NEOS Investment Management LLC Increases Stock Holdings in Consolidated Edison Inc $ED

Posted by Geri Gentry on Sep 6th, 2026

NEOS Investment Management LLC increased its position in Consolidated Edison Inc (NYSE:ED – Free Report) by 12.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,040 shares of the utilities provider’s stock after acquiring an additional 6,431 shares during the quarter. NEOS Investment Management LLC’s holdings in Consolidated Edison were worth $6,532,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Basepoint Wealth LLC purchased a new stake in Consolidated Edison in the 4th quarter worth approximately $26,000. JPL Wealth Management LLC purchased a new position in shares of Consolidated Edison during the 3rd quarter valued at $26,000. Sachetta LLC increased its holdings in shares of Consolidated Edison by 72.9% in the first quarter. Sachetta LLC now owns 242 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 102 shares during the period. Aberdeen Wealth Management LLC bought a new position in shares of Consolidated Edison in the second quarter worth $27,000. Finally, Keating Financial Advisory Services Inc. purchased a new stake in shares of Consolidated Edison in the second quarter worth $30,000. Hedge funds and other institutional investors own 66.29% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on ED. Morgan Stanley dropped their price objective on Consolidated Edison from $105.00 to $101.00 and set an “underweight” rating for the company in a research note on Friday, August 21st. The Goldman Sachs Group restated a “sell” rating and issued a $105.00 target price on shares of Consolidated Edison in a research note on Thursday, May 14th. Wells Fargo & Company raised their price target on Consolidated Edison from $106.00 to $108.00 and gave the company an “equal weight” rating in a report on Friday, August 7th. Argus set a $112.00 price target on Consolidated Edison in a research report on Tuesday, June 23rd. Finally, KeyCorp cut their price objective on Consolidated Edison from $97.00 to $94.00 and set an “underweight” rating for the company in a report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and six have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $108.93.

Read Our Latest Stock Analysis on ED

Consolidated Edison Stock Performance

NYSE ED opened at $107.26 on Friday. Consolidated Edison Inc has a 52-week low of $94.96 and a 52-week high of $116.23. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.17 and a current ratio of 1.27. The company has a market capitalization of $39.67 billion, a P/E ratio of 17.61, a P/E/G ratio of 3.71 and a beta of 0.27. The company has a fifty day moving average of $109.78 and a 200-day moving average of $109.80.

Consolidated Edison (NYSE:ED – Get Free Report) last released its earnings results on Thursday, August 6th. The utilities provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.07. Consolidated Edison had a return on equity of 8.44% and a net margin of 12.53%.The business had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $3.60 billion. During the same quarter in the prior year, the firm earned $0.67 earnings per share. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, equities research analysts predict that Consolidated Edison Inc will post 6.1 EPS for the current fiscal year.

Consolidated Edison Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Wednesday, August 19th will be given a dividend of $0.8875 per share. The ex-dividend date is Wednesday, August 19th. This represents a $3.55 annualized dividend and a dividend yield of 3.3%. Consolidated Edison’s dividend payout ratio is 58.29%.

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.