Consolidated Edison (NYSE:ED) Price Target Raised to $108.00

Consolidated Edison (NYSE:ED) had its price objective boosted by equities researchers at Barclays from $106.00 to $108.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “underweight” rating on the utilities provider’s stock. Barclays‘s price objective would indicate a potential downside of 10.35% from the stock’s current price.

Several other equities analysts have also issued reports on ED. The Goldman Sachs Group reduced their target price on Consolidated Edison from $106.00 to $102.00 in a report on Thursday, October 15th. Royal Bank Of Canada cut their price objective on Consolidated Edison from $110.00 to $109.00 in a research report on Monday, October 26th. LADENBURG THALM/SH SH upped their price objective on Consolidated Edison from $101.00 to $113.50 and gave the company a “neutral” rating in a research note on Monday, July 13th. Scotiabank decreased their target price on Consolidated Edison from $117.00 to $110.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 30th. Finally, Wells Fargo & Company raised their target price on Consolidated Edison from $106.00 to $108.00 and gave the company an “equal weight” rating in a research report on Friday, August 7th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat.com, Consolidated Edison has an average rating of “Reduce” and a consensus price target of $109.74.

Consolidated Edison Stock Down 0.8%

Consolidated Edison stock traded down $0.97 during midday trading on Friday, hitting $120.47. 442,988 shares of the stock were exchanged, compared to its average volume of 2,241,747. Consolidated Edison has a 52-week low of $94.96 and a 52-week high of $122.75. The company has a quick ratio of 1.17, a current ratio of 1.27 and a debt-to-equity ratio of 1.04. The business’s 50-day moving average price is $108.69 and its 200-day moving average price is $109.28. The stock has a market capitalization of $44.55 billion, a price-to-earnings ratio of 19.81, a price-to-earnings-growth ratio of 4.16 and a beta of 0.23.

Consolidated Edison (NYSE:ED) last posted its quarterly earnings data on Thursday, November 5th. The utilities provider reported $2.07 EPS for the quarter, beating the consensus estimate of $2.03 by $0.04. Consolidated Edison had a net margin of 12.53% and a return on equity of 8.44%. The firm had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.75 billion. During the same quarter last year, the business posted $1.90 EPS. On average, research analysts expect that Consolidated Edison will post 6.10 EPS for the current fiscal year.

Institutional Trading of Consolidated Edison

A number of hedge funds and other institutional investors have recently made changes to their positions in ED. Point Windward Advisors Inc. purchased a new position in Consolidated Edison during the 3rd quarter valued at about $215,000. Eurizon Capital SGR S.p.A. increased its position in shares of Consolidated Edison by 0.6% during the third quarter. Eurizon Capital SGR S.p.A. now owns 336,540 shares of the utilities provider’s stock valued at $34,414,000 after buying an additional 2,079 shares during the period. Werba Rubin Papier Wealth Management lifted its holdings in shares of Consolidated Edison by 7.0% in the third quarter. Werba Rubin Papier Wealth Management now owns 3,120 shares of the utilities provider’s stock worth $319,000 after buying an additional 205 shares in the last quarter. Jacobi Capital Management LLC lifted its holdings in shares of Consolidated Edison by 4.8% in the third quarter. Jacobi Capital Management LLC now owns 4,528 shares of the utilities provider’s stock worth $463,000 after buying an additional 208 shares in the last quarter. Finally, Jefferies Financial Group Inc. purchased a new stake in shares of Consolidated Edison in the third quarter worth about $3,334,000. 66.29% of the stock is currently owned by institutional investors.

Key Consolidated Edison News

Here are the key news stories impacting Consolidated Edison this week:

• Positive Sentiment: Con Edison reported third-quarter adjusted EPS of $2.07, up from $1.90 a year earlier, and revenue rose 8.5% year over year. EPS beat FactSet’s $2.03 estimate, although it matched Zacks’ $2.07 estimate—accounting for conflicting “beat” and “miss” headlines. Con Edison Q3 earnings release
• Positive Sentiment: Mizuho raised its price target on ED to $124 from $108, indicating a more favorable valuation outlook from that analyst. Mizuho price target update
• Neutral Sentiment: The company narrowed its 2026 earnings guidance and outlined $38 billion in planned investments. The narrowed range provides updated visibility, but the news provided does not specify whether the change raises or lowers the outlook. Q3 results, guidance and investment plans
• Negative Sentiment: A separate earnings analysis flagged growing dilution risk, a potential concern for shareholders as the utility funds its investment program. Q3 analysis and dilution risk

Consolidated Edison Company Profile

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.