Consolidated Edison (NYSE:ED) Stock Price Target Raised at Barclays

Consolidated Edison (NYSE:ED) had its target price increased by Barclays from $106.00 to $108.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has an underweight rating on the utilities provider’s stock.

ED has been the subject of several other research reports. Evercore cut their price objective on Consolidated Edison from $116.00 to $112.00 in a research report on Thursday, October 8th. LADENBURG THALM/SH SH boosted their price objective on Consolidated Edison from $101.00 to $113.50 and gave the stock a “neutral” rating in a research note on Monday, July 13th. Jefferies Financial Group restated a “hold” rating and set a $105.00 target price (down from $121.00) on shares of Consolidated Edison in a report on Tuesday, October 6th. Weiss Ratings restated a “buy (b)” rating on shares of Consolidated Edison in a research note on Monday, October 19th. Finally, Morgan Stanley lowered their target price on Consolidated Edison from $101.00 to $97.00 and set an “underweight” rating for the company in a research note on Friday, September 18th. Five equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $109.74.

Consolidated Edison Price Performance

Shares of NYSE:ED traded down $2.88 during trading on Friday, reaching $118.56. The stock had a trading volume of 2,501,467 shares, compared to its average volume of 2,167,994. Consolidated Edison has a 52 week low of $94.96 and a 52 week high of $122.75. The business’s 50-day moving average price is $108.92 and its 200 day moving average price is $109.35. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.27 and a quick ratio of 1.17. The stock has a market capitalization of $43.85 billion, a PE ratio of 18.97, a P/E/G ratio of 4.10 and a beta of 0.23.

Consolidated Edison (NYSE:ED) last announced its earnings results on Thursday, November 5th. The utilities provider reported $2.07 EPS for the quarter, topping the consensus estimate of $2.03 by $0.04. The business had revenue of $4.91 billion for the quarter, compared to the consensus estimate of $4.75 billion. Consolidated Edison had a return on equity of 8.44% and a net margin of 12.53%. During the same period in the previous year, the business earned $1.90 EPS. As a group, equities analysts predict that Consolidated Edison will post 6.10 earnings per share for the current year.

Consolidated Edison Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Wednesday, November 18th will be issued a dividend of $0.8875 per share. This represents a $3.55 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Wednesday, November 18th. Consolidated Edison’s payout ratio is currently 56.80%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in ED. BlackRock Inc. acquired a new stake in shares of Consolidated Edison during the 2nd quarter worth approximately $4,609,491,000. Deutsche Bank AG bought a new stake in shares of Consolidated Edison during the second quarter worth approximately $749,184,000. Legal & General Group Plc bought a new stake in shares of Consolidated Edison during the second quarter worth approximately $494,352,000. Bank of New York Mellon Corp acquired a new position in Consolidated Edison in the second quarter valued at approximately $231,014,000. Finally, Amundi lifted its holdings in Consolidated Edison by 66.2% in the first quarter. Amundi now owns 3,872,404 shares of the utilities provider’s stock valued at $438,272,000 after buying an additional 1,543,069 shares during the period. 66.29% of the stock is currently owned by institutional investors and hedge funds.

Key Consolidated Edison News

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

• Positive Sentiment: Con Edison reported adjusted Q3 EPS of $2.07, up from $1.90 a year earlier, and revenue of $4.91 billion, above the cited $4.75 billion consensus. Some estimates vary slightly: one Zacks report characterized EPS as a narrow miss. Con Edison reports 2026 third-quarter earnings
• Positive Sentiment: Wells Fargo raised its price target to $134 from $118 and upgraded ED to “overweight.” Mizuho also lifted its target, to $124 from $108. Wells Fargo price-target update Mizuho price-target update
• Neutral Sentiment: FY 2026 EPS guidance is $6.05–$6.15, bracketing the $6.11 consensus. The range supports expectations near consensus, though its narrower span leaves less room for an upside surprise. Q3 earnings and guidance
• Negative Sentiment: Barclays raised its target only slightly, from $106 to $108, while retaining an “underweight” rating—still implying downside from the cited share price. Barclays rating and target
• Negative Sentiment: The company outlined $38 billion in planned investments, raising potential financing and shareholder-dilution concerns that could offset the appeal of earnings growth. Q3 earnings, guidance, and investment risks

Consolidated Edison Company Profile

Consolidated Edison, Inc is an energy holding company whose principal business is delivering electricity, natural gas and steam through regulated utility subsidiaries. Its services include generating, transmitting and distributing energy to residential, commercial and industrial customers.

Its largest subsidiary, Consolidated Edison Company of New York, serves customers in New York City and Westchester County. Orange and Rockland Utilities serves parts of southeastern New York and northern New Jersey.

The company’s roots trace back to New York Gas Light Company, founded in 1823.