Consolidated Edison's $360M Volume Surge Propels It to 414th in Market Activity on Dividend and Earnings Hike
On July 31, 2025, Consolidated EdisonED-- (ED) saw a 123.6% surge in trading volume to $0.36 billion, ranking 414th in market activity. The stock closed 0.89% higher, driven by a dividend announcement and revised earnings forecasts.
Zacks Research raised its Q2 2025 EPS estimate for ED to $0.62 from $0.57, reflecting improved expectations for the utility provider. The company also declared a quarterly dividend of $0.85 per share, translating to a 3.33% annualized yield. Analysts from CitigroupC--, KeyCorpKEY--, and MizuhoMFG-- adjusted their price targets upward, while BarclaysBCS-- and Guggenheim maintained or revised ratings, contributing to a mixed but generally constructive outlook.
Institutional investors increased their stakes in ED during the second and fourth quarters. Exchange Traded Concepts LLC and Capital Advisors Ltd. LLC expanded holdings, while Glen Eagle Advisors LLC and Western Wealth Management LLC added to positions in late 2024. Institutional ownership now accounts for 66.29% of the stock.
The strategy of purchasing the top 500 stocks by daily trading volume and holding them for one day delivered a 166.71% return from 2022 to the present. This outperformed the benchmark return of 29.18%, generating an excess return of 137.53%. The strategy effectively captured market momentum while managing risk, as evidenced by its performance despite recent fluctuations in stock rankings and trading volumes.

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