IFM Investors Pty Ltd Sells 15,939 Shares of Consolidated Edison Inc $ED

Posted by Francis Steltz on Jul 2nd, 2026

IFM Investors Pty Ltd lessened its holdings in Consolidated Edison Inc (NYSE:ED – Free Report) by 14.6% during the first quarter, HoldingsChannel reports. The institutional investor owned 93,207 shares of the utilities provider’s stock after selling 15,939 shares during the quarter. IFM Investors Pty Ltd’s holdings in Consolidated Edison were worth $10,549,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Basepoint Wealth LLC bought a new position in Consolidated Edison in the 4th quarter worth about $26,000. JPL Wealth Management LLC purchased a new stake in shares of Consolidated Edison in the 3rd quarter valued at about $26,000. Aventura Private Wealth LLC bought a new stake in shares of Consolidated Edison during the 4th quarter valued at about $27,000. Westfuller Advisors LLC bought a new stake in shares of Consolidated Edison during the 4th quarter valued at about $27,000. Finally, Dorato Capital Management purchased a new position in shares of Consolidated Edison during the fourth quarter worth about $28,000. Institutional investors own 66.29% of the company’s stock.

Consolidated Edison Trading Up 0.4%

NYSE ED opened at $111.07 on Thursday. The stock has a market cap of $40.93 billion, a P/E ratio of 18.70, a price-to-earnings-growth ratio of 2.81 and a beta of 0.27. Consolidated Edison Inc has a fifty-two week low of $94.96 and a fifty-two week high of $116.23. The stock has a 50 day simple moving average of $107.65 and a two-hundred day simple moving average of $107.55. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.09 and a current ratio of 1.19.

Consolidated Edison (NYSE:ED – Get Free Report) last posted its earnings results 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). The business had revenue of $5.09 billion for the quarter, compared to analysts’ expectations of $5.22 billion. Consolidated Edison had a net margin of 12.52% and a return on equity of 8.33%. During the same period last year, the firm posted $2.26 earnings per share. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS. On average, analysts forecast that Consolidated Edison Inc will post 6.09 earnings per share for the current year.

Consolidated Edison Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Wednesday, May 13th were given a dividend of $0.8875 per share. This represents a $3.55 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend was Wednesday, May 13th. Consolidated Edison’s payout ratio is presently 59.76%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company set a $98.00 target price on shares of Consolidated Edison in a research note on Tuesday, April 21st. Barclays cut their price target on shares of Consolidated Edison from $110.00 to $107.00 and set an “underweight” rating for the company in a research report on Monday, May 11th. Morgan Stanley reissued an “underweight” rating on shares of Consolidated Edison in a research note on Wednesday, June 24th. KeyCorp raised their price target 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. Finally, Weiss Ratings upgraded shares of Consolidated Edison from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, April 24th. Two analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $108.07.

View Our Latest Report on Consolidated Edison

Consolidated Edison 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.