Dimensional Fund Advisors LP Acquires 7,254 Shares of Consolidated Edison Inc $ED

Dimensional Fund Advisors LP increased its holdings in shares of Consolidated Edison Inc (NYSE:ED) by 0.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 1,447,524 shares of the utilities provider’s stock after purchasing an additional 7,254 shares during the period. Dimensional Fund Advisors LP owned approximately 0.39% of Consolidated Edison worth $163,831,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Parallel Advisors LLC increased its position in Consolidated Edison by 7.7% in the 1st quarter. Parallel Advisors LLC now owns 14,939 shares of the utilities provider’s stock worth $1,691,000 after buying an additional 1,069 shares during the period. KBC Group NV boosted its position in shares of Consolidated Edison by 0.7% in the first quarter. KBC Group NV now owns 50,194 shares of the utilities provider’s stock valued at $5,681,000 after acquiring an additional 353 shares during the period. Liberty Square Wealth Partners LLC bought a new stake in shares of Consolidated Edison in the first quarter valued at approximately $226,000. Swiss National Bank grew its stake in shares of Consolidated Edison by 7.2% in the first quarter. Swiss National Bank now owns 1,059,300 shares of the utilities provider’s stock worth $119,892,000 after acquiring an additional 71,000 shares during the last quarter. Finally, Mediolanum International Funds Ltd grew its stake in shares of Consolidated Edison by 31.4% in the first quarter. Mediolanum International Funds Ltd now owns 108,186 shares of the utilities provider’s stock worth $12,267,000 after acquiring an additional 25,851 shares during the last quarter. 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:

• Negative Sentiment: KeyCorp reiterated an Underweight rating and a $94 price target, while trimming/setting earnings estimates across multiple periods, including Q2 2026 EPS of $0.65, Q3 2026 EPS of $2.24, Q4 2026 EPS of $0.62, and long-term forecasts through FY2030 EPS of $7.77. The lower target and cautious stance can weigh on ED shares. Article
• Negative Sentiment: Another report highlighted that KeyCorp lowered expectations for Consolidated Edison, reinforcing a more conservative view on the stock’s earnings trajectory. Article
• Negative Sentiment: Morgan Stanley issued a “Sell” rating on Consolidated Edison, adding to the bearish analyst sentiment around the shares. Article

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on ED. Argus set a $112.00 target price on shares of Consolidated Edison in a research report on Tuesday, June 23rd. Barclays reduced their price target 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. Mizuho restated a “neutral” rating and issued a $105.00 price target on shares of Consolidated Edison in a research report on Tuesday, June 2nd. The Goldman Sachs Group restated a “sell” rating and set a $105.00 price objective on shares of Consolidated Edison in a report on Thursday, May 14th. Finally, Wells Fargo & Company set a $98.00 price objective on shares of Consolidated Edison in a research report on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $107.87.

Consolidated Edison Stock Performance

NYSE:ED opened at $112.97 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.19 and a debt-to-equity ratio of 1.00. The firm has a 50-day moving average price of $109.04 and a 200 day moving average price of $109.01. The firm has a market capitalization of $41.63 billion, a PE ratio of 19.02, a price-to-earnings-growth ratio of 2.93 and a beta of 0.27. Consolidated Edison Inc has a 12-month low of $94.96 and a 12-month high of $116.23.

Consolidated Edison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Wednesday, August 19th will be issued a $0.8875 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.1%. Consolidated Edison’s dividend payout ratio is presently 59.76%.

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.