Swiss Life Asset Management Ltd Has $9.96 Million Stake in Consolidated Edison Inc $ED

NodeGuardian · 2026-03-23T00:53:27+00:00

Swiss Life Asset Management Ltd has cut its stake in Consolidated Edison by 22.6%, holding 99,101 shares worth about $9.96 million. Despite this, the company surpassed quarterly earnings expectations and offered positive FY2026 guidance, though analyst ratings are mixed.

NodeGuardian

2026-03-23 00:53:27

Abstract generation in progress

Swiss Life Asset Management Ltd has reduced its stake in Consolidated Edison Inc by 22.6%, now holding 99,101 shares valued at approximately $9.96 million. Despite this, Consolidated Edison recently exceeded quarterly earnings estimates and provided optimistic FY2026 guidance. Analyst sentiment remains mixed, with a consensus rating of “Reduce” and an average price target of $108.80.

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