ED Consolidated Edison Co Of New York Inc

Consolidated Edison Inc. (Con Edison) incorporated in New York State in 1997, is a holding company that owns all of the outstanding common stock of Consolidated Edison Company of New York Inc. (CECONY), Orange and Rockland Utilities Inc. (O&R), Con Edison Clean Energy Businesses Inc. and Con Edison Transmission Inc. As used in this report, the term the “Companies” refers to Con Edison and CECONY.

Company profile

Ticker

Website

Incorporated in

Location

Fiscal year end

Industry (SEC)

Electric & Other Services Combined

PG&E • Ameren • CMS Energy • Pacific Gas & Electric • Xcel Energy • Public Service Electric & Gas • Evergy Kansas Central • Dominion Energy South Carolina • Public Service Enterprise • Exelon ...

SEC CIK

0000023632

Corporate docs

Articles of Incorporation & Bylaws

Company financial data Financial data

Chart ED financial data

Quarter (USD)	Sep 19	Jun 19	Mar 19	Dec 18
Revenue	3.37B	2.74B	3.51B	2.95B
Net income	473M	152M	424M	331M
Diluted EPS	1.42	0.46	1.31	1.05
Net profit margin	14.06%	5.54%	12.07%	11.22%
Operating income	867M	458M	786M	657M
Net change in cash	-753M	425M	-489M	696M
Cash on hand	78M	831M	406M	895M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Revenue	12.34B	12.03B	12.08B	12.55B
Net income	1.38B	1.53B	1.25B	1.19B
Diluted EPS	4.42	4.94	4.12	4.05
Net profit margin	11.20%	12.67%	10.31%	9.50%
Operating income	2.66B	2.77B	2.78B	2.43B
Net change in cash	98M	21M	-168M	245M
Cash on hand	895M	797M	776M	944M

Financial data from company earnings reports

Institutional ownership Q4 2019

ED institutional ownership history Ownership history

60.7% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	955	931	+2.6%
Opened positions	109	89	+22.5%
Closed positions	85	69	+23.2%
Increased positions	307	324	-5.2%
Reduced positions	302	276	+9.4%

13F shares	Current	Prev Q	Change
Total value	291.92B	297.1B	-1.7%
Total shares	201.87M	199.41M	+1.2%
Total puts	521.81K	379.8K	+37.4%
Total calls	937.57K	764.57K	+22.6%
Total put/call ratio	0.6	0.5	+12.0%

Largest owners	Shares	Value	Change
BLK BlackRock	32.76M	$2.96B	-0.0%
Vanguard	28.05M	$2.54B	+1.2%
STT State Street	22.53M	$2.04B	+2.8%
IVZ Invesco	5.91M	$535.04M	-6.1%
Geode Capital Management	5.52M	$498.37M	+5.8%
Aqr Capital Management	5.21M	$470.23M	-4.4%
LGEN Legal & General	4.47M	$404.55M	+5.8%
NTRS Northern Trust	4.27M	$385.97M	-1.4%
Renaissance Technologies	4.01M	$362.49M	-6.4%
Norges Bank	3.3M	$298.8M	NEW

Largest transactions	Shares	Bought/sold	Change
Norges Bank	3.3M	+3.3M	NEW
WFC Wells Fargo & Co.	2.09M	+730.25K	+53.7%
STT State Street	22.53M	+610.18K	+2.8%
BK Bank Of New York Mellon	3.1M	-542.93K	-14.9%
Citadel Advisors	25.58K	-508.07K	-95.2%
Luminus Management	0	-498.47K	EXIT
APG Asset Management	3.25M	+495.4K	+18.0%
Carlson Capital L P	476.93K	+476.93K	NEW
Two Sigma Advisers	371.1K	-448.9K	-54.7%
Panagora Asset Management	1.19M	+416.18K	+54.0%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Management Discussion

Con Edison’s principal business segments are CECONY’s regulated utility activities, O&R’s regulated utility activities, the Clean Energy Businesses and Con Edison Transmission. CECONY’s principal business segments are its regulated electric, gas and steam utility activities. A discussion of the results of operations by principal business segment for the years ended December 31, 2019, 2018 and 2017 follows. For additional business segment financial information, see Note N to the financial statements in Item 8.
(a) Includes parent company and consolidation adjustments.
(b) Represents the consolidated results of operations of Con Edison and its businesses.

Content analysis ?

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Legalese
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Readability	8th grade Avg

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From filing 10-K 2019 FY