ING Groep NV Sells 14,978 Shares of Consolidated Edison Inc $ED

Posted by Brenda Bartman on Jun 9th, 2026

ING Groep NV lowered its position in shares of Consolidated Edison Inc (NYSE:ED – Free Report) by 32.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,709 shares of the utilities provider’s stock after selling 14,978 shares during the period. ING Groep NV’s holdings in Consolidated Edison were worth $3,149,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in ED. Revolve Wealth Partners LLC increased its stake in shares of Consolidated Edison by 13.4% during the fourth quarter. Revolve Wealth Partners LLC now owns 3,721 shares of the utilities provider’s stock worth $332,000 after purchasing an additional 441 shares during the period. Empowered Funds LLC increased its stake in shares of Consolidated Edison by 42.1% during the first quarter. Empowered Funds LLC now owns 8,978 shares of the utilities provider’s stock worth $993,000 after purchasing an additional 2,659 shares during the period. Woodline Partners LP increased its stake in shares of Consolidated Edison by 40.7% during the first quarter. Woodline Partners LP now owns 29,271 shares of the utilities provider’s stock worth $3,237,000 after purchasing an additional 8,468 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in shares of Consolidated Edison during the second quarter worth approximately $3,256,000. Finally, Baird Financial Group Inc. increased its stake in shares of Consolidated Edison by 2.1% during the second quarter. Baird Financial Group Inc. now owns 14,679 shares of the utilities provider’s stock worth $1,473,000 after purchasing an additional 296 shares during the period. Institutional investors own 66.29% of the company’s stock.

Analysts Set New Price Targets

ED has been the topic of a number of recent research reports. Weiss Ratings upgraded Consolidated Edison from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, April 24th. Morgan Stanley set a $99.00 target price on Consolidated Edison in a research note on Thursday, May 21st. JPMorgan Chase & Co. increased their target price on Consolidated Edison from $107.00 to $113.00 and gave the stock an “underweight” rating in a research note on Thursday, March 12th. Evercore set a $116.00 target price on Consolidated Edison in a research note on Monday, May 11th. Finally, Bank of America restated an “underperform” rating and set a $104.00 price objective on shares of Consolidated Edison in a research note on Wednesday, February 25th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $107.79.

Check Out Our Latest Stock Analysis on Consolidated Edison

Insider Buying and Selling

In other Consolidated Edison news, SVP Deneen L. Donnley sold 1,922 shares of the firm’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $113.94, for a total value of $218,992.68. Following the sale, the senior vice president owned 32,453 shares of the company’s stock, valued at approximately $3,697,694.82. This trade represents a 5.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.15% of the stock is currently owned by company insiders.

Consolidated Edison Price Performance

Consolidated Edison stock opened at $104.37 on Tuesday. The stock’s fifty day moving average price is $109.06 and its two-hundred day moving average price is $106.27. Consolidated Edison Inc has a one year low of $94.96 and a one year high of $116.23. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.19 and a quick ratio of 1.09. The firm has a market cap of $38.46 billion, a PE ratio of 17.57, a price-to-earnings-growth ratio of 2.70 and a beta of 0.27.

Consolidated Edison (NYSE:ED – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The utilities provider reported $2.18 EPS for the quarter, missing analysts’ consensus estimates of $2.28 by ($0.10). Consolidated Edison had a return on equity of 8.33% and a net margin of 12.52%.The company had revenue of $5.10 billion for the quarter, compared to the consensus estimate of $5.22 billion. During the same quarter last year, the business earned $2.26 EPS. 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 6.09 EPS for the current fiscal year.

Consolidated Edison Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $0.8875 per share. This represents a $3.55 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Wednesday, May 13th. Consolidated Edison’s dividend payout ratio (DPR) is 59.76%.

Consolidated Edison Company Profile

(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.