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BXM Wealth LLC Takes Position in Consolidated Edison Inc $ED
BXM Wealth LLC has acquired a new stake of 10,232 shares in Consolidated Edison Inc (NYSE:ED), valued at approximately $1,016,000, during the fourth quarter. This move comes as Consolidated Edison reported strong Q4 results, beating EPS and revenue estimates, and raised its quarterly dividend to $0.8875. Despite a “Reduce” consensus rating from Wall Street with a target price below its current share price, other institutional investors have also increased their holdings in the utilities provider.