In this article, we will discuss: 10 Best Performing Electrical Infrastructure Stocks in 2025.
The fundamental goal of dozens of electrical utility companies is to produce and provide electricity to customers. Moreover, these businesses collaborate to maintain the infrastructure that supports the country’s electrical grid, guaranteeing its reliability.
According to a Bloomberg story on November 28, US utility stocks saw a decline in late November following an uptick fueled by optimism that artificial intelligence would significantly boost demand for electricity. As investors priced in massive data-center power contracts, shares had risen to all-time highs. However, optimism faded when a number of projects seemed smaller or took longer than expected to finish. Bloomberg further reported that the S&P 500 Utilities Index, which hit an all-time high in October, was on course for its worst monthly performance since August.
During that time, a number of significant power producers experienced significant declines from their recent highs. One large producer fell around 11% from its October peak after third-quarter results that included no information on new power generation or data-center contracts, triggering a Jefferies analyst note headlined “No Data Center Deals.” Moreover, analysts also noted a slower pace of data-center announcements than anticipated, which caused another producer to drop almost 16% from mid-October levels. Furthermore, companies adjusted their EBITDA estimate or narrowed the top end of their earnings-per-share forecasts to temper expectations, whereas others kept their forecasts in place despite market expectations for growth.
Travis Miller, a utility analyst for Morningstar, commented that if the electricity demand growth doesn’t show up, then utilities look overvalued where they’re trading. Meanwhile, KeyBanc Capital Markets utility analyst Sophie Karp continued that there is no bubble in utilities, and until they witness the next phase of expansion, the market is pausing.
With that said, here are the 10 Best Performing Electrical Infrastructure Stocks in 2025.
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Our Methodology
We began with a pool of 20 Electrical Infrastructure stocks from the ETFs and market screeners and identified stocks that have delivered positive returns in 2025 so far. We then picked the top 10 stocks with the highest Year-to-Date return as of December 15. We have also mentioned the number of hedge fund holders for each stock using Insider Monkey’s database of hedge funds as of Q3 2025. The stocks are ranked in ascending order of their year-to-date performance.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 427.7% since May 2014, beating its benchmark by 264 percentage points (see more details here).
10. DTE Energy Company (NYSE:DTE)
Year-to-date return as of December 15: 6.76%
Number of Hedge Fund Holders: 32
DTE Energy Company (NYSE:DTE) is one of the Best Performing Stocks.
On December 17, 2025, TheFly reported that UBS analyst William Appicelli maintained a Buy recommendation on DTE Energy Company (NYSE:DTE) shares and lowered the price objective to $151 from $155.
Separately, on December 11, 2025, TheFly reported that Jefferies upgraded DTE Energy Company (NYSE:DTE) from Hold to Buy and increased its price objective from $149 to $150.
In contrast to the company’s Q3 estimate of 7.2% and its previous 7.6% forecast, Jefferies analyst Julien Dumoulin-Smith now projects an 8.1% compound annual EPS growth rate for 2026-2030. Expectations related to data center prospects are included in the upgrade. Jefferies added 1.5 gigawatts of data center-associated demand to its projections in early 2026. Jefferies stated that it has confidence in an EPS growth rate of more than 8% through 2030 based on this development.
On the same day, JPMorgan dropped its price target for DTE Energy Company (NYSE:DTE) to $145 from $151. The firm retained a Neutral rating, according to TheFly. The modification came when the North American utilities business updated its models, as stated by JPMorgan.
DTE Energy Company (NYSE:DTE) owns two regulated utilities in Michigan, which account for 90% of earnings. DTE Electric has over 2.3 million consumers in southeastern Michigan, including Detroit.
9. Duke Energy Corporation (NYSE:DUK)
Year-to-date return as of December 15: 8.28%
Number of Hedge Fund Holders: 62
Duke Energy Corporation (NYSE:DUK) is one of the Best Performing Stocks.
According to TheFly, Duke Energy Corporation (NYSE:DUK) submitted requests for updated rates at its two utilities in the state, Duke Energy Carolinas and Duke Energy Progress, to the North Carolina Utilities Commission on November 21.
In the submission, Duke Energy Carolinas requests a $1 billion yearly revenue boost, which would include $727 million in 2027 and $275 million in 2028. This would be a rise of 15% above current revenues. The $729 million request for Duke Energy Progress includes $200 million in 2028 and $528 million in 2027, a 15.1% growth above current revenues. Subject to regulatory approval, the demands depend on a 53% equity capital structure and a proposed 10.95% return on equity.
The expected advantages associated with nuclear production tax credits are also stated in the filing. Through 2032, Duke Energy Corporation (NYSE:DUK)’s nuclear plants are anticipated to produce tax credits worth hundreds of millions of dollars. Customers of Duke Energy Carolinas receive $150 million in nuclear production tax credits in 2025–2026 at current rates. The fresh proposal would extend nuclear production tax credits to Duke Energy Progress customers while also introducing solar and hydro tax incentives for both utilities. Duke Energy Corporation (NYSE:DUK) also stated that a proposed merger of Duke Energy Carolinas and Duke Energy Progress will save customers over $1 billion in future expenses.
Duke Energy Corporation (NYSE:DUK) is one of the largest utilities in the United States, having regulated utilities in the Carolinas, Indiana, Florida, Ohio, and Kentucky.
8. Consolidated Edison, Inc. (NYSE:ED)
Year-to-date return as of December 15: 11.25%
Number of Hedge Fund Holders: 43
Consolidated Edison, Inc. (NYSE:ED) is among the Best Performing Stocks.
On December 16, 2025, Thefly revealed that Morgan Stanley kept its Underweight rating on Consolidated Edison, Inc. (NYSE:ED) while cutting its price objective from $98 to $92. According to a year-ahead statement, data centers will have a significant impact on utility performance and growth in 2026.
Earlier on December 12, 2025, KeyBanc reaffirmed its Underweight rating and reduced its price objective for Consolidated Edison, Inc. (NYSE:ED) from $90 to $86. The firm attributed the pressure on valuation to the unfavorable political situation in New York, the lack of growth prospects, and the anticipation of additional share shrinkage.
Separately, Consolidated Edison, Inc. (NYSE:ED)’s subsidiary signed a purchase and sale contract on November 24, 2025. The deal is to sell its about 6.6% stake in Mountain Valley Pipeline, LLC, in accordance with a regulatory filing made public on November 25, 2025. An Ares Management fund will purchase the stake, which includes shares in the Mountain Valley Pipeline and the Mountain Valley Pipeline Mainline Expansion, for $357.5 million. Accrued taxes, performance guarantees, pre-closing payouts, and pre-closing capital contributions will all be factored into the base purchase price. The deal is anticipated to close in the first half of 2026, depending on potential preferential rights and usual closing conditions.
Consolidated Edison, Inc. (NYSE:ED) is a holding company for Orange & Rockland and Consolidated Edison of New York. Customers in southeastern New York, including New York City, and some areas of New Jersey receive electricity, natural gas, and steam from these utilities.
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