Edison International $EIX Shares Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC increased its holdings in shares of Edison International (NYSE:EIX) by 70.2% during the 4th quarter, Holdings Channel.com reports. The fund owned 70,534 shares of the utilities provider’s stock after buying an additional 29,096 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Edison International were worth $4,233,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of EIX. Jones Financial Companies Lllp raised its stake in Edison International by 112.9% during the first quarter. Jones Financial Companies Lllp now owns 9,785 shares of the utilities provider’s stock worth $577,000 after acquiring an additional 5,190 shares during the period. Empowered Funds LLC raised its stake in Edison International by 2.4% during the first quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock worth $523,000 after acquiring an additional 211 shares during the period. Woodline Partners LP raised its stake in Edison International by 40.7% during the first quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider’s stock worth $1,927,000 after acquiring an additional 9,459 shares during the period. Sivia Capital Partners LLC raised its stake in Edison International by 153.6% during the second quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider’s stock worth $451,000 after acquiring an additional 5,290 shares during the period. Finally, Baird Financial Group Inc. acquired a new stake in Edison International during the second quarter worth about $302,000. Institutional investors and hedge funds own 88.95% of the company’s stock.

Edison International Price Performance

Shares of NYSE:EIX opened at $71.25 on Wednesday. The firm’s 50 day moving average is $71.01 and its two-hundred day moving average is $66.73. Edison International has a 52 week low of $47.73 and a 52 week high of $76.21. The firm has a market capitalization of $27.42 billion, a P/E ratio of 7.74, a PEG ratio of 1.23 and a beta of 0.67. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.98.

Edison International (NYSE:EIX) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.32 by $0.10. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.15 billion. During the same quarter last year, the business earned $1.37 earnings per share. Edison International’s revenue was up 7.7% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. Analysts anticipate that Edison International will post 6.12 earnings per share for the current year.

Wall Street Analyst Weigh In

EIX has been the topic of several research reports. Truist Financial dropped their price objective on shares of Edison International from $82.00 to $79.00 and set a “hold” rating on the stock in a research note on Monday, May 18th. UBS Group lowered shares of Edison International from a “buy” rating to a “neutral” rating and increased their price objective for the stock from $70.00 to $78.00 in a research note on Friday, February 13th. Barclays dropped their price objective on shares of Edison International from $78.00 to $77.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. Bank of America dropped their price objective on shares of Edison International from $80.00 to $78.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Finally, Weiss Ratings upgraded shares of Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 15th. Four investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Edison International currently has an average rating of “Hold” and a consensus target price of $72.64.

Insider Activity at Edison International

In other Edison International news, Director Peter J. Taylor sold 500 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $75.30, for a total value of $37,650.00. Following the sale, the director owned 34,212 shares in the company, valued at approximately $2,576,163.60. This trade represents a 1.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.20% of the company’s stock.

About Edison International

Edison International is a publicly traded utility holding company based in Rosemead, California, whose principal subsidiary is Southern California Edison (SCE). As an electric utility holding company, Edison International oversees the delivery of electricity through SCE’s integrated network of generation procurement, transmission and distribution infrastructure, serving millions of customers across central, coastal and southern California. The company’s operations focus on reliable energy delivery, customer service, regulatory compliance and long-term infrastructure planning for a complex and high-demand service territory.

The company’s activities include procuring and managing a diverse resource mix, maintaining and upgrading transmission and distribution systems, and implementing grid modernization projects.