Consolidated Edison

Consolidated Edison, Inc. (NYSE:ED) is a diversified utility with its toes in delivering electricity, steam, and gas all over America. The firm serves customers in New Jersey and New York.

Consolidated Edison, Inc. (NYSE:ED) is moving full steam ahead with the shift to green energy, as the firm is aim to spend a whopping $72 billion in New York for this purpose. Out of this, executives believe that spending by 2024 alone could be worth $15.7 billion.

Insider Monkey studied 920 hedge fund holdings to discover that 27 had bought Consolidated Edison, Inc. (NYSE:ED)’s shares in Q3 2022.

Consolidated Edison, Inc. (NYSE:ED)’s largest shareholder is Ken Griffin’s Citadel Investment Group which owns 1.5 million shares that are worth $134 million.