Citigroup Inc. Has $85.73 Million Position in Consolidated Edison Inc $ED

Citigroup Inc. raised its position in shares of Consolidated Edison Inc (NYSE:ED) by 8.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 852,827 shares of the utilities provider’s stock after acquiring an additional 67,123 shares during the period. Citigroup Inc. owned approximately 0.24% of Consolidated Edison worth $85,726,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in ED. Golden State Wealth Management LLC increased its position in Consolidated Edison by 13.6% during the 2nd quarter. Golden State Wealth Management LLC now owns 837 shares of the utilities provider’s stock worth $84,000 after buying an additional 100 shares during the period. Certuity LLC boosted its position in shares of Consolidated Edison by 2.7% in the second quarter. Certuity LLC now owns 3,743 shares of the utilities provider’s stock valued at $376,000 after acquiring an additional 100 shares during the period. Stephens Inc. AR grew its stake in shares of Consolidated Edison by 0.8% in the third quarter. Stephens Inc. AR now owns 13,791 shares of the utilities provider’s stock valued at $1,386,000 after acquiring an additional 105 shares in the last quarter. Bridgewater Advisors Inc. increased its position in Consolidated Edison by 1.7% during the third quarter. Bridgewater Advisors Inc. now owns 6,530 shares of the utilities provider’s stock worth $618,000 after acquiring an additional 107 shares during the period. Finally, HighPoint Advisor Group LLC raised its stake in Consolidated Edison by 0.7% in the 3rd quarter. HighPoint Advisor Group LLC now owns 14,811 shares of the utilities provider’s stock worth $1,489,000 after purchasing an additional 110 shares in the last quarter. 66.29% of the stock is currently owned by institutional investors.

Trending Headlines about Consolidated Edison

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

Wall Street Analyst Weigh In

ED has been the topic of a number of analyst reports. KeyCorp decreased their target price on shares of Consolidated Edison from $90.00 to $86.00 and set an “underweight” rating on the stock in a research report on Friday, December 12th. TD Cowen initiated coverage on Consolidated Edison in a research note on Friday, January 9th. They issued a “hold” rating and a $105.00 price target for the company. Scotiabank raised their price objective on Consolidated Edison from $113.00 to $117.00 and gave the stock a “sector perform” rating in a research note on Friday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $118.00 price objective on shares of Consolidated Edison in a report on Friday, January 23rd. Finally, UBS Group upped their target price on Consolidated Edison from $108.00 to $112.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $105.33.

Insider Buying and Selling at Consolidated Edison

In related news, Director John F. Killian sold 2,276 shares of Consolidated Edison stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $96.89, for a total transaction of $220,521.64. Following the sale, the director directly owned 38,661 shares of the company’s stock, valued at approximately $3,745,864.29. The trade was a 5.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.

Consolidated Edison Stock Down 1.9%

Shares of ED opened at $109.77 on Monday. The firm has a 50 day simple moving average of $103.78 and a two-hundred day simple moving average of $100.87. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.02 and a quick ratio of 0.94. Consolidated Edison Inc has a one year low of $94.96 and a one year high of $115.25. The company has a market cap of $39.65 billion, a P/E ratio of 19.43, a P/E/G ratio of 2.98 and a beta of 0.38.

Consolidated Edison (NYSE:ED) last issued its quarterly earnings results on Thursday, February 19th. The utilities provider reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.03. Consolidated Edison had a return on equity of 8.50% and a net margin of 11.95%.The company had revenue of $3.99 billion for the quarter, compared to analyst estimates of $3.71 billion. During the same quarter last year, the company posted $0.98 EPS. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. Research analysts forecast that Consolidated Edison Inc will post 5.62 EPS for the current fiscal year.

Consolidated Edison Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Wednesday, February 18th will be issued a $0.8875 dividend. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.2%. 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. Consolidated Edison’s dividend payout ratio (DPR) is currently 62.83%.

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.