This afternoon we watched Constellation Energy rise 5.3% to a price of $262.04 per share. The Large-Cap Electric Utilities company is now trading -5.64% below its average target price of $277.69. Analysts have set target prices ranging from $205.12 to $342.0 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 1.7%. The stock's short ratio is 1.71. 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 85.1%. In conclusion, we believe there is mixed market sentiment regarding Constellation Energy.
Institutions Invested in Constellation Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 12% | 36,693,945 | $9,615,281,661 |
| 2024-09-30 | Capital International Investors | 8% | 25,253,136 | $6,617,331,973 |
| 2024-09-30 | Blackrock Inc. | 7% | 21,787,366 | $5,709,161,572 |
| 2024-09-30 | State Street Corporation | 6% | 17,611,144 | $4,614,824,324 |
| 2024-09-30 | FMR, LLC | 5% | 17,016,337 | $4,458,961,092 |
| 2024-09-30 | Capital World Investors | 2% | 7,831,843 | $2,052,256,206 |
| 2024-09-30 | Coatue Management LLC | 2% | 7,726,108 | $2,024,549,406 |
| 2024-09-30 | Price (T.Rowe) Associates Inc | 2% | 7,503,367 | $1,966,182,352 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 6,628,141 | $1,736,838,124 |
| 2024-09-30 | Morgan Stanley | 2% | 6,264,170 | $1,641,463,160 |
