Commonwealth Equity Services Cuts Exelon Stake by 10.4%, Selling 36,065 Shares
Commonwealth Equity Services LLC trimmed its stake in Exelon by 10.4% in the third quarter, selling 36,065 shares to leave 309,579 shares valued at $13.93 million. Institutional investors now own 80.92% of Exelon following these changes.
1. ComEd Launches $515,000 Power for Good Grants
Exelon’s regulated utility arm, ComEd, has opened applications for its annual Power for Good Grant Programs, allocating $515,000 in funding this year. The grants are distributed across three initiatives: the Green Region program (administered by Openlands) supports environmental sustainability projects; Powering Safe grants advance public safety and clean-transportation efforts; and a third fund expands community access to arts programs. Municipalities and nonprofit organizations in ComEd’s Northern Illinois service territory are eligible to apply through January 31, with awards to be announced in late spring. This initiative underscores Exelon’s commitment to community resilience and aligns with its broader grid-modernization strategy.
2. Commonwealth Equity Sells 36,065 Exelon Shares
In its latest 13F filing, Commonwealth Equity Services LLC reduced its stake in Exelon Corporation by 10.4% during the third quarter, selling 36,065 shares. Post-transaction, the firm holds 309,579 shares, valued at approximately $13.9 million as of quarter-end. Alongside Commonwealth Equity, several smaller asset managers either entered or boosted positions: Hager Investment Management doubled its holding to 670 shares in Q2; Elevation Point Wealth Partners, CoreFirst Bank & Trust and Investment Research & Advisory Group each initiated positions worth under $40,000; and Albion Financial Group UT increased its stake by 54.7% to 928 shares. Collectively, institutional investors now own roughly 81% of Exelon’s outstanding shares.
3. Exelon Reports Better-Than-Expected Q3 Results, Raises Guidance
On November 4, Exelon reported third-quarter adjusted EPS of $0.86, surpassing consensus estimates by $0.17, driven by strong performance in its power generation segment and lower operating expenses. Revenues reached $6.71 billion, topping forecasts by $310 million. The company posted a net margin of 11.6% and return on equity of 10.3%. In conjunction with these results, Exelon set its full-year 2025 EPS guidance range at $2.64–$2.74, compared with consensus expectations of $2.64. The board also declared a quarterly dividend of $0.40 per share, maintaining an annualized payout of $1.60 and a yield near 3.7%, reflecting confidence in free-cash-flow generation and balance-sheet strength.