Consolidated Edison
About: Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities generate nearly all of Con Ed's earnings following the sale of its clean energy business to RWE in early 2023.
Employees: 14,592
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 9 (+6) [Q4]
40% more first-time investments, than exits
New positions opened: 176 | Existing positions closed: 126
34% more call options, than puts
Call options by funds: $85.2M | Put options by funds: $63.6M
30% more repeat investments, than reductions
Existing positions increased: 447 | Existing positions reduced: 343
2.85% more ownership
Funds ownership: 66.89% [Q3] → 69.74% (+2.85%) [Q4]
2% more funds holding
Funds holding: 1,178 [Q3] → 1,200 (+22) [Q4]
7% less capital invested
Capital invested by funds: $24B [Q3] → $22.4B (-$1.62B) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Barclays Nicholas Campanella 57% 1-year accuracy 45 / 79 met price target | 10%downside $100 | Underweight Maintained | 22 Apr 2025 |
Citigroup Ryan Levine 50% 1-year accuracy 4 / 8 met price target | 8%upside $120 | Buy Maintained | 9 Apr 2025 |
UBS William Appicelli 55% 1-year accuracy 6 / 11 met price target | 2%upside $113 | Neutral Maintained | 21 Mar 2025 |
Morgan Stanley David Arcaro 48% 1-year accuracy 22 / 46 met price target | 18%downside $91 | Underweight Maintained | 20 Mar 2025 |
Scotiabank Andrew Weisel 86% 1-year accuracy 19 / 22 met price target | 9%downside $101 | Sector Perform Maintained | 24 Feb 2025 |
Financial journalist opinion
Based on 12 articles about ED published over the past 30 days









