7,554 Consolidated Edison Inc $ED Shares Bought by Ethic Inc.

Ethic Inc. raised its position in Consolidated Edison Inc (NYSE:ED) by 4.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 170,493 shares of the utilities provider’s stock after acquiring an additional 7,554 shares during the quarter. Ethic Inc.’s holdings in Consolidated Edison were worth $17,426,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new stake in shares of Consolidated Edison during the 2nd quarter valued at about $4,609,491,000. Lazard Asset Management LLC increased its position in shares of Consolidated Edison by 14.8% during the 1st quarter. Lazard Asset Management LLC now owns 7,075,838 shares of the utilities provider’s stock valued at $800,843,000 after purchasing an additional 910,244 shares during the last quarter. Deutsche Bank AG bought a new position in shares of Consolidated Edison in the 2nd quarter worth approximately $749,184,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Consolidated Edison by 7.9% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 4,847,672 shares of the utilities provider’s stock worth $536,298,000 after purchasing an additional 353,000 shares during the period. Finally, Legal & General Group Plc bought a new position in shares of Consolidated Edison in the 2nd quarter worth approximately $494,352,000. 66.29% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ED has been the topic of a number of research reports. Royal Bank Of Canada dropped their price objective on shares of Consolidated Edison from $110.00 to $109.00 in a report on Monday, October 26th. Bank of America reduced their target price on shares of Consolidated Edison from $105.00 to $96.00 in a report on Friday, October 2nd. LADENBURG THALM/SH SH upped their target price on shares of Consolidated Edison from $101.00 to $113.50 and gave the company a “neutral” rating in a report on Monday, July 13th. Weiss Ratings reiterated a “buy (b)” rating on shares of Consolidated Edison in a research report on Monday, October 19th. Finally, Evercore dropped their price target on shares of Consolidated Edison from $116.00 to $112.00 in a research note on Thursday, October 8th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $109.74.

Consolidated Edison News Roundup

Here are the key news stories impacting Consolidated Edison this week:

• Positive Sentiment: Con Edison reported adjusted Q3 EPS of $2.07, up from $1.90 a year earlier, and revenue of $4.91 billion, above the cited $4.75 billion consensus. Some estimates vary slightly: one Zacks report characterized EPS as a narrow miss. Con Edison reports 2026 third-quarter earnings
• Positive Sentiment: Wells Fargo raised its price target to $134 from $118 and upgraded ED to “overweight.” Mizuho also lifted its target, to $124 from $108. Wells Fargo price-target update Mizuho price-target update
• Neutral Sentiment: FY 2026 EPS guidance is $6.05–$6.15, bracketing the $6.11 consensus. The range supports expectations near consensus, though its narrower span leaves less room for an upside surprise. Q3 earnings and guidance
• Negative Sentiment: Barclays raised its target only slightly, from $106 to $108, while retaining an “underweight” rating—still implying downside from the cited share price. Barclays rating and target
• Negative Sentiment: The company outlined $38 billion in planned investments, raising potential financing and shareholder-dilution concerns that could offset the appeal of earnings growth. Q3 earnings, guidance, and investment risks

Consolidated Edison Stock Performance

NYSE:ED opened at $118.56 on Friday. The stock has a 50-day simple moving average of $108.92 and a two-hundred day simple moving average of $109.35. Consolidated Edison Inc has a 52-week low of $94.96 and a 52-week high of $122.75. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.17 and a current ratio of 1.27. The firm has a market capitalization of $43.85 billion, a PE ratio of 18.97, a P/E/G ratio of 4.10 and a beta of 0.23.

Consolidated Edison (NYSE:ED) last issued its quarterly earnings results on Thursday, November 5th. The utilities provider reported $2.07 EPS for the quarter, topping analysts’ consensus estimates of $2.03 by $0.04. Consolidated Edison had a return on equity of 8.68% and a net margin of 12.70%. The business had revenue of $4.91 billion during the quarter, compared to analysts’ expectations of $4.75 billion. During the same quarter in the prior year, the business posted $1.90 earnings per share. Analysts forecast that Consolidated Edison Inc will post 6.10 EPS for the current year.

Consolidated Edison Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Wednesday, November 18th will be paid a dividend of $0.8875 per share. The ex-dividend date is Wednesday, November 18th. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.0%. Consolidated Edison’s payout ratio is 56.80%.

About Consolidated Edison

Consolidated Edison, Inc is an energy holding company whose principal business is delivering electricity, natural gas and steam through regulated utility subsidiaries. Its services include generating, transmitting and distributing energy to residential, commercial and industrial customers.

Its largest subsidiary, Consolidated Edison Company of New York, serves customers in New York City and Westchester County. Orange and Rockland Utilities serves parts of southeastern New York and northern New Jersey.

The company’s roots trace back to New York Gas Light Company, founded in 1823.