Western Wealth Management LLC bought a new stake in Edison International (NYSE:EIX – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,849 shares of the utilities provider’s stock, valued at approximately $867,000.
A number of other institutional investors have also bought and sold shares of EIX. 10Elms LLP bought a new position in shares of Edison International in the 4th quarter worth about $26,000. Transamerica Financial Advisors LLC boosted its position in shares of Edison International by 170.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock valued at $27,000 after purchasing an additional 281 shares in the last quarter. Altshuler Shaham Ltd boosted its position in shares of Edison International by 36.6% during the 1st quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock valued at $42,000 after purchasing an additional 155 shares in the last quarter. Quest 10 Wealth Builders Inc. grew its stake in Edison International by 866.7% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 702 shares during the period. Finally, DV Equities LLC acquired a new stake in Edison International during the fourth quarter worth approximately $52,000. Institutional investors own 88.95% of the company’s stock.
Wall Street Analysts Forecast Growth
EIX has been the subject of a number of research analyst reports. Bank of America lowered their target price on Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a report on Monday, April 20th. Weiss Ratings restated a “buy (b-)” rating on shares of Edison International in a report on Monday, July 13th. Mizuho raised their price objective on shares of Edison International from $79.00 to $86.00 and gave the stock an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. lifted their price objective on shares of Edison International from $75.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Finally, Truist Financial dropped their target price on shares of Edison International from $82.00 to $79.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $73.00.
Key Stories Impacting Edison International
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 Down 0.1%
EIX stock opened at $73.30 on Monday. The stock’s 50 day simple moving average is $74.33 and its 200 day simple moving average is $71.09. Edison International has a fifty-two week low of $51.01 and a fifty-two week high of $81.62. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. The company has a market cap of $28.21 billion, a P/E ratio of 7.56, a price-to-earnings-growth ratio of 5.70 and a beta of 0.66.
Edison International (NYSE:EIX – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.36. Edison International had a return on equity of 15.53% and a net margin of 20.30%.The business had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the prior year, the company earned $0.97 earnings per share. The company’s quarterly revenue was down 4.1% on a year-over-year basis. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, research analysts expect that Edison International will post 6.13 earnings per share for the current fiscal year.
Edison International Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 7th were issued a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Tuesday, July 7th. Edison International’s dividend payout ratio (DPR) is currently 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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