Pacer Advisors Inc. Sells 11,187 Shares of Consolidated Edison Inc $ED

Pacer Advisors Inc. lessened its stake in shares of Consolidated Edison Inc (NYSE:ED) by 28.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,495 shares of the utilities provider’s stock after selling 11,187 shares during the period. Pacer Advisors Inc.’s holdings in Consolidated Edison were worth $3,112,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. QRG Capital Management Inc. boosted its stake in Consolidated Edison by 16.9% during the 1st quarter. QRG Capital Management Inc. now owns 204,989 shares of the utilities provider’s stock valued at $23,201,000 after purchasing an additional 29,635 shares during the period. North Dakota State Investment Board bought a new position in Consolidated Edison in the 4th quarter worth approximately $1,228,000. Los Angeles Capital Management LLC lifted its holdings in shares of Consolidated Edison by 9.0% during the fourth quarter. Los Angeles Capital Management LLC now owns 253,230 shares of the utilities provider’s stock worth $24,865,000 after buying an additional 20,972 shares during the last quarter. M3 Wealth Management LLC bought a new stake in shares of Consolidated Edison in the fourth quarter valued at approximately $1,380,000. Finally, Arbejdsmarkedets Tillaegspension bought a new stake in shares of Consolidated Edison in the fourth quarter valued at approximately $24,109,000. Institutional investors own 66.29% of the company’s stock.

Consolidated Edison News Roundup

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

• Positive Sentiment: Second-quarter EPS was $0.83, exceeding analyst expectations of roughly $0.74–$0.76 and rising from $0.67 a year earlier. Net income increased to $308 million from $246 million. Consolidated Edison Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Revenue also beat estimates, while strong power demand helped drive the quarterly outperformance—an encouraging sign for Con Edison’s regulated utility operations. Consolidated Edison beats profit estimates on strong power demand
• Positive Sentiment: The earnings improvement was broad enough to support investor confidence: adjusted EPS also climbed to $0.83 from $0.67 in the prior-year quarter. Con Edison Reports 2026 Second Quarter Earnings
• Neutral Sentiment: Con Edison maintained fiscal 2026 EPS guidance of $6.00–$6.20, broadly centered on the analyst consensus estimate of $6.11. The range does not represent a material upward revision, limiting the potential upside from guidance alone.

Consolidated Edison Price Performance

Shares of Consolidated Edison stock opened at $108.54 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.09 and a current ratio of 1.19. The firm’s 50-day simple moving average is $109.43 and its 200-day simple moving average is $109.67. Consolidated Edison Inc has a twelve month low of $94.96 and a twelve month high of $116.23. The firm has a market cap of $40.00 billion, a P/E ratio of 18.27, a price-to-earnings-growth ratio of 2.81 and a beta of 0.27.

Consolidated Edison (NYSE:ED) last posted its earnings results on Thursday, August 6th. The utilities provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.07. Consolidated Edison had a net margin of 12.52% and a return on equity of 8.33%. The business had revenue of $3.75 billion for the quarter, compared to analysts’ expectations of $3.60 billion. During the same quarter in the previous year, the firm posted $0.67 earnings per share. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, research analysts expect that Consolidated Edison Inc will post 6.09 EPS for the current fiscal year.

Consolidated Edison Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Wednesday, August 19th will be paid a $0.8875 dividend. This represents a $3.55 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Wednesday, August 19th. Consolidated Edison’s dividend payout ratio is currently 59.76%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on ED shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Consolidated Edison in a research note on Tuesday, July 21st. Morgan Stanley reaffirmed an “underweight” rating on shares of Consolidated Edison in a research report on Wednesday, July 22nd. Mizuho set a $114.00 target price on Consolidated Edison in a research report on Monday, July 27th. Barclays lowered their price target on Consolidated Edison from $110.00 to $107.00 and set an “underweight” rating on the stock in a research note on Monday, May 11th. Finally, Wells Fargo & Company set a $98.00 price objective on Consolidated Edison in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat, Consolidated Edison presently has a consensus rating of “Reduce” and an average price target of $108.47.

About Consolidated Edison

Consolidated Edison, Inc, commonly known as Con Edison, is an investor-owned energy company that primarily delivers electricity, natural gas and steam to customers in the New York metropolitan area. Its regulated utility operations include the distribution and transmission of electric power, the distribution of natural gas, and the operation of one of the largest district steam systems in the United States, serving commercial, institutional and residential customers in New York City and nearby counties.

The company operates through regulated utility subsidiaries that serve urban and suburban service territories, together with non-utility businesses that develop, own and manage energy infrastructure and clean energy projects.