Consolidated Edison Inc $ED Stock Position Boosted by Sterling Capital Management LLC

Posted by Francis Steltz on Oct 25th, 2026

Sterling Capital Management LLC grew its position in shares of Consolidated Edison Inc (NYSE:ED – Free Report) by 251.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 40,649 shares of the utilities provider’s stock after acquiring an additional 29,090 shares during the period. Sterling Capital Management LLC’s holdings in Consolidated Edison were worth $4,155,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Inspire Investing LLC lifted its position in Consolidated Edison by 8.2% in the 3rd quarter. Inspire Investing LLC now owns 19,618 shares of the utilities provider’s stock worth $2,005,000 after buying an additional 1,492 shares during the last quarter. MBL Wealth LLC bought a new position in Consolidated Edison during the third quarter valued at approximately $239,000. Curry Webb Wealth Management LLC bought a new position in Consolidated Edison during the third quarter valued at approximately $89,000. Brookstone Capital Management raised its stake in shares of Consolidated Edison by 4.4% during the third quarter. Brookstone Capital Management now owns 27,574 shares of the utilities provider’s stock worth $2,818,000 after acquiring an additional 1,151 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of Consolidated Edison during the third quarter worth approximately $160,000. 66.29% of the stock is currently owned by institutional investors.

Consolidated Edison Stock Performance

Shares of ED stock opened at $115.82 on Friday. The stock has a fifty day moving average of $107.03 and a 200 day moving average of $108.44. Consolidated Edison Inc has a 52 week low of $94.96 and a 52 week high of $116.50. The firm has a market capitalization of $42.83 billion, a price-to-earnings ratio of 19.02, a PEG ratio of 4.01 and a beta of 0.26. The company has a quick ratio of 1.17, a current ratio of 1.27 and a debt-to-equity ratio of 1.04.

Consolidated Edison (NYSE:ED – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The utilities provider reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.07. The business had revenue of $4.07 billion for the quarter, compared to analysts’ expectations of $3.60 billion. Consolidated Edison had a net margin of 12.53% and a return on equity of 8.44%. During the same quarter in the previous year, the business posted $0.67 earnings per share. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. As a group, research analysts expect that Consolidated Edison Inc will post 6.10 earnings per share for the current year.

Consolidated Edison Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Wednesday, November 18th will be paid a dividend of $0.8875 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.1%. Consolidated Edison’s payout ratio is presently 58.29%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Mizuho set a $108.00 price objective on shares of Consolidated Edison in a report on Wednesday, October 7th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $105.00 price objective on shares of Consolidated Edison in a research note on Tuesday, October 6th. Barclays reduced their target price on shares of Consolidated Edison from $112.00 to $106.00 and set an “underweight” rating on the stock in a report on Friday, August 7th. Morgan Stanley decreased their target price on shares of Consolidated Edison from $101.00 to $97.00 and set an “underweight” rating on the stock in a research report on Friday, September 18th. Finally, Wells Fargo & Company lifted their target price on shares of Consolidated Edison from $106.00 to $108.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $107.50.

Read Our Latest Report on Consolidated Edison

About Consolidated Edison

(Free Report)

Consolidated Edison, Inc is a diversified energy company headquartered in New York City. Through its regulated utility subsidiaries, the company delivers electricity, natural gas and steam to residential, commercial and industrial customers.

Its principal subsidiary, Consolidated Edison Company of New York, provides electric service throughout New York City and Westchester County, along with gas service in Manhattan, the Bronx, parts of Queens and Westchester County, and steam service in parts of Manhattan.