Groupama Asset Managment lessened its holdings in Edison International (NYSE:EIX – Free Report) by 54.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 10,407 shares of the utilities provider’s stock after selling 12,381 shares during the quarter. Groupama Asset Managment’s holdings in Edison International were worth $762,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of the business. Equitable Trust Co. boosted its position in Edison International by 0.8% during the first quarter. Equitable Trust Co. now owns 19,616 shares of the utilities provider’s stock worth $1,435,000 after purchasing an additional 148 shares in the last quarter. Altshuler Shaham Ltd increased its position in shares of Edison International by 36.6% in the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock valued at $42,000 after buying an additional 155 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Edison International by 5.3% during the 4th quarter. UMB Bank n.a. now owns 3,169 shares of the utilities provider’s stock worth $190,000 after buying an additional 159 shares during the period. Sterling Group Wealth Management LLC raised its stake in shares of Edison International by 2.7% during the 1st quarter. Sterling Group Wealth Management LLC now owns 7,213 shares of the utilities provider’s stock worth $528,000 after buying an additional 190 shares during the period. Finally, Huntington National Bank lifted its position in shares of Edison International by 6.2% during the 4th quarter. Huntington National Bank now owns 3,351 shares of the utilities provider’s stock valued at $201,000 after buying an additional 196 shares in the last quarter. Institutional investors and hedge funds own 88.95% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on EIX shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Edison International in a research note on Monday, July 13th. Truist Financial decreased their price objective on shares of Edison International from $82.00 to $79.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Bank of America dropped their target price on shares of Edison International from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. JPMorgan Chase & Co. boosted their target price on shares of Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Finally, Mizuho upped their price target on shares of Edison International from $79.00 to $86.00 and gave the stock an “outperform” rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $73.00.
Key Edison International News
Here are the key news stories impacting Edison International this week:
- Positive Sentiment: Second-quarter adjusted core EPS was $1.54, up from $0.97 a year earlier and above the approximately $1.02–$1.18 consensus range. Net income reached $534 million, while management reaffirmed full-year 2026 core EPS guidance of $5.90–$6.20. Edison International Reports Second Quarter 2026 Results
- Positive Sentiment: Southern California Edison outlined plans to install approximately 450 miles of covered conductor, supporting wildfire mitigation efforts and potentially reducing future operational risk. Edison reaffirms 2026 core EPS guidance
- Neutral Sentiment: Analyst price targets remain mixed, with a reported median target of $77.50. Institutional positioning was also divided in the latest quarter, with 539 investors adding shares and 390 reducing holdings.
- Negative Sentiment: Quarterly revenue fell 4.1% year over year to $4.36 billion, below the roughly $4.82 billion analyst expectation. The revenue shortfall overshadowed the EPS beat and raised concerns about the quality and durability of earnings growth. Edison International Q2 earnings surpass estimates, revenues miss
- Negative Sentiment: Wildfire litigation remains the largest valuation overhang. Southern California Edison has reported roughly 2,000 Eaton Fire lawsuits involving about 30,000 plaintiffs, while Edison has said it cannot yet reasonably estimate potential losses. Edison International slides as earnings miss adds to wildfire overhang
- Negative Sentiment: At least one analyst moved to a less bullish stance, adding to pressure on the stock after the earnings release. Edison International analyst downgrade
Edison International Stock Performance
Shares of NYSE:EIX opened at $73.30 on Monday. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.66 and a quick ratio of 0.61. Edison International has a 1 year low of $51.01 and a 1 year high of $81.62. The firm has a market capitalization of $28.21 billion, a PE ratio of 7.56, a P/E/G ratio of 5.70 and a beta of 0.66. The business’s 50 day moving average price is $74.33 and its 200-day moving average price is $71.09.
Edison International (NYSE:EIX – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.54 EPS for the quarter, beating the consensus estimate of $1.18 by $0.36. The firm had revenue of $4.36 billion during the quarter, compared to the consensus estimate of $4.82 billion. Edison International had a return on equity of 15.53% and a net margin of 20.30%.The firm’s revenue was down 4.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.97 EPS. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities research analysts expect that Edison International will post 6.13 earnings per share for the current fiscal year.
Edison International Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th were issued a dividend of $0.8775 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.8%. Edison International’s dividend payout ratio is presently 36.19%.
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.
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