This morning we watched Constellation Energy drop -7.9% to a price of $175.17 per share. The Large-Cap Electric Utilities company is now trading -45.21% below its average target price of $319.71. Analysts have set target prices ranging from $256.54 to $385.0 per share for Constellation Energy, and have given the stock an average rating of buy.
The stock has an average amount of shares sold short at 2.9%, and a short ratio of 1.55. The company's insiders own 0.25% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 84.3% of Constellation Energy's shares being owned by this investor type.
Institutions Invested in Constellation Energy
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 12% | 37,181,532 | $6,513,088,892 |
| 2024-12-31 | Capital International Investors | 9% | 27,925,848 | $4,891,770,743 |
| 2024-12-31 | Blackrock Inc. | 8% | 23,601,447 | $4,134,265,427 |
| 2024-12-31 | State Street Corporation | 6% | 17,609,442 | $3,084,645,922 |
| 2024-12-31 | FMR, LLC | 5% | 14,356,324 | $2,514,797,248 |
| 2024-12-31 | Price (T.Rowe) Associates Inc | 3% | 8,060,065 | $1,411,881,571 |
| 2024-12-31 | Morgan Stanley | 2% | 7,461,124 | $1,306,965,077 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 6,795,189 | $1,190,313,244 |
| 2024-12-31 | Coatue Management LLC | 2% | 6,638,618 | $1,162,886,702 |
| 2024-12-31 | Bank Of New York Mellon Corporation | 1% | 4,472,118 | $783,380,901 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Constellation Energy.
