Allianz SE Acquires 16,000 Shares of Exelon Corporation $EXC

Allianz SE raised its holdings in Exelon Corporation (NASDAQ:EXC) by 10.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 174,015 shares of the company’s stock after purchasing an additional 16,000 shares during the period. Allianz SE’s holdings in Exelon were worth $7,832,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in EXC. Allianz Asset Management GmbH increased its position in shares of Exelon by 170.8% in the third quarter. Allianz Asset Management GmbH now owns 4,504,366 shares of the company’s stock worth $202,742,000 after purchasing an additional 2,841,118 shares during the period. ATLAS Infrastructure Partners UK Ltd. lifted its position in Exelon by 3.6% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 6,003,808 shares of the company’s stock worth $260,685,000 after purchasing an additional 208,242 shares during the period. Maryland State Retirement & Pension System grew its stake in Exelon by 3.0% during the third quarter. Maryland State Retirement & Pension System now owns 987,350 shares of the company’s stock worth $44,441,000 after buying an additional 28,443 shares in the last quarter. First Citizens Bank & Trust Co. bought a new position in Exelon in the 3rd quarter valued at about $10,875,000. Finally, Exchange Traded Concepts LLC raised its position in shares of Exelon by 92.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 53,711 shares of the company’s stock valued at $2,418,000 after buying an additional 25,863 shares in the last quarter. 80.92% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have commented on EXC. Mizuho boosted their price objective on shares of Exelon from $47.00 to $51.00 and gave the company an “outperform” rating in a research report on Friday, February 13th. Morgan Stanley reiterated an “underperform” rating and issued a $51.00 price target on shares of Exelon in a research note on Wednesday, January 21st. UBS Group upped their price objective on Exelon from $48.00 to $51.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Jefferies Financial Group reduced their price objective on Exelon from $57.00 to $55.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Finally, Scotiabank boosted their target price on Exelon from $46.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Friday, February 13th. Eight research analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $50.14.

Exelon Stock Performance

Shares of EXC opened at $49.47 on Friday. The company has a current ratio of 0.92, a quick ratio of 0.84 and a debt-to-equity ratio of 1.66. The firm’s fifty day simple moving average is $45.02 and its two-hundred day simple moving average is $45.10. Exelon Corporation has a 12 month low of $41.71 and a 12 month high of $49.88. The stock has a market capitalization of $50.60 billion, a P/E ratio of 18.12, a price-to-earnings-growth ratio of 2.85 and a beta of 0.45.

Exelon (NASDAQ:EXC) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. Exelon had a return on equity of 9.97% and a net margin of 11.41%.During the same period in the prior year, the business posted $0.64 EPS. Exelon’s revenue for the quarter was down 1.1% compared to the same quarter last year. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. As a group, analysts predict that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, March 2nd. This is a positive change from Exelon’s previous quarterly dividend of $0.40. Exelon’s dividend payout ratio (DPR) is currently 58.61%.

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.