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Aurora Investment Counsel purchased a new position in Exelon Corporation (NASDAQ:EXC – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 25,066 shares of the company’s stock, valued at approximately $1,169,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. ASR Vermogensbeheer N.V. raised its holdings in shares of Exelon by 28.4% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 272,233 shares of the company’s stock valued at $11,867,000 after purchasing an additional 60,250 shares during the last quarter. B. Metzler seel. Sohn & Co. AG raised its stake in Exelon by 26.9% during the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 215,392 shares of the company’s stock valued at $9,393,000 after buying an additional 45,723 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Exelon by 133.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 505,564 shares of the company’s stock valued at $23,569,000 after buying an additional 289,436 shares during the period. Ethic Inc. boosted its stake in shares of Exelon by 7.6% in the 4th quarter. Ethic Inc. now owns 334,268 shares of the company’s stock worth $14,571,000 after buying an additional 23,567 shares during the last quarter. Finally, Triasima Portfolio Management inc. purchased a new position in shares of Exelon in the 4th quarter worth $2,021,000. 80.92% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth Several brokerages recently commented on EXC. KeyCorp cut their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a report on Wednesday, May 13th. Truist Financial dropped their target price on Exelon from $50.00 to $48.00 and set a “hold” rating on the stock in a research report on Thursday, August 13th. Weiss Ratings downgraded Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Finally, TD Cowen reduced their price target 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. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $50.20.

Read Our Latest Research Report on EXC Exelon Stock Performance Shares of NASDAQ EXC opened at $45.30 on Thursday. The firm has a fifty day moving average price of $46.31 and a 200-day moving average price of $46.70. 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 stock has a market cap of $46.76 billion, a PE ratio of 16.59, a price-to-earnings-growth ratio of 2.74 and a beta of 0.31. Exelon Corporation has a 1 year low of $42.58 and a 1 year high of $50.65.

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

Exelon Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.7%. Exelon’s dividend payout ratio is 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.

See Also Five stocks we like better than Exelon Bloom Energy’s AI Surge Meets a Valuation Reality Check Target Is Winning Shoppers Back—Can the Rally Reach $180? IonQ’s Space Contract Points to a New Frontier for Quantum Investors Is Apple’s AI Strategy Smarter Than Skeptics Think? Want to see what other hedge funds are holding EXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exelon Corporation (NASDAQ:EXC – Free Report).

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Electric power transmission pylon miniatures and Exelon Corporation logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

July 30 (Reuters) - Major U.S. utility Exelon (EXC.O), opens new tab on Thursday reported second-quarter adjusted operating earnings in ​line with its expectations, but reaffirmed its five-year $41 billion capital plan despite revising ‌down its overall data center demand pipeline by 16%.

The company's shares were down 4% in morning trade.

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Exelon reaffirmed its full-year outlook and said it remained on track to deliver ​annualized earnings growth near the upper end of its long-term target ​range through 2029.

The utility is focused on meeting growing electricity demand ⁠while protecting existing customers from costs tied to speculative large-load projects, including ​data centers, it added.

Exelon's large-load and data-center pipeline declined to 36 gigawatts from 43 gigawatts ​after it filtered projects through transmission-security agreements, which require customers to make financial commitments before major system investments are made.

The company's capital plan, however, remains unchanged at $41 billion through 2029. ​Exelon said it has not included speculative projects in its investment assumptions ​and that a portion of its remaining large-load pipeline is supported by signed agreements and ‌collateral.

Chief ⁠Executive Calvin Butler, who is pushing to change U.S. laws to allow the development of regulated power generation and storage, said a July heat wave pushed PJM electricity demand to a record and prompted the grid operator to use emergency procedures and ​demand-response resources.

Atlantic City Electric ​has proposed a ⁠transmission-connected battery-storage project in New Jersey that Exelon says could help lower energy costs, improve reliability during peak-demand periods ​and defer some grid investments.

The project is not included ​in Exelon's ⁠current capital plan, with the company saying it expects a regulatory decision in the first half of next year.

Exelon also cited progress in rate cases and grid-planning proceedings ⁠across ​its service territories, saying the investments are needed ​to maintain reliability, accommodate demand growth and manage long-term customer costs.

Reporting by Khusbu Jena in Bengaluru ​and Laila Kearney in New York; Editing by Jonathan Ananda and Laila Kearney

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Exelon (EXC - Free Report) reported $5.97 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 10%. EPS of $0.43 for the same period compares to $0.39 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $5.66 billion, representing a surprise of +5.47%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.43.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Exelon performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Operating revenues- PHI: $1.71 billion versus the two-analyst average estimate of $1.61 billion. The reported number represents a year-over-year change of +8.4%.Operating revenues- BGE: $1.22 billion versus $1.05 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +18.4% change.Operating revenues- PECO: $1.06 billion versus the two-analyst average estimate of $1.05 billion. The reported number represents a year-over-year change of +6.2%.Operating revenues- ComEd: $1.99 billion versus the two-analyst average estimate of $1.97 billion. The reported number represents a year-over-year change of +8.1%.Adjusted Operating Earnings (non-GAAP)- ComEd: $249 million versus the two-analyst average estimate of $290.77 million.Adjusted Operating Earnings (non-GAAP)- PHI: $126 million compared to the $146.16 million average estimate based on two analysts.Adjusted Operating Earnings (non-GAAP)- BGE: $70 million versus the two-analyst average estimate of $49.49 million.Adjusted Operating Earnings (non-GAAP)- PECO: $130 million versus the two-analyst average estimate of $122.24 million.View all Key Company Metrics for Exelon here>>>

Shares of Exelon have returned +1.7% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

Wall Street expects a year-over-year increase in earnings on higher revenues when Exelon (EXC - Free Report) reports results for the quarter ended June 2026. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 30. On the other hand, if they miss, the stock may move lower.

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.

Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $0.53 per share in its upcoming report, which represents a year-over-year change of +35.9%.

Revenues are expected to be $5.69 billion, up 4.8% from the year-ago quarter.

Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 3.91% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.

Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.

Price, Consensus and EPS Surprise

Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.

A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.

Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).

How Have the Numbers Shaped Up for Exelon?For Exelon, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -14.56%.

On the other hand, the stock currently carries a Zacks Rank of #2.

So, this combination makes it difficult to conclusively predict that Exelon will beat the consensus EPS estimate.

Does Earnings Surprise History Hold Any Clue?While calculating estimates for a company's future earnings, analysts often consider to what extent it has been able to match past consensus estimates. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.

For the last reported quarter, it was expected that Exelon would post earnings of $0.89 per share when it actually produced earnings of $0.91, delivering a surprise of +2.25%.

Over the last four quarters, the company has beaten consensus EPS estimates four times.

Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.

That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Exelon doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.

An Industry Player's Expected ResultsAnother stock from the Zacks Utility - Electric Power industry, Entergy (ETR - Free Report) , is soon expected to post earnings of $1.05 per share for the quarter ended June 2026. This estimate indicates no change from the year-ago quarter. Revenues for the quarter are expected to be $3.56 billion, up 6.9% from the year-ago quarter.

The consensus EPS estimate for Entergy has been revised 1% higher over the last 30 days to the current level. However, a lower Most Accurate Estimate has resulted in an Earnings ESP of -9.77%.

When combined with a Zacks Rank of #3 (Hold), this Earnings ESP makes it difficult to conclusively predict that Entergy will beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates two times.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.