denkapparat Operations GmbH Purchases 1,682 Shares of Exelon Corporation $EXC

denkapparat Operations GmbH lifted its position in Exelon Corporation (NASDAQ:EXC) by 15.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,904 shares of the company’s stock after buying an additional 1,682 shares during the quarter. denkapparat Operations GmbH’s holdings in Exelon were worth $560,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Providence Wealth Advisors LLC raised its holdings in Exelon by 0.6% in the 1st quarter. Providence Wealth Advisors LLC now owns 39,342 shares of the company’s stock worth $1,802,000 after acquiring an additional 217 shares during the period. Hazlett Burt & Watson Inc. grew its position in shares of Exelon by 46.4% in the first quarter. Hazlett Burt & Watson Inc. now owns 694 shares of the company’s stock valued at $32,000 after purchasing an additional 220 shares during the last quarter. CWM LLC grew its position in shares of Exelon by 0.7% in the first quarter. CWM LLC now owns 33,775 shares of the company’s stock valued at $1,556,000 after purchasing an additional 226 shares during the last quarter. Boyd Watterson Asset Management LLC OH increased its stake in shares of Exelon by 4.8% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 5,030 shares of the company’s stock worth $218,000 after purchasing an additional 229 shares during the period. Finally, Catalyst Financial Partners LLC lifted its position in shares of Exelon by 2.4% during the 1st quarter. Catalyst Financial Partners LLC now owns 9,761 shares of the company’s stock worth $450,000 after purchasing an additional 230 shares during the last quarter. 80.92% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on EXC. Wells Fargo & Company upgraded Exelon to a “strong-buy” rating in a research note on Tuesday, October 28th. BTIG Research assumed coverage on Exelon in a research report on Tuesday, October 21st. They issued a “neutral” rating for the company. TD Cowen assumed coverage on shares of Exelon in a research report on Thursday, October 16th. They set a “hold” rating and a $49.00 target price on the stock. Morgan Stanley upped their target price on shares of Exelon from $49.00 to $53.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 22nd. Finally, Evercore ISI assumed coverage on shares of Exelon in a report on Monday, October 6th. They issued an “outperform” rating and a $57.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $50.55.

Exelon Stock Performance

EXC opened at $45.44 on Wednesday. The stock’s 50 day simple moving average is $45.49 and its 200-day simple moving average is $44.49. The company has a current ratio of 0.95, a quick ratio of 0.85 and a debt-to-equity ratio of 1.66. The stock has a market cap of $45.91 billion, a PE ratio of 17.28, a P/E/G ratio of 2.93 and a beta of 0.44. Exelon Corporation has a 1 year low of $35.94 and a 1 year high of $48.51.

Exelon (NASDAQ:EXC) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.17. The firm had revenue of $6.71 billion for the quarter, compared to the consensus estimate of $6.40 billion. Exelon had a net margin of 11.16% and a return on equity of 9.85%. Exelon has set its FY 2025 guidance at 2.640-2.740 EPS. Sell-side analysts forecast that Exelon Corporation will post 2.64 EPS for the current year.

Exelon Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 15th. Investors of record on Monday, November 10th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, November 10th. This represents a $1.60 dividend on an annualized basis and a yield of 3.5%. Exelon’s payout ratio is presently 57.35%.

Exelon Profile

Exelon Corporation, a utility services holding company, engages in the energy distribution and transmission businesses in the United States and Canada. The company is involved in the purchase and regulated retail sale of electricity and natural gas, transmission and distribution of electricity, and distribution of natural gas to retail customers.