NEOS Investment Management LLC Buys 13,422 Shares of Consolidated Edison Inc $ED

NEOS Investment Management LLC increased its position in shares of Consolidated Edison Inc (NYSE:ED) by 44.3% during the third quarter, Holdings Channel reports. The institutional investor owned 43,701 shares of the utilities provider’s stock after purchasing an additional 13,422 shares during the quarter. NEOS Investment Management LLC’s holdings in Consolidated Edison were worth $4,393,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC boosted its position in shares of Consolidated Edison by 270.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 300 shares of the utilities provider’s stock valued at $30,000 after acquiring an additional 219 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. acquired a new position in shares of Consolidated Edison in the 3rd quarter worth approximately $38,000. Webster Bank N. A. lifted its position in shares of Consolidated Edison by 67.8% during the 3rd quarter. Webster Bank N. A. now owns 495 shares of the utilities provider’s stock worth $50,000 after buying an additional 200 shares during the period. True Wealth Design LLC raised its stake in Consolidated Edison by 392.1% during the third quarter. True Wealth Design LLC now owns 497 shares of the utilities provider’s stock worth $50,000 after acquiring an additional 396 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in Consolidated Edison in the second quarter valued at about $52,000. Institutional investors own 66.29% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on ED shares. Morgan Stanley reiterated an “underweight” rating and set a $96.00 price target on shares of Consolidated Edison in a research report on Wednesday, January 21st. Wells Fargo & Company reduced their target price on shares of Consolidated Edison from $99.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of Consolidated Edison in a research note on Monday, December 29th. Barclays dropped their price objective on shares of Consolidated Edison from $101.00 to $100.00 and set an “underweight” rating for the company in a research report on Thursday, January 22nd. Finally, UBS Group upped their price objective on Consolidated Edison from $108.00 to $112.00 and gave the stock a “neutral” rating in a report on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $104.20.

Consolidated Edison Price Performance

Shares of ED stock opened at $111.86 on Friday. Consolidated Edison Inc has a 12-month low of $94.50 and a 12-month high of $115.25. The firm has a market capitalization of $40.37 billion, a price-to-earnings ratio of 19.56, a price-to-earnings-growth ratio of 3.04 and a beta of 0.38. The company has a quick ratio of 0.97, a current ratio of 1.08 and a debt-to-equity ratio of 1.03. The firm has a fifty day moving average of $103.53 and a 200-day moving average of $100.88.

Consolidated Edison (NYSE:ED) last issued its quarterly earnings data on Thursday, February 19th. The utilities provider reported $0.89 EPS for the quarter, topping the consensus estimate of $0.84 by $0.05. The business 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 8.79% and a net margin of 12.27%.The firm’s revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.98 EPS. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. On average, equities research analysts forecast that Consolidated Edison Inc will post 5.62 earnings per share for the current year.

Consolidated Edison Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Wednesday, February 18th will be issued a dividend of $0.8875 per share. This is a boost from Consolidated Edison’s previous quarterly dividend of $0.85. The ex-dividend date is Wednesday, February 18th. This represents a $3.55 annualized dividend and a dividend yield of 3.2%. Consolidated Edison’s dividend payout ratio (DPR) is presently 62.06%.

Insider Activity

In related news, Director John F. Killian sold 2,276 shares of the stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $3,745,864.29. This represents a 5.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.19% of the company’s stock.

Consolidated Edison News Summary

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

• Positive Sentiment: Q4 results beat Street expectations — Con Edison reported EPS of $0.89 vs. the $0.84 consensus and revenue of $3.99B vs. $3.71B, showing stronger top-line demand for electric and gas services. Consolidated Edison (ED) Q4 Earnings and Revenues Top Estimates
• Positive Sentiment: Company raised FY‑2026 EPS guidance to $6.00–$6.20, above the prior consensus (~$5.88), signaling stronger forward earnings power that supports the stock’s upside. (Guidance announced with results)
• Positive Sentiment: Regulatory progress — investors were encouraged by a recent rate-case approval that improves revenue certainty heading into the new year, a near-term tailwind for utility cash flow. Consolidated Edison earnings on deck after rate case approval
• Neutral Sentiment: Company reported full‑year 2025 adjusted earnings of $5.70 per share (non‑GAAP), up from $5.40 in 2024 — a sign of underlying earnings growth but already reflected in forward guidance. CON EDISON REPORTS 2025 EARNINGS
• Neutral Sentiment: Quarterly write-ups and metric analysis: several outlets (Zacks, CT Post) dig into key operating metrics vs. estimates — useful for fundamentals checks but not a single catalyst. Con Ed (ED) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates Con Ed: Q4 Earnings Snapshot
• Negative Sentiment: Cost pressure flagged by Reuters — one report notes Consolidated Edison missed profit estimates due to higher operating and interest expenses, a risk to margins and near-term cash flow that may cap upside. Consolidated Edison misses quarterly profit estimates on higher operating and interest expenses

Consolidated Edison Company 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.