Consolidated Edison Inc $ED Shares Bought by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in shares of Consolidated Edison Inc (NYSE:ED) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,831,756 shares of the utilities provider’s stock after acquiring an additional 36,997 shares during the period. JPMorgan Chase & Co.’s holdings in Consolidated Edison were worth $184,128,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Consolidated Edison by 4.5% in the second quarter. Vanguard Group Inc. now owns 45,040,811 shares of the utilities provider’s stock valued at $4,519,845,000 after buying an additional 1,923,717 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Consolidated Edison by 6.1% in the 2nd quarter. Geode Capital Management LLC now owns 9,796,782 shares of the utilities provider’s stock valued at $979,204,000 after buying an additional 566,358 shares during the period. Norges Bank bought a new stake in shares of Consolidated Edison during the 2nd quarter valued at about $462,218,000. ATLAS Infrastructure Partners UK Ltd. raised its stake in Consolidated Edison by 4.8% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 2,409,288 shares of the utilities provider’s stock worth $241,772,000 after acquiring an additional 110,666 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Consolidated Edison by 4.6% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,376,237 shares of the utilities provider’s stock worth $238,455,000 after purchasing an additional 104,643 shares during the period. Institutional investors own 66.29% of the company’s stock.

Consolidated Edison News Summary

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

• Positive Sentiment: Q4 results: Con Edison reported Q4 revenue of $3.99B and GAAP EPS of $0.89, topping consensus on both revenue and (modest) EPS—revenue rose ~8.9% year‑over‑year, showing demand strength. Q4 Press Release
• Positive Sentiment: FY2026 guidance raised: Management set 2026 EPS guidance to $6.00–$6.20, above the prior street consensus (~$5.88), signaling stronger forward earnings power and supporting dividend coverage. Consolidated Edison Q4 Earnings Beat Estimates, Revenues Rise Y/Y
• Positive Sentiment: Regulatory/rate tailwinds and infrastructure spending: Recent rate case approval and higher infrastructure investment should support regulated earnings growth and long‑term rate base expansion. Consolidated Edison earnings on deck after rate case approval
• Positive Sentiment: 2025 annual results: Reported 2025 net income and adjusted EPS rose versus 2024 (net income $2,023M; adjusted EPS $5.70), reinforcing multi-year earnings progression. CON EDISON REPORTS 2025 EARNINGS
• Neutral Sentiment: Dividend appeal: Coverage in financial media highlights ED as an attractive dividend stock with growth potential, which may keep longer‑term income investors interested. Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: Cost pressures: Reuters and other outlets note higher operating and interest expenses that weighed on quarterly profit versus some street expectations—these margin/interest headwinds partly offset the positive guidance and likely explain today’s pullback. Consolidated Edison misses quarterly profit estimates on higher operating and interest expenses

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on ED shares. Wells Fargo & Company cut their target price on Consolidated Edison from $99.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 20th. Morgan Stanley reaffirmed an “underweight” rating and set a $102.00 target price on shares of Consolidated Edison in a research note on Friday. Royal Bank Of Canada restated a “sector perform” rating and set a $118.00 price objective on shares of Consolidated Edison in a research note on Friday, January 23rd. Barclays reduced their price target on shares of Consolidated Edison from $101.00 to $100.00 and set an “underweight” rating for the company in a research note on Thursday, January 22nd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Consolidated Edison in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $105.33.

Insider Transactions at Consolidated Edison

In other Consolidated Edison news, Director John F. Killian sold 2,276 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $96.89, for a total transaction of $220,521.64. Following the completion of the sale, the director directly owned 38,661 shares in the company, valued at approximately $3,745,864.29. This trade represents a 5.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

Consolidated Edison Trading Down 1.9%

NYSE:ED opened at $109.77 on Friday. The stock has a fifty day simple moving average of $103.78 and a 200 day simple moving average of $100.91. The firm has a market capitalization of $39.62 billion, a price-to-earnings ratio of 19.43, a price-to-earnings-growth ratio of 3.05 and a beta of 0.38. Consolidated Edison Inc has a 1-year low of $94.96 and a 1-year high of $115.25. The company has a quick ratio of 0.97, a current ratio of 1.08 and a debt-to-equity ratio of 1.03.

Consolidated Edison (NYSE:ED) last posted its quarterly earnings data on Thursday, February 19th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.03. The firm had revenue of $3.99 billion for the quarter, compared to the consensus estimate of $3.71 billion. Consolidated Edison had a return on equity of 8.53% and a net margin of 11.95%.The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.98 EPS. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. Sell-side analysts forecast that Consolidated Edison Inc will post 5.62 earnings per share for the current year.

Consolidated Edison Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Wednesday, February 18th will be paid a dividend of $0.8875 per share. This is an increase from Consolidated Edison’s previous quarterly dividend of $0.85. The ex-dividend date of this dividend is Wednesday, February 18th. This represents a $3.55 annualized dividend and a yield of 3.2%. Consolidated Edison’s dividend payout ratio (DPR) is presently 62.83%.

Consolidated Edison Profile

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.