<div id="readability-page-1"><p>World Investment Advisors boosted its holdings in  Consolidated Edison Inc (NYSE:ED - Free Report) by 143.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor  owned 31,871 shares of the utilities provider's stock after buying an additional 18,764 shares during the period. World Investment Advisors' holdings in Consolidated Edison were worth $3,165,000 as of its most recent filing with the Securities and Exchange Commission.</p><div><p><span></span><span>Get <strong>Consolidated Edison</strong> alerts:</span></p></div><ul><li>Sportradar Rides the Sports Betting Trend From Behind the Curtain</li></ul><p>A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. grew its stake in  Consolidated Edison by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 45,636,041 shares of the utilities provider's stock valued at $4,532,572,000 after buying an additional 461,108 shares in the last quarter.  State Street Corp grew its stake in  Consolidated Edison by 0.3% in the 3rd quarter. State Street Corp now owns 24,050,572 shares of the utilities provider's stock valued at $2,417,563,000 after buying an additional 63,346 shares in the last quarter.  Lazard Asset Management LLC grew its stake in  Consolidated Edison by 121,543.9% in the 3rd quarter. Lazard Asset Management LLC now owns 5,960,553 shares of the utilities provider's stock valued at $599,155,000 after buying an additional 5,955,653 shares in the last quarter.  Legal &amp; General Group Plc grew its stake in  Consolidated Edison by 1.2% in the 3rd quarter. Legal &amp; General Group Plc now owns 4,351,530 shares of the utilities provider's stock valued at $437,416,000 after buying an additional 52,061 shares in the last quarter.  Finally, Northern Trust Corp grew its stake in  Consolidated Edison by 1.4% in the 3rd quarter. Northern Trust Corp now owns 4,128,793 shares of the utilities provider's stock valued at $415,026,000 after buying an additional 57,365 shares in the last quarter. 66.29% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Insider Activity</h2><p>In other news, SVP Deneen L. Donnley sold 1,922 shares of Consolidated Edison stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $113.94, for a total transaction of $218,992.68. Following the completion of the sale, the senior vice president directly owned 32,453 shares of the company's stock, valued at approximately $3,697,694.82. The trade was a 5.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own  0.15% of the company's stock. </p><h2>Consolidated Edison Stock Up 0.8%</h2><ul><li>TKO Group Knocks Out WrestleMania Event Record</li></ul><p>Shares of NYSE:ED opened at $107.06 on Friday. The firm has a fifty day moving average price of $111.02 and a two-hundred day moving average price of $105.42. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.19 and a quick ratio of 1.09. Consolidated Edison Inc has a one year low of $94.96 and a one year high of $116.23. The company has a market cap of $39.45 billion, a price-to-earnings ratio of 18.02, a PEG ratio of 2.70 and a beta of 0.29. </p><p>Consolidated Edison (NYSE:ED - Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The utilities provider reported $2.18 EPS for the quarter, missing the consensus estimate of $2.28 by ($0.10). Consolidated Edison had a net margin of 12.52% and a return on equity of 8.33%. The firm had revenue of $5.10 billion during the quarter, compared to the consensus estimate of $5.22 billion. During the same period in the previous year, the business earned $2.26 earnings per share. Consolidated Edison has set its FY 2026 guidance at 6.000-6.200 EPS.  Analysts anticipate that  Consolidated Edison Inc will post 6.09 EPS for the current fiscal year. </p><h2>Consolidated Edison Dividend Announcement</h2><ul><li>3 Dividend Kings Poised to Outperform the Market</li></ul><p>The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Wednesday, May 13th will be issued a dividend of $0.8875 per share. This represents a $3.55 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Wednesday, May 13th. Consolidated Edison's payout ratio is currently 59.76%. </p><h2>Analyst Upgrades and Downgrades</h2><p>A number of research analysts recently weighed in on ED shares. Royal Bank Of Canada  reiterated a &#34;sector perform&#34; rating and issued a $118.00 price objective on shares of Consolidated Edison in a research note on Friday, January 23rd. Weiss Ratings upgraded shares of Consolidated Edison from a &#34;buy (b-)&#34; rating to a &#34;buy (b)&#34; rating in a research note on Friday, April 24th. Bank of America  reissued an &#34;underperform&#34; rating and issued a $104.00 price target on shares of Consolidated Edison in a report on Wednesday, February 25th. KeyCorp raised their price target on shares of Consolidated Edison from $96.00 to $97.00 and gave the company an &#34;underweight&#34; rating in a report on Tuesday, April 21st. Finally, TD Cowen raised their price target on shares of Consolidated Edison from $105.00 to $112.00 and gave the company a &#34;hold&#34; rating in a report on Tuesday, February 24th. Three analysts have rated the stock with a Buy rating, six have assigned  a Hold rating and six have assigned  a Sell rating to the company. According to MarketBeat, the stock  has a consensus rating of &#34;Reduce&#34; and an average target price of $109.14.</p><p><b>Get Our Latest Analysis on Consolidated Edison</b></p><h2>About Consolidated Edison</h2> (Free Report)<p>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.  </p><p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Consolidated Edison</li><li>2 Ways to Play the Big Pharma Patent Cliff</li><li>YETI Rallies After Earnings Beat and Raised Outlook</li><li>How the 3 Leading Quantum Firms Stack Up After Q1 Earnings</li><li>Cisco’s Vertical Rally May Still Be in the Early Innings</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVE?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUVE"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Consolidated Edison Right Now?</h2><p>Before you consider Consolidated Edison, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Consolidated Edison wasn't on the list.</p><p>While Consolidated Edison currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>World Investment Advisors increased its stake in Consolidated Edison Inc (NYSE:ED) by 143.2% in Q4, owning 31,871 shares valued at $3.17 million. Other institutional investors also raised their stakes. Consolidated Edison reported a quarterly EPS of $2.18, missing estimates, and announced a dividend of $0.8875 per share. The stock is currently trading at $107.06.</p>

Market Beat

Consolidated Edison

Sportradar Group AG

State Street

Lazard

Legal & General Group Plc

Northern Trust

ROYAL BANK OF CANADA

Bank of America

State Street® US Equity Premium Inc ETF

Northern Trust Pref Share NTRSO 4.7 Perp 01/01/25 E

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

World Investment Advisors Grows Stock Holdings in Consolidated Edison Inc $ED