Janus Henderson Group PLC Raises Stock Position in Consolidated Edison Inc $ED

Janus Henderson Group PLC lifted its position in shares of Consolidated Edison Inc (NYSE:ED) by 42.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 55,948 shares of the utilities provider’s stock after buying an additional 16,718 shares during the period. Janus Henderson Group PLC’s holdings in Consolidated Edison were worth $6,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in ED. Lazard Asset Management LLC increased its stake in Consolidated Edison by 121,543.9% during the third quarter. Lazard Asset Management LLC now owns 5,960,553 shares of the utilities provider’s stock worth $599,155,000 after acquiring an additional 5,955,653 shares during the last quarter. Norges Bank purchased a new position in shares of Consolidated Edison during the 4th quarter worth $489,806,000. Deutsche Bank AG increased its position in shares of Consolidated Edison by 101.4% during the 4th quarter. Deutsche Bank AG now owns 3,617,361 shares of the utilities provider’s stock worth $359,276,000 after purchasing an additional 1,820,877 shares during the last quarter. Amundi raised its holdings in Consolidated Edison by 66.2% in the 1st quarter. Amundi now owns 3,872,404 shares of the utilities provider’s stock valued at $438,272,000 after buying an additional 1,543,069 shares during the period. Finally, PFA Pension Forsikringsaktieselskab purchased a new stake in Consolidated Edison in the 4th quarter valued at about $113,977,000. 66.29% of the stock is currently owned by institutional investors and hedge funds.

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 Trading Up 0.2%

Shares of ED stock opened at $108.54 on Friday. Consolidated Edison Inc has a fifty-two week low of $94.96 and a fifty-two week high of $116.23. The company has a 50 day moving average price of $109.43 and a 200 day moving average price of $109.67. The stock has a market capitalization 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. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.09 and a current ratio of 1.19.

Consolidated Edison (NYSE:ED) last released its earnings results on Thursday, August 6th. The utilities provider reported $0.83 earnings per share (EPS) for the quarter, topping 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 company had revenue of $3.75 billion for the quarter, compared to analyst estimates of $3.60 billion. During the same period in the prior year, the business earned $0.67 EPS. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. Equities research analysts predict that Consolidated Edison Inc will post 6.09 EPS for the current fiscal year.

Consolidated Edison Announces Dividend

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 (DPR) is presently 59.76%.

Analyst Upgrades and Downgrades

ED has been the topic of a number of research analyst reports. KeyCorp reduced their price target on shares of Consolidated Edison from $97.00 to $94.00 and set an “underweight” rating on the stock in a research note on Thursday, July 23rd. Barclays dropped their target price on shares of Consolidated Edison from $110.00 to $107.00 and set an “underweight” rating for the company in a report on Monday, May 11th. Wells Fargo & Company set a $98.00 target price on Consolidated Edison in a research report on Tuesday, April 21st. The Goldman Sachs Group restated a “sell” rating and set a $105.00 price target on shares of Consolidated Edison in a research note on Thursday, May 14th. Finally, Evercore set a $116.00 price objective on Consolidated Edison in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $108.47.

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.