Constellation Energy plummeted to $170.15 per share this afternoon, but it remains 6.64% above its mean target price of $159.55. There may still be room for more downwards movement — even after today's -5.3% drop. Analysts are giving the Large-Cap Electric Utilities stock on average rating of buy, with target prices ranging from $116.0 to $201.0 per share.
Constellation Energy's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.9%. The stock's short ratio is 3.01. The company's insiders own 0.18% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 87.2%. In conclusion, we believe there is mixed market sentiment regarding Constellation Energy.
Institutions Invested in Constellation Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 12% | 36,651,945 | $6,236,328,218 |
| 2023-12-31 | Capital International Investors | 9% | 27,848,242 | $4,738,378,206 |
| 2023-12-31 | Blackrock Inc. | 7% | 22,564,592 | $3,839,365,191 |
| 2023-12-31 | FMR, LLC | 6% | 20,038,757 | $3,409,594,381 |
| 2023-12-31 | Price (T.Rowe) Associates Inc | 6% | 19,374,133 | $3,296,508,611 |
| 2023-12-31 | State Street Corporation | 6% | 17,768,428 | $3,023,297,915 |
| 2023-12-31 | Capital World Investors | 3% | 8,571,249 | $1,458,397,965 |
| 2023-12-31 | Geode Capital Management, LLC | 2% | 7,280,216 | $1,238,728,707 |
| 2023-12-31 | Orbis Allan Gray Ltd | 2% | 6,150,096 | $1,046,438,796 |
| 2023-12-31 | Putnam Investments LLC | 2% | 5,727,535 | $974,540,045 |
