Consolidated Edison, Inc. · NYSE
Zacks Investment Research
Are Utilities Stocks Lagging CenterPoint Energy (CNP) This Year?CenterPoint Energy (CNP) and Consolidated Edison (ED) are outperforming the broader Utilities sector year-to-date. CNP is up 0.5% while the sector has declined 3.3%, and ED is up 5.4%. Both stocks hold Zacks Rank #2 (Buy) ratings with improving analyst sentiment on earnings estimates.
Zacks Investment Research
WTRG Unit Expands Water Operations With Lake Tamarack AcquisitionEssential Utilities' Aqua New Jersey subsidiary completed the acquisition of Lake Tamarack Water Corporation's water system for $113,000, adding 255 customers and planning $1.4M in infrastructure investments. The company continues its expansion strategy, having added over 138,000 customers since 2015. American Water Works' proposed merger with Essential Utilities remains on track for Q1 2027, creating a combined utility serving 4.7 million connections.
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