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

Dimensional Fund Advisors LP grew its position in Consolidated Edison Inc (NYSE:ED) by 0.5% during the 1st quarter, Holdings Channel reports. The firm owned 1,447,524 shares of the utilities provider’s stock after purchasing an additional 7,254 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Consolidated Edison were worth $163,831,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Parallel Advisors LLC increased its position in shares of Consolidated Edison by 7.7% during the 1st quarter. Parallel Advisors LLC now owns 14,939 shares of the utilities provider’s stock worth $1,691,000 after purchasing an additional 1,069 shares in the last quarter. KBC Group NV boosted its position in 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 buying an additional 353 shares in the last quarter. Liberty Square Wealth Partners LLC acquired a new position in Consolidated Edison in the first quarter valued at about $226,000. Swiss National Bank grew its stake in Consolidated Edison by 7.2% during the first quarter. Swiss National Bank now owns 1,059,300 shares of the utilities provider’s stock worth $119,892,000 after buying an additional 71,000 shares during the last quarter. Finally, Mediolanum International Funds Ltd grew its stake in Consolidated Edison by 31.4% during the first quarter. Mediolanum International Funds Ltd now owns 108,186 shares of the utilities provider’s stock worth $12,267,000 after buying an additional 25,851 shares during the last quarter. Institutional investors own 66.29% of the company’s stock.

Consolidated Edison Price Performance

Shares of ED stock opened at $112.97 on Friday. The stock has a 50-day moving average price of $109.04 and a 200 day moving average price of $109.01. 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 market cap of $41.63 billion, a price-to-earnings ratio of 19.02, a PEG 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 Announces Dividend

The firm also recently announced 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 3.1%. The ex-dividend date of this dividend is Wednesday, August 19th. Consolidated Edison’s dividend payout ratio (DPR) is 59.76%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. The Goldman Sachs Group reiterated a “sell” rating and issued a $105.00 target price on shares of Consolidated Edison in a research note on Thursday, May 14th. Morgan Stanley reaffirmed an “underweight” rating on shares of Consolidated Edison in a report on Wednesday. Mizuho reiterated a “neutral” rating and issued a $105.00 price objective on shares of Consolidated Edison in a research report on Tuesday, June 2nd. Wells Fargo & Company set a $98.00 price objective on Consolidated Edison in a research report on Tuesday, April 21st. Finally, Argus set a $112.00 price objective on Consolidated Edison in a research note on Tuesday, June 23rd. Two investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and six have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $107.87.

Consolidated Edison News Roundup

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

About Consolidated Edison

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.