Con Edison’s 42.83% Volume Jump to $0.42B Propels 249th Market Rank Amid Institutional Shifts and Infrastructure Push

On September 3, 2025, Consolidated Edison (ED) surged 0.67% with a trading volume of $0.42 billion, reflecting a 42.83% increase from the prior day and ranking 249th in market activity. Institutional investors and analysts remain active in their engagement with the stock, influencing its recent performance.

Recent developments highlight shifting institutional sentiment and strategic initiatives. Morgan Stanley raised ED’s price target to $75, while brokerages issued mixed ratings, including a consensus “Reduce” recommendation. Institutional investors such as Ontario Teachers Pension Plan and Toronto Dominion Bank adjusted their holdings, with some increasing stakes and others reducing positions. Meanwhile, Con Edison announced plans to construct the Astoria converter station for the Champlain Hudson Power Express, signaling long-term infrastructure investments.

Analysts have also focused on ED’s operational and financial metrics. Zacks Research and KeyCorp updated earnings forecasts, with Q3 2023 estimates reflecting $0.81 per share. Institutional ownership remains strong, with 67% of shares held by institutions. Additionally, Con Edison’s Brooklyn hub project, aimed at integrating offshore wind energy, underscores its commitment to expanding clean energy infrastructure.

Backtest results indicate that ED’s recent performance aligns with its historical trends, showing resilience amid mixed analyst ratings and institutional activity. The stock’s valuation metrics, including a P/E ratio of 17.84 and a dividend yield of 3.5%, remain key considerations for investors assessing its long-term appeal.