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

Ethic Inc. raised its stake in Consolidated Edison Inc (NYSE:ED) by 4.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 170,493 shares of the utilities provider’s stock after acquiring an additional 7,554 shares during the period. Ethic Inc.’s holdings in Consolidated Edison were worth $17,426,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. PFS Partners LLC increased its holdings in shares of Consolidated Edison by 12.2% during the third quarter. PFS Partners LLC now owns 836 shares of the utilities provider’s stock valued at $85,000 after acquiring an additional 91 shares in the last quarter. Cornerstone Financial Management LLC raised its position in shares of Consolidated Edison by 43.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 318 shares of the utilities provider’s stock worth $35,000 after purchasing an additional 96 shares during the last quarter. Charles Schwab Trust Co boosted its stake in Consolidated Edison by 2.3% in the 3rd quarter. Charles Schwab Trust Co now owns 4,400 shares of the utilities provider’s stock worth $450,000 after purchasing an additional 100 shares in the last quarter. Compass Financial Management LLC boosted its stake in Consolidated Edison by 18.9% in the 3rd quarter. Compass Financial Management LLC now owns 636 shares of the utilities provider’s stock worth $65,000 after purchasing an additional 101 shares in the last quarter. Finally, Sachetta LLC boosted its stake in Consolidated Edison by 72.9% in the 1st quarter. Sachetta LLC now owns 242 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 102 shares in the last quarter. 66.29% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Morgan Stanley cut their price objective on shares of Consolidated Edison from $101.00 to $97.00 and set an “underweight” rating on the stock in a research report on Friday, September 18th. Barclays lifted their target price on shares of Consolidated Edison from $106.00 to $108.00 and gave the stock an “underweight” rating in a report on Friday. The Goldman Sachs Group decreased their target price on shares of Consolidated Edison from $106.00 to $102.00 in a report on Thursday, October 15th. Mizuho set a $108.00 target price on shares of Consolidated Edison in a research note on Wednesday, October 7th. Finally, Evercore cut their price target on shares of Consolidated Edison from $116.00 to $112.00 in a report on Thursday, October 8th. Five analysts have rated the stock with a Buy rating, eight have issued a Hold rating and six have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $109.74.

Consolidated Edison Stock Down 2.4%

ED opened at $118.56 on Friday. The stock has a market capitalization of $43.85 billion, a price-to-earnings ratio of 18.97, a PEG ratio of 4.10 and a beta of 0.23. The firm has a 50 day moving average price of $108.92 and a 200-day moving average price of $109.35. Consolidated Edison Inc has a twelve month low of $94.96 and a twelve month high of $122.75. The company has a quick ratio of 1.17, a current ratio of 1.27 and a debt-to-equity ratio of 1.04.

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

Consolidated Edison Announces Dividend

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

Key Consolidated Edison News

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 Company Profile

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.