Consolidated Edison, Inc. (ED)

Consolidated Edison's stock has been influenced by several events in the past six months. The company reported its second-quarter 2025 earnings, beating analysts' estimates, and announced a quarterly dividend. Analyst ratings and price targets have seen adjustments from firms like Mizuho, Scotiabank, Bank of America, New Street Research, Evercore ISI, Weiss Ratings, Barclays and Morgan Stanley. Con Edison filed amendments proposing to increase annual electric and natural gas delivery revenues. Additionally, Consolidated Edison, as a joint venture partner in the Mountain Valley Pipeline, was noted as the pipeline sought FERC approval for its "MVP Boost" project to add capacity.

Demand for Consolidated Edison's products and services exhibits seasonality. Electric peak demand occurs during the summer, steam demand is higher in the winter, and natural gas demand is impacted by colder weather. Con Edison offers programs like Budget Billing to help customers manage these fluctuations.

Consolidated Edison, Inc. is a major energy company based in New York City, delivering electricity, natural gas, and steam. It is involved in renewable energy solutions through its subsidiary, Con Edison Clean Energy Businesses.

Consolidated Edison primarily serves the New York metropolitan area through its subsidiaries, including Consolidated Edison Company of New York, Inc. which provides electric and gas service in New York City and Westchester County, New York, and steam service in Manhattan. Orange and Rockland Utilities, Inc. serves customers in southeastern New York and northern New Jersey. Con Edison Transmission, Inc. invests in electric and natural gas transmission projects.

Consolidated Edison's brand reputation has faced challenges and received positive contributions in the past year. A report criticized Con Edison's pricing, leading to calls for investigation. Con Edison awarded grants to local nonprofits, supporting climate resilience, clean energy careers, and environmental justice initiatives.

Consolidated Edison has a diverse ownership structure, with institutional investors holding a significant portion of the company's stock. Major institutional owners include Vanguard Group Inc, BlackRock, Inc., State Street Corp, and Bank Of America Corp /de/. Individual investors hold a notable percentage of the company's stock, while insiders own a small fraction.