Allianz Asset Management GmbH Has $331.81 Million Stock Position in Exelon Corporation $EXC

Allianz Asset Management GmbH raised its stake in shares of Exelon Corporation (NASDAQ:EXC) by 69.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,612,010 shares of the company’s stock after purchasing an additional 3,107,644 shares during the quarter. Allianz Asset Management GmbH’s holdings in Exelon were worth $331,808,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Optima Capital LLC acquired a new stake in Exelon during the fourth quarter valued at approximately $25,000. Beacon Financial Strategies CORP acquired a new stake in Exelon during the fourth quarter valued at approximately $26,000. Leonteq Securities AG acquired a new stake in Exelon during the fourth quarter valued at approximately $26,000. Hilton Head Capital Partners LLC acquired a new stake in Exelon during the fourth quarter valued at approximately $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in Exelon by 289.0% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 778 shares of the company’s stock valued at $34,000 after purchasing an additional 578 shares in the last quarter. 80.92% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

EXC has been the topic of a number of recent research reports. KeyCorp decreased 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. Wall Street Zen raised Exelon from a “sell” rating to a “hold” rating in a report on Sunday, February 22nd. Wells Fargo & Company set a $50.00 target price on Exelon in a report on Tuesday, April 21st. Jefferies Financial Group downgraded Exelon from a “buy” rating to a “hold” rating and reduced their target price for the stock from $55.00 to $50.00 in a report on Monday, April 20th. Finally, TD Cowen reduced their target price on Exelon from $51.00 to $49.00 and set a “hold” rating on the stock in a report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $50.27.

Exelon Stock Performance

EXC stock opened at $45.33 on Wednesday. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.94 and a quick ratio of 0.85. The company has a 50 day moving average price of $46.39 and a 200 day moving average price of $45.98. Exelon Corporation has a fifty-two week low of $42.15 and a fifty-two week high of $50.65. The stock has a market capitalization of $46.38 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 2.60 and a beta of 0.31.

Exelon (NASDAQ:EXC) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.88 by $0.03. Exelon had a net margin of 11.21% and a return on equity of 9.83%. The firm had revenue of $7.24 billion during the quarter, compared to analysts’ expectations of $6.93 billion. During the same quarter in the previous year, the company posted $0.92 EPS. Exelon’s revenue was up 7.9% on a year-over-year basis. Exelon has set its FY 2026 guidance at 2.810-2.910 EPS. Analysts forecast that Exelon Corporation will post 2.86 EPS for the current year.

Exelon Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Thursday, June 4th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 3.7%. The ex-dividend date is Thursday, June 4th. Exelon’s payout ratio is 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.