Consolidated Edison Inc $ED Position Lessened by Illinois Municipal Retirement Fund

Posted by Stanley Muller on Jun 11th, 2026

Illinois Municipal Retirement Fund lowered its stake in shares of Consolidated Edison Inc (NYSE:ED – Free Report) by 17.7% in the fourth quarter, HoldingsChannel reports. The firm owned 210,570 shares of the utilities provider’s stock after selling 45,253 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Consolidated Edison were worth $20,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in ED. Basepoint Wealth LLC bought a new stake in Consolidated Edison in the fourth quarter valued at $26,000. JPL Wealth Management LLC bought a new position in shares of Consolidated Edison during the third quarter worth about $26,000. Aventura Private Wealth LLC acquired a new stake in shares of Consolidated Edison in the 4th quarter worth about $27,000. Westfuller Advisors LLC acquired a new stake in shares of Consolidated Edison in the 4th quarter worth about $27,000. Finally, Dorato Capital Management bought a new stake in Consolidated Edison in the 4th quarter valued at about $28,000. 66.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ED. Bank of America reissued an “underperform” rating and set a $104.00 target price on shares of Consolidated Edison in a research note on Wednesday, February 25th. Mizuho reaffirmed a “neutral” rating and set a $105.00 price target on shares of Consolidated Edison in a 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. Scotiabank increased their price target on Consolidated Edison from $113.00 to $117.00 and gave the stock a “sector perform” rating in a research note on Friday, February 20th. Finally, KeyCorp upped their price objective on shares of Consolidated Edison from $96.00 to $97.00 and gave the stock an “underweight” rating in a report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $107.79.

View Our Latest Report on Consolidated Edison

Consolidated Edison Price Performance

Shares of NYSE ED opened at $107.67 on Thursday. Consolidated Edison Inc has a twelve month low of $94.96 and a twelve month high of $116.23. The company has a current ratio of 1.19, a quick ratio of 1.09 and a debt-to-equity ratio of 1.00. The firm has a 50-day moving average of $108.84 and a two-hundred day moving average of $106.36. The company has a market capitalization of $39.68 billion, a price-to-earnings ratio of 18.13, a PEG ratio of 2.70 and a beta of 0.27.

Consolidated Edison (NYSE:ED – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The utilities provider reported $2.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.28 by ($0.10). Consolidated Edison had a return on equity of 8.33% and a net margin of 12.52%.The business had revenue of $5.10 billion during the quarter, compared to analyst estimates of $5.22 billion. During the same period in the prior year, the firm earned $2.26 EPS. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, analysts expect that Consolidated Edison Inc will post 6.09 earnings per share for the current fiscal year.

Consolidated Edison Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Wednesday, May 13th will be issued a $0.8875 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $3.55 annualized dividend and a dividend yield of 3.3%. Consolidated Edison’s dividend payout ratio is currently 59.76%.

About Consolidated Edison

(Free Report)

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.