Constellation Energy
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)
176% more first-time investments, than exits
New positions opened: 218 | Existing positions closed: 79
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: 484 | Existing positions reduced: 356
12% more funds holding
Funds holding: 1,146 [Q1] → 1,285 (+139) [Q2]
6% more capital invested
Capital invested by funds: $48.1B [Q1] → $50.9B (+$2.8B) [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] → 80.56% (-1.7%) [Q2]
Research analyst outlook
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
RBC Capital Shelby Tucker 85% 1-year accuracy 22 / 26 met price target | 5%downside $272 | Sector Perform Maintained | 3 Oct 2024 |
Keybanc Sangita Jain 97% 1-year accuracy 28 / 29 met price target | 2%downside $279 | Overweight Maintained | 30 Sept 2024 |
B of A Securities Paul Zimbardo 100% 1-year accuracy 4 / 4 met price target | 8%downside $263 | Neutral Maintained | 24 Sept 2024 |
BMO Capital James Thalacker 91% 1-year accuracy 61 / 67 met price target | 3%downside $278 | Outperform Maintained | 24 Sept 2024 |
UBS Ross Fowler 87% 1-year accuracy 13 / 15 met price target | 8%upside $307 | Buy Maintained | 24 Sept 2024 |
Financial journalist opinion
Based on 48 articles about CEG published over the past 30 days