11 Most Profitable Utility Stocks to Buy According to Hedge Funds

8. Exelon Corporation (NASDAQ:EXC)

Number of Hedge Fund Holders: 48 

Exelon Corporation (NASDAQ:EXC), a major U.S. energy provider, operates four key utility units, ComEd, PECO, BGE, and PHI, serving electricity transmission, distribution, and retail natural gas customers across multiple regions. The company focuses on operational excellence, grid modernization, customer affordability, and energy security.

In Q2 2025, Exelon Corporation (NASDAQ:EXC) reported adjusted operating earnings of $0.39 per share, slightly lower year-over-year but within guidance, despite severe storms that caused peak outages for over 325,000 PECO customers. Strong financial performance was supported by distribution and transmission rate increases and regulatory asset returns. The business reaffirmed its 2025 earnings outlook and its long-term goal of 5–7% annual EPS growth through 2028.

CEO Calvin Butler highlighted balanced investments, innovative customer solutions, and utility-owned generation as strategies to ensure resource adequacy and long-term reliability. Exelon Corporation (NASDAQ:EXC) also declared a $0.40 quarterly dividend, maintaining stable shareholder returns. Institutional interest has grown in 2025, with notable stakes from Invesco Ltd. and MUFG Securities.

The stock has shown strong momentum over the past year, outperforming both the S&P 500 and utility sector peers, underscoring investor confidence in the corporation’s steady growth and clean energy transition plans.