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Tobam boosted its stake in Con Edison by 22.9% in Q3, now owning 75,802 shares worth $7.62 million.
Tobam increased its stake in Consolidated Edison (ED) by 22.9% in the third quarter, now holding 75,802 shares valued at $7.62 million, making it the firm’s second-largest holding.
The stock, trading near $113.59 on February 16, 2026, has a market cap of $41 billion, a 3.1% dividend yield, and a 59.44% payout ratio.
The ex-dividend date is February 18, with the dividend payable on March 16.
Analysts maintain a "Reduce" consensus rating with a $104.20 target.
Stratos Wealth Partners sold 45.3% of its stake, while Director John F. Killian reduced his holdings by 5.56%.
The company operates regulated utility services in New York.
Tobam aumentó su participación en Con Edison en un 22,9% en el tercer trimestre, ahora posee 75,802 acciones por valor de $ 7.62 millones.