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
0
Funds holding %
of 7,398 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
200% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 9 (+6) [Q4]
34% more call options, than puts
Call options by funds: $85.2M | Put options by funds: $63.6M
34% more first-time investments, than exits
New positions opened: 170 | Existing positions closed: 127
29% more repeat investments, than reductions
Existing positions increased: 445 | Existing positions reduced: 344
2.22% more ownership
Funds ownership: 67.47% [Q3] → 69.69% (+2.22%) [Q4]
1% more funds holding
Funds holding: 1,179 [Q3] → 1,193 (+14) [Q4]
8% less capital invested
Capital invested by funds: $24.2B [Q3] → $22.4B (-$1.83B) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$91
17%
downside
Avg. target
$99
10%
downside
High target
$113
3%
upside
5 analyst ratings
0 positive
0%
3 neutral
60%
2 negative
40%
UBS William Appicelli 45% 1-year accuracy 5 / 11 met price target | 3%upside $113 | Neutral Maintained | 21 Mar 2025 |
Morgan Stanley David Arcaro 50% 1-year accuracy 24 / 48 met price target | 17%downside $91 | Underweight Maintained | 20 Mar 2025 |
Scotiabank Andrew Weisel 79% 1-year accuracy 23 / 29 met price target | 8%downside $101 | Sector Perform Maintained | 24 Feb 2025 |
Barclays Nicholas Campanella 57% 1-year accuracy 43 / 75 met price target | 14%downside $95 | Underweight Maintained | 24 Feb 2025 |
Mizuho Anthony Crowdell 63% 1-year accuracy 15 / 24 met price target | 14%downside $95 | Neutral Maintained | 3 Feb 2025 |
Financial journalist opinion
Based on 9 articles about ED published over the past 30 days
Positive
Zacks Investment Research
5 hours ago
Why Investors Need to Take Advantage of These 2 Utilities Stocks Now
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Positive
Seeking Alpha
23 hours ago
Best Dividend Aristocrats For April 2025
Dividend Aristocrats are outperforming the S&P 500 in 2025, demonstrating resilience, with NOBL up 1.78% YTD versus SPY's 4.9% decline. Top performers include Consolidated Edison (+22.98%), Brown & Brown (+20.65%), and AbbVie (+16.61%), showcasing strong double-digit gains. 29 out of 69 Dividend Aristocrats have announced dividend increases in 2025, with an average growth rate of 4.15%.
Positive
Seeking Alpha
2 days ago
Buy 3 'Safer' Dividend Kings Of 25 From March's 55
The article highlights 55 Dividend Kings, noting that five of the top ten by yield offer annual dividends from a $1K investment exceeding their single share prices. Analysts predict top-ten Kingly net gains ranging from 12.57% to 50.26% for March 2026, with six out of ten top-yield Kings expected to be top gainers. Sixteen out of fifty-five Kings show negative free cash flow margins, making them cash-poor and unsafe to buy; focus on safer Kings like Altria, United Bankshares, and Hormel.
Positive
Seeking Alpha
1 week ago
2025 Dividend Kings: Strong Run Continues
The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings identified in February showed relative outperformance, averaging -0.38% vs. -1.58% for all Kings and -3.34% for SPY.
Positive
Seeking Alpha
1 week ago
Historic Dividend Outperformance
For year to date performance, the biggest losers are now mostly growth factors, whereas low volatility and dividend focused ETFs are actually still in the green so far in 2025. One of the most well-known dividend strategies is owning Dividend Aristocrats, of which the NOBL ETF tracks. In the 5 years since the COVID crash low, growth stocks have been the primary driver of the market, especially since the start of the AI boom beginning in late 2022.
Neutral
PRNewsWire
3 weeks ago
Con Edison Executives to Meet with Investors in March 2025
NEW YORK , March 6, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) executives will meet with investors the week of March 10, 2025, and the week of March 17, 2025. Copies of Con Edison's investor presentations for these meetings can be found on the Presentations & Webcasts page of Con Edison's website (Select "For Investors" and then select "Presentation & Webcasts").
Neutral
PRNewsWire
3 weeks ago
CON EDISON ANNOUNCES PUBLIC OFFERING OF COMMON SHARES
NEW YORK , March 4, 2025 /PRNewswire/ -- Consolidated Edison, Inc. ("Con Edison") (NYSE: ED) announced today it has agreed to issue 6,300,000 of its common shares. These common shares are being offered by Barclays under Con Edison's effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC").
Positive
24/7 Wall Street
4 weeks ago
February Worst Month Since September of 2023 – Grab Our 5 Favorite Dividend Aristocrats Now
The NASDAQ composite index has been scorching hot since the fall of 2022, as the Magnificent 7 drove the markets to all-time highs.
Positive
24/7 Wall Street
4 weeks ago
Market Correction Wake-Up Call? 4 Dependable High-Yield Dividend Kings to the Rescue
After back-to-back 20+ gains for the S&P 500 in 2023 and 2024, it's possible the first quarter of 2025 could end up down. Investors still have plenty of time to take some profits and shift portfolio allocations some.
Positive
Seeking Alpha
1 month ago
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group and Hormel Foods, are currently fair-priced, with dividends meeting or exceeding their single-share prices. Analysts predict net gains between 15% and 45.53% for the top-ten Dividend Kings by February 2026, based on target prices.
Charts implemented using Lightweight Charts™