This morning we watched Constellation Energy drop -3.8% to a price of $244.02 per share. The Large-Cap Electric Utilities company is now trading -12.72% below its average target price of $279.59. Analysts have set target prices ranging from $226.32 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 2.0%. The stock's short ratio is 1.66. 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 84.8%. 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 | $8,954,056,615 |
| 2024-09-30 | Capital International Investors | 8% | 25,253,136 | $6,162,270,354 |
| 2024-09-30 | Blackrock Inc. | 7% | 21,787,366 | $5,316,553,144 |
| 2024-09-30 | State Street Corporation | 6% | 17,611,144 | $4,297,471,434 |
| 2024-09-30 | FMR, LLC | 5% | 17,016,337 | $4,152,326,627 |
| 2024-09-30 | Capital World Investors | 2% | 7,831,843 | $1,911,126,362 |
| 2024-09-30 | Coatue Management LLC | 2% | 7,726,108 | $1,885,324,907 |
| 2024-09-30 | Price (T.Rowe) Associates Inc | 2% | 7,503,367 | $1,830,971,647 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 6,628,141 | $1,617,398,995 |
| 2024-09-30 | Morgan Stanley | 2% | 6,264,170 | $1,528,582,790 |
