5 Best Electrical Infrastructure Stocks to Buy Now

4. Exelon Corporation (NASDAQ:EXC)

Number of Hedge Fund Holders: 37

Exelon Corporation (NASDAQ:EXC) is a key player in the energy distribution and transmission sectors across the United States and Canada. The company is primarily involved in the regulated retail sale of electricity and natural gas, as well as the transmission and distribution of electricity.

Exelon Corporation (NASDAQ:EXC) received an upgrade from Mizuho on January 10, transitioning from Neutral to Buy, with a revised price target of $39, up from $36. Mizuho’s upgrade reflects their confidence in Exelon’s conservative earnings and capital assumptions, particularly in response to recent developments in Illinois.

Insider Monkey’s fourth-quarter database reveals that 37 hedge funds maintained long positions in Exelon Corporation (NASDAQ:EXC), compared to 36 funds in the previous quarter. Notably, Eric W. Mandelblatt’s Soroban Capital Partners emerged as the leading stakeholder of the company, holding nearly 8 million shares valued at $286 million.