Deutsche Bank AG Invests $567.51 Million in Exelon Corporation $EXC

Deutsche Bank AG purchased a new position in shares of Exelon Corporation (NASDAQ:EXC) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,173,111 shares of the company’s stock, valued at approximately $567,510,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Resonant Capital Advisors LLC boosted its holdings in Exelon by 2.4% in the 1st quarter. Resonant Capital Advisors LLC now owns 9,392 shares of the company’s stock valued at $460,000 after purchasing an additional 217 shares in the last quarter. PFG Investments LLC raised its stake in shares of Exelon by 1.6% during the 1st quarter. PFG Investments LLC now owns 14,242 shares of the company’s stock worth $698,000 after buying an additional 218 shares in the last quarter. Texas Bank & Trust Co lifted its holdings in shares of Exelon by 1.5% in the 1st quarter. Texas Bank & Trust Co now owns 15,410 shares of the company’s stock valued at $755,000 after buying an additional 229 shares during the period. Westfuller Advisors LLC lifted its holdings in shares of Exelon by 12.5% in the 1st quarter. Westfuller Advisors LLC now owns 2,091 shares of the company’s stock valued at $103,000 after buying an additional 232 shares during the period. Finally, Verdence Capital Advisors LLC lifted its holdings in shares of Exelon by 2.8% in the 4th quarter. Verdence Capital Advisors LLC now owns 8,634 shares of the company’s stock valued at $376,000 after buying an additional 233 shares during the period. Institutional investors and hedge funds own 80.92% of the company’s stock.

Analyst Upgrades and Downgrades

EXC has been the topic of a number of recent analyst reports. KeyCorp dropped their price objective on Exelon from $43.00 to $41.00 and set an “underweight” rating on the stock in a report on Wednesday, May 13th. Wells Fargo & Company set a $50.00 target price on Exelon in a report on Tuesday, April 21st. Royal Bank Of Canada decreased their target price on shares of Exelon from $51.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Monday, April 20th. TD Cowen lowered their price target on shares of Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a research note on Friday, May 15th. Finally, Weiss Ratings cut shares of Exelon from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 9th. Four investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $50.20.

Exelon Price Performance

EXC stock opened at $45.57 on Tuesday. The firm has a 50 day moving average of $46.32 and a 200-day moving average of $46.69. Exelon Corporation has a 12-month low of $42.58 and a 12-month high of $50.65. The company has a current ratio of 1.09, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The company has a market cap of $47.04 billion, a price-to-earnings ratio of 16.69, a PEG ratio of 2.77 and a beta of 0.31.

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

Exelon Dividend Announcement

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

Exelon Company Profile

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.