Constellation EnergyCEG
Market Cap: $54.1B
About: Constellation Energy Corp offers energy solutions. It provides clean energy and sustainable solutions to homes, businesses, the public sector, community aggregations, and a range of wholesale customers (such as municipalities, cooperatives, and other strategics). The company offers comprehensive energy solutions and a variety of pricing options for electric, natural gas, and renewable energy products for companies of any size.
Employees: 13,871
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
164% more first-time investments, than exits
New positions opened: 214 | Existing positions closed: 81
107% more funds holding in top 10
Funds holding in top 10: 14 [Q1] → 29 (+15) [Q2]
36% more repeat investments, than reductions
Existing positions increased: 483 | Existing positions reduced: 356
12% more funds holding
Funds holding: 1,146 [Q1] → 1,279 (+133) [Q2]
6% more capital invested
Capital invested by funds: $48.1B [Q1] → $50.9B (+$2.79B) [Q2]
3% less call options, than puts
Call options by funds: $637M | Put options by funds: $658M
1.7% less ownership
Funds ownership: 82.26% [Q1] → 80.55% (-1.7%) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
B of A Securities Paul Zimbardo 100% 1-year accuracy 2 / 2 met price target | 20%upside $208 | Neutral Maintained | 29 Aug 2024 |
Morgan Stanley David Arcaro 58% 1-year accuracy 25 / 43 met price target | 35%upside $233 | Overweight Maintained | 23 Aug 2024 |
Mizuho Anthony Crowdell 70% 1-year accuracy 23 / 33 met price target | 9%upside $189 | Neutral Maintained | 14 Aug 2024 |
Barclays Nicholas Campanella 93% 1-year accuracy 38 / 41 met price target | 22%upside $211 | Overweight Initiated | 8 Aug 2024 |
UBS Ross Fowler 50% 1-year accuracy 3 / 6 met price target | 33%upside $230 | Buy Maintained | 7 Aug 2024 |
Financial journalist opinion
Based on 8 articles about CEG published over the past 30 days