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Consolidated Edison Shareholders Back Directors, Pay and Auditor

Story Highlights
  • Con Edison shareholders re-elected all board nominees at the May 18, 2026 annual meeting, despite varying levels of opposition and significant broker non-votes.
  • Investors ratified PricewaterhouseCoopers as 2026 auditor and approved executive pay, reinforcing continuity in Con Edison’s governance and oversight framework.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Consolidated Edison Shareholders Back Directors, Pay and Auditor

Meet Samuel – Your Personal Investing Prophet

Consolidated Edison ( (ED) ) has provided an update.

At its May 18, 2026 annual meeting, Consolidated Edison stockholders elected the company’s slate of directors, with all nominees, including CEO Timothy P. Cawley and other board members, receiving majority support despite some notable opposition votes for certain directors. The meeting also recorded a substantial number of broker non-votes, reflecting shares not voted on director elections by intermediaries.

Stockholders ratified the appointment of PricewaterhouseCoopers LLP as Con Edison’s independent auditor for 2026 and gave advisory approval to the company’s named executive officer compensation package. These voting outcomes reaffirm existing governance, auditing relationships and executive pay structures, signaling continuity in oversight and management policies for shareholders and other stakeholders.

The most recent analyst rating on (ED) stock is a Sell with a $109.00 price target. To see the full list of analyst forecasts on Consolidated Edison stock, see the ED Stock Forecast page.

Spark’s Take on ED Stock

According to Spark, TipRanks’ AI Analyst, ED is a Neutral.

The score is anchored by steady financial performance typical of a regulated utility and attractive valuation (low P/E plus a solid dividend yield). These positives are tempered by weak near-term technical momentum (below key moving averages and negative MACD) and balance-sheet/cash-flow constraints, while recent financing actions modestly improve liquidity and capital flexibility.

To see Spark’s full report on ED stock, click here.

More about Consolidated Edison

Consolidated Edison, Inc. is a regulated utility company operating in the energy sector, primarily providing electric, gas and steam service to customers in the New York metropolitan area. The company focuses on reliable energy delivery, infrastructure investment and adherence to regulatory and corporate governance standards as a publicly traded utility holding company.

Average Trading Volume: 2,242,713

Technical Sentiment Signal: Strong Buy

Current Market Cap: $39.25B

For a thorough assessment of ED stock, go to TipRanks’ Stock Analysis page.

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