Edison International (NYSE:EIX) Lowered to “Hold” Rating by Zacks Research

Zacks Research cut shares of Edison International (NYSE:EIX) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports. Zacks Research also issued estimates for Edison International’s Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $2.47 EPS, FY2026 earnings at $6.22 EPS, Q1 2027 earnings at $1.53 EPS and Q2 2027 earnings at $0.78 EPS.

Several other equities analysts have also issued reports on the company. UBS Group upped their price target on Edison International from $66.00 to $70.00 and gave the company a “buy” rating in a research note on Tuesday, December 2nd. LADENBURG THALM/SH SH boosted their price objective on Edison International from $52.50 to $55.00 and gave the stock a “neutral” rating in a report on Thursday, October 30th. Morgan Stanley reaffirmed an “underweight” rating and issued a $59.00 target price on shares of Edison International in a research note on Tuesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Edison International in a research report on Monday. Finally, Wall Street Zen raised shares of Edison International from a “hold” rating to a “buy” rating in a research note on Sunday. Six equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $63.70.

Edison International Stock Down 1.3%

Shares of NYSE EIX opened at $58.34 on Monday. Edison International has a 52-week low of $47.73 and a 52-week high of $81.20. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.76 and a current ratio of 0.82. The business has a fifty day moving average of $57.13 and a two-hundred day moving average of $54.70. The stock has a market cap of $22.45 billion, a PE ratio of 7.63, a PEG ratio of 0.89 and a beta of 0.83.

Edison International (NYSE:EIX) last posted its quarterly earnings data on Tuesday, October 28th. The utilities provider reported $2.34 earnings per share for the quarter, topping the consensus estimate of $2.16 by $0.18. The company had revenue of $5.75 billion during the quarter, compared to analyst estimates of $5.31 billion. Edison International had a net margin of 17.24% and a return on equity of 13.62%. The company’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the business posted $1.51 earnings per share. Edison International has set its FY 2025 guidance at 5.950-6.200 EPS. As a group, equities research analysts expect that Edison International will post 4.95 earnings per share for the current fiscal year.

Edison International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, January 31st. Investors of record on Wednesday, January 7th will be given a $0.8775 dividend. The ex-dividend date is Wednesday, January 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 6.0%. This is a positive change from Edison International’s previous quarterly dividend of $0.83. Edison International’s dividend payout ratio is 43.27%.

Insider Activity

In other news, Director Peter J. Taylor sold 1,800 shares of the business’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $55.27, for a total value of $99,486.00. Following the sale, the director directly owned 35,212 shares in the company, valued at $1,946,167.24. The trade was a 4.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.20% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Edison International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Norges Bank bought a new stake in shares of Edison International in the second quarter worth $268,801,000. AQR Capital Management LLC lifted its position in Edison International by 83.5% during the 2nd quarter. AQR Capital Management LLC now owns 9,962,902 shares of the utilities provider’s stock worth $510,649,000 after buying an additional 4,534,864 shares in the last quarter. ATLAS Infrastructure Partners UK Ltd. boosted its stake in shares of Edison International by 197.2% during the 1st quarter. ATLAS Infrastructure Partners UK Ltd. now owns 4,395,732 shares of the utilities provider’s stock worth $258,997,000 after buying an additional 2,916,645 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Edison International by 4.9% during the 2nd quarter. Vanguard Group Inc. now owns 51,470,117 shares of the utilities provider’s stock worth $2,655,858,000 after buying an additional 2,386,562 shares during the last quarter. Finally, Los Angeles Capital Management LLC grew its holdings in shares of Edison International by 237.2% in the 2nd quarter. Los Angeles Capital Management LLC now owns 1,904,568 shares of the utilities provider’s stock valued at $98,276,000 after acquiring an additional 1,339,806 shares in the last quarter. Institutional investors and hedge funds own 88.95% of the company’s stock.

About Edison International

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.