17,929 Shares in Exelon Corporation $EXC Bought by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI purchased a new stake in shares of Exelon Corporation (NASDAQ:EXC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 17,929 shares of the company’s stock, valued at approximately $836,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Motiv8 Investments LLC bought a new position in shares of Exelon in the 4th quarter valued at approximately $25,000. Leonteq Securities AG acquired a new position in shares of Exelon during the fourth quarter valued at about $26,000. Bell Investment Advisors Inc lifted its position in shares of Exelon by 113.4% in the 1st quarter. Bell Investment Advisors Inc now owns 540 shares of the company’s stock worth $26,000 after acquiring an additional 287 shares during the period. SHP Wealth Management bought a new position in Exelon in the fourth quarter worth $26,000. Finally, Eastern Bank bought a new position in shares of Exelon during the 2nd quarter worth about $26,000. 80.92% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently commented on EXC shares. Morgan Stanley reduced their target price on shares of Exelon from $56.00 to $55.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. TD Cowen decreased their price objective on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research report on Friday, May 15th. KeyCorp lowered their price target on shares of Exelon from $43.00 to $41.00 and set an “underweight” rating for the company in a research report on Wednesday, May 13th. Weiss Ratings cut Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Finally, Wells Fargo & Company set a $50.00 target price on shares of Exelon in a research note on Tuesday, April 21st. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $50.20.

Exelon Trading Down 0.6%

Shares of NASDAQ:EXC opened at $45.31 on Wednesday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 1.09. Exelon Corporation has a 52-week low of $42.58 and a 52-week high of $50.65. The company has a 50-day simple moving average of $46.32 and a 200 day simple moving average of $46.70. The company has a market capitalization of $46.77 billion, a P/E ratio of 16.60, a price-to-earnings-growth ratio of 2.77 and a beta of 0.31.

Exelon (NASDAQ:EXC) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The company had revenue of $5.97 billion during the quarter, compared to analyst estimates of $5.44 billion. Exelon had a net margin of 10.99% and a return on equity of 9.81%. The firm’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter last year, the company posted $0.39 EPS. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Sell-side analysts forecast that Exelon Corporation will post 2.86 earnings per share for the current year.

Exelon Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.42 per share. The ex-dividend date is Friday, September 4th. This represents a $1.68 annualized dividend and a yield of 3.7%. Exelon’s dividend payout ratio is presently 61.54%.

About Exelon

Exelon Corporation (NASDAQ: EXC) is a Chicago-based energy company that operates primarily as a regulated electric and natural gas utility holding company. The company’s businesses focus on the delivery of electricity and related services to residential, commercial and industrial customers, as well as investments in grid modernization, customer energy solutions and demand-side programs. Exelon’s operations emphasize reliable service delivery, infrastructure maintenance and regulatory compliance across its utility footprint.

Formed in 2000 through the merger of Unicom and PECO Energy, Exelon historically combined generation and regulated utility businesses.