This morning we watched Constellation Energy drop -1.2% to a price of $216.84 per share. The Large-Cap Electric Utilities company is now trading -7.84% below its average target price of $235.28. Analysts have set target prices ranging from $217.0 to $250.0 per share for Constellation Energy, and have given the stock an average rating of buy.
Constellation Energy's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.6%. The stock's short ratio is 1.09. The company's insiders own 0.23% 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 86.6%. In conclusion, we believe there is mixed market sentiment regarding Constellation Energy.
Institutions Invested in Constellation Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 12% | 36,953,676 | $8,013,034,968 |
| 2024-03-31 | Capital International Investors | 9% | 28,442,908 | $6,167,560,066 |
| 2024-03-31 | Blackrock Inc. | 7% | 22,721,272 | $4,926,880,537 |
| 2024-03-31 | Price (T.Rowe) Associates Inc | 6% | 19,268,795 | $4,178,245,437 |
| 2024-03-31 | FMR, LLC | 6% | 18,711,077 | $4,057,309,868 |
| 2024-03-31 | State Street Corporation | 5% | 16,633,300 | $3,606,764,711 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 7,547,465 | $1,636,592,282 |
| 2024-03-31 | Capital World Investors | 2% | 6,981,762 | $1,513,925,246 |
| 2024-03-31 | Franklin Resources, Inc. | 2% | 5,416,295 | $1,174,469,387 |
| 2024-03-31 | Bank Of New York Mellon Corporation | 2% | 5,245,240 | $1,137,377,822 |
