Constellation Energy surged to $296.65 per share this morning, but it remains 6.46% above its mean target price of $278.65. There may still be room for more downwards movement — even after today's 21.7% drop. Analysts are giving the Large-Cap Electric Utilities stock on average rating of buy, with target prices ranging from $226.32 to $348.0 per share.
Constellation Energy's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.8%. The stock's short ratio is 2.0. 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 84.9%. 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 | $10,885,442,209 |
| 2024-09-30 | Capital International Investors | 8% | 25,253,136 | $7,491,469,029 |
| 2024-09-30 | Blackrock Inc. | 7% | 21,787,366 | $6,463,331,034 |
| 2024-09-30 | State Street Corporation | 6% | 17,611,144 | $5,224,433,901 |
| 2024-09-30 | FMR, LLC | 5% | 17,016,337 | $5,047,981,431 |
| 2024-09-30 | Capital World Investors | 2% | 7,831,843 | $2,323,355,375 |
| 2024-09-30 | Coatue Management LLC | 2% | 7,726,108 | $2,291,988,559 |
| 2024-09-30 | Price (T.Rowe) Associates Inc | 2% | 7,503,367 | $2,225,911,328 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 6,628,141 | $1,966,271,160 |
| 2024-09-30 | Morgan Stanley | 2% | 6,264,170 | $1,858,297,343 |
