earned $0.39 EPS. Exelon’s quarterly revenue was up 10.0% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Equities analysts forecast that Exelon will post 2.86 earnings per share for the current fiscal year.
Exelon Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Friday, September 4th. Exelon’s dividend payout ratio is presently 61.54%.
Institutional Trading of Exelon
Large investors have recently modified their holdings of the business. IFP Advisors Inc increased its holdings in shares of Exelon by 21.3% in the 3rd quarter. IFP Advisors Inc now owns 5,804 shares of the company’s stock valued at $234,000 after acquiring an additional 1,018 shares during the last quarter. Avail Investment Partners LLC lifted its stake in Exelon by 21.3% during the third quarter. Avail Investment Partners LLC now owns 10,087 shares of the company’s stock worth $408,000 after purchasing an additional 1,771 shares during the last quarter. Mosley Wealth Management lifted its stake in Exelon by 55.9% during the third quarter. Mosley Wealth Management now owns 812 shares of the company’s stock worth $34,000 after purchasing an additional 291 shares during the last quarter. Pension & Wealth Management Advisors Inc. lifted its stake in Exelon by 86.4% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 2,192 shares of the company’s stock worth $89,000 after purchasing an additional 1,016 shares during the last quarter. Finally, Howard Capital Management LLC boosted its holdings in Exelon by 149.6% in the third quarter. Howard Capital Management LLC now owns 173,727 shares of the company’s stock worth $7,019,000 after purchasing an additional 104,125 shares during the period. 80.92% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Exelon
Here are the key news stories impacting Exelon this week:
- Positive Sentiment: KeyBanc upgraded Exelon (EXC) from Underweight to Sector Weight, removing a bearish stance and potentially improving sentiment toward the regulated utility. KeyBanc upgrades Exelon to sector weight from underweight
- Positive Sentiment: Commentary on data-center-driven electricity demand argues that a reassessment of grid investment and power needs could strengthen Exelon’s longer-term growth outlook. Battery-storage projects and grid modernization also provide potential strategic support. The Bull Case For Exelon Could Change Following A Data Center-Driven Grid Rethink
- Neutral Sentiment: KeyBanc assigned a $41 price target alongside its upgrade, below the reference price of $43.50, suggesting the change mainly reflects reduced downside risk rather than strong expected appreciation. KeyBanc sets USD 41.00 target for Exelon stock after upgrade
- Neutral Sentiment: Scotiabank reiterated its Hold rating, indicating no major change in its view of Exelon’s valuation or outlook. Scotiabank reaffirms Hold rating on Exelon
- Neutral Sentiment: Exelon’s operating companies called for an “all-hands-on-deck” approach to electricity supply, highlighting the need for coordinated grid and supply-chain planning as demand grows. The statement is strategically relevant but does not announce a near-term financial impact. Exelon companies call for all-hands-on-deck supply approach
- Negative Sentiment: Truist cut its price target from $48 to $46 and maintained a Hold rating, signaling more limited upside expectations. Truist lowers Exelon price target
- Negative Sentiment: Goldman Sachs maintained its Sell rating, reinforcing the downside view from a major analyst and offsetting KeyBanc’s upgrade. Goldman Sachs sticks to Sell rating for Exelon
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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