Consolidated Edison (ED)

• Market cap: $35B
• 1 day: -0.56%
• 5 days: 0.75%
• 1 month: -3.74%
• 3 months: -4.56%
• 6 months: -9.87%
• Year to date: 8.95%
• 1 year: -7.49%
• 5 years: 30.25%
• 10 years: 54.8%
• Sector: Utilities
• Industry: Electric Utilities

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: 15,097

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

35% more repeat investments, than reductions

Existing positions increased: 504 | Existing positions reduced: 373

19% more first-time investments, than exits

New positions opened: 131 | Existing positions closed: 110

11% more call options, than puts

Call options by funds: $168M | Put options by funds: $152M

0% less funds holding

Funds holding: 1,281 [Q1] → 1,276 (-5) [Q2]

0.74% less ownership

Funds ownership: 71.18% [Q1] → 70.44% (-0.74%) [Q2]

8% less capital invested

Capital invested by funds: $27.8B [Q1] → $25.5B (-$2.33B) [Q2]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q1] → 5 (-1) [Q2]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $88
• Avg. target: $101
• High target: $112

6 analyst ratings

• positive: 1 17%
• neutral: 1 17%
• negative: 4 67%

B of A Securities Ross Fowler	$101	Underperform Downgraded	15 Aug 2025
Barclays Nicholas Campanella	$107	Underweight Maintained	13 Aug 2025
Scotiabank Andrew Weisel	$106	Sector Perform Maintained	11 Aug 2025
Mizuho Anthony Crowdell	$112	Outperform Maintained	8 Aug 2025
Keybanc Eric Heath	$88	Underweight Maintained	16 Jul 2025