Consolidated Edison, Inc. (ED)

Over the past six months, Consolidated Edison's stock experienced a decline of 6.01%. The company announced quarterly earnings that beat analysts' estimates, although shares traded lower following solid Q1 results. Analyst ratings and price targets varied, with some firms lifting their price objectives while others downgraded the stock. The company declared a quarterly dividend of $0.85. The New York State Public Service Commission approved infrastructure projects, with Con Edison leading several. The stock became "oversold" on September 16, 2025, and its moving averages were $99.95 and $103.23 for 50-day and 200-day, respectively.

Demand for Consolidated Edison's products and services exhibits seasonality, primarily driven by weather conditions. Electric peak demand typically occurs during the summer air conditioning season. Natural gas and steam demand are generally higher during colder months for heating purposes.

Consolidated Edison, Inc. is a major energy company based in New York City, operating as a diversified utility holding company with both regulated and unregulated businesses. The company generates revenue through regulated utility operations, providing electricity, natural gas, and steam services to residential, commercial, and industrial customers. Con Edison also invests in renewable energy projects and offers energy efficiency programs. Additionally, the company invests in electric and natural gas transmission projects.

Consolidated Edison's service territory primarily covers the New York metropolitan area, including New York City and Westchester County, New York, through its subsidiary, Consolidated Edison Company of New York, Inc. Another subsidiary, Orange and Rockland Utilities, Inc., serves customers in southeastern New York, northern New Jersey, and parts of Pennsylvania.

Con Edison has a long-standing history and is recognized as one of the oldest utility companies in the U.S. The company emphasizes reliability and safety in its energy services. In the past year, Con Edison has focused on clean energy and sustainability, investing in renewable energy projects and smart grid technologies. The company has also been actively investing in infrastructure upgrades to ensure reliable service.

Consolidated Edison, Inc. has a mixed ownership structure. Institutional investors hold a significant portion of the company's stock, approximately 70.39% to 72%. The Vanguard Group, Inc. is the largest institutional shareholder. Individual investors hold approximately 27% to 44.33% of the company's stock. Insiders own a small percentage, under 1%, of the company.