Exelon Corp. (NYSE:EXC) gapped up before the market opened on Friday . The stock had previously closed at $36.38, but opened at $36.46. Exelon Corp. shares last traded at $37.39, with a volume of 2,956,913 shares traded.

A number of research firms have recently commented on EXC. Zacks Investment Research raised Exelon Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, April 14th. Deutsche Bank AG lowered Exelon Corp. from a “buy” rating to a “hold” rating and raised their price target for the stock from $34.00 to $36.00 in a research report on Monday, April 18th. They noted that the move was a valuation call. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and set a $37.00 price target (up previously from $34.70) on shares of Exelon Corp. in a research report on Monday, April 11th. Wolfe Research lowered Exelon Corp. from an “outperform” rating to a “market perform” rating in a research report on Thursday, March 24th. Finally, Jefferies Group reiterated a “buy” rating and set a $40.00 price objective (up from $36.00) on shares of Exelon Corp. in a report on Tuesday, May 10th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and twelve have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $35.85.

The company has a market capitalization of $34.49 billion and a PE ratio of 19.39. The firm’s 50-day moving average is $35.47 and its 200 day moving average is $33.49.

Exelon Corp. (NYSE:EXC) last issued its quarterly earnings data on Friday, May 6th. The energy giant reported $0.68 EPS for the quarter, hitting analysts’ consensus estimates of $0.68. During the same period in the prior year, the business earned $0.71 EPS. Equities analysts anticipate that Exelon Corp. will post $2.53 earnings per share for the current fiscal year.

In other Exelon Corp. news, CEO Kenneth W. Cornew sold 30,000 shares of the business’s stock in a transaction that occurred on Friday, July 15th. The stock was sold at an average price of $36.47, for a total transaction of $1,094,100.00. Following the completion of the sale, the chief executive officer now directly owns 32,844 shares of the company’s stock, valued at approximately $1,197,820.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Mayo A. Shattuck III sold 327,000 shares of the business’s stock in a transaction that occurred on Thursday, May 12th. The stock was sold at an average price of $35.30, for a total value of $11,543,100.00. Following the sale, the chairman now directly owns 760,938 shares of the company’s stock, valued at $26,861,111.40. The disclosure for this sale can be found here.

A number of hedge funds recently modified their holdings of EXC. Twin Capital Management Inc. raised its stake in shares of Exelon Corp. by 26.1% in the fourth quarter. Twin Capital Management Inc. now owns 57,200 shares of the energy giant’s stock worth $1,588,000 after buying an additional 11,850 shares in the last quarter. Gulf International Bank UK Ltd raised its stake in shares of Exelon Corp. by 2.1% in the fourth quarter. Gulf International Bank UK Ltd now owns 250,207 shares of the energy giant’s stock worth $6,948,000 after buying an additional 5,250 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its stake in shares of Exelon Corp. by 46.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 196,767 shares of the energy giant’s stock worth $5,464,000 after buying an additional 62,396 shares in the last quarter. Deere & Co. raised its stake in shares of Exelon Corp. by 9.8% in the fourth quarter. Deere & Co. now owns 100,479 shares of the energy giant’s stock worth $2,790,000 after buying an additional 8,955 shares in the last quarter. Finally, Utah Retirement Systems raised its stake in shares of Exelon Corp. by 6.9% in the fourth quarter. Utah Retirement Systems now owns 164,865 shares of the energy giant’s stock worth $4,578,000 after buying an additional 10,700 shares in the last quarter.

Exelon Corporation is a utility services holding company. The Company operates through nine segments consisting of Exelon Generation Company, LLC’s (Generation’s) six power marketing segments, including Mid-Atlantic, Midwest, New England, New York, ERCOT and other regions; Commonwealth Edison Company (ComEd); PECO Energy Company (PECO), and Baltimore Gas and Electric Company (BGE).

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