Stock Traders Buy High Volume of Edison International Call Options (NYSE:EIX)

Edison International (NYSE:EIX) was the recipient of some unusual options trading on Tuesday. Stock investors purchased 23,522 call options on the stock. This represents an increase of approximately 514% compared to the average daily volume of 3,833 call options.

Analyst Upgrades and Downgrades

Several analysts have recently commented on EIX shares. Mizuho restated a “neutral” rating and set a $70.00 target price (down from $86.00) on shares of Edison International in a report on Monday. UBS Group reduced their price target on shares of Edison International from $75.00 to $63.00 and set a “neutral” rating on the stock in a research report on Tuesday. Argus restated a “hold” rating on shares of Edison International in a research report on Wednesday, August 26th. Bank of America restated a “neutral” rating and issued a $51.00 price objective (down from $81.00) on shares of Edison International in a research report on Tuesday. Finally, Morgan Stanley dropped their target price on shares of Edison International from $69.00 to $65.00 and set an “underweight” rating for the company in a research note on Friday, August 21st. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $67.18.

Trending Headlines about Edison International

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: California lawmakers reportedly killed a wildfire bill that did not provide liability protections for investor-owned utilities. The development may reduce the immediate risk of the legislation becoming law and helped lift EIX and PG&E shares, although a replacement measure remains uncertain. PG&E Stock, Edison International Rise as California Lawmakers Kill Wildfire Bill
• Positive Sentiment: Options activity was unusually bullish, with traders purchasing 23,522 call options—about 514% above average volume. This signals heightened speculative interest in a recovery, though options positioning does not guarantee sustained buying in the stock.
• Neutral Sentiment: Analyst views are diverging. Mizuho reaffirmed a “neutral” rating but lowered its price target to $70 from $86, while Bank of America also maintained “neutral” and cut its target to $51 from $81. The wide range reflects substantial uncertainty around wildfire liability and potential financial exposure. Wall Street Breakfast Podcast: Liability Sparks Downgrades
• Negative Sentiment: The core risk remains unresolved: California’s amended wildfire legislation reportedly omitted the liability cap and other protections utilities had sought. Edison’s Southern California Edison subsidiary called for comprehensive wildfire reform, underscoring concerns about potentially significant claims, balance-sheet pressure and credit-rating damage if the company is held responsible for future fires. Edison International plunges 23% after California bill omits protections

Hedge Funds Weigh In On Edison International

Hedge funds have recently added to or reduced their stakes in the stock. Rakuten Investment Management Inc. acquired a new stake in Edison International during the 2nd quarter worth $4,750,000. Allworth Financial LP bought a new position in Edison International during the second quarter worth about $2,586,000. Goldman Sachs Group Inc. grew its stake in Edison International by 41.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 5,496,907 shares of the utilities provider’s stock valued at $329,924,000 after acquiring an additional 1,609,847 shares during the period. Patriot Financial Group Insurance Agency LLC acquired a new position in Edison International in the first quarter valued at about $1,503,000. Finally, Del Sette Capital Management LLC acquired a new position in Edison International in the first quarter valued at about $3,275,000. Institutional investors and hedge funds own 88.95% of the company’s stock.

Edison International Trading Up 9.3%

EIX stock traded up $5.03 during midday trading on Tuesday, reaching $59.01. The stock had a trading volume of 24,585,139 shares, compared to its average volume of 3,307,262. The firm has a market cap of $22.71 billion, a price-to-earnings ratio of 6.08, a PEG ratio of 5.45 and a beta of 0.66. Edison International has a twelve month low of $52.00 and a twelve month high of $81.62. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.95. The business has a fifty day simple moving average of $73.94 and a two-hundred day simple moving average of $72.33.

Edison International (NYSE:EIX) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.36. Edison International had a net margin of 20.30% and a return on equity of 15.53%. The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same quarter last year, the firm earned $0.97 EPS. The company’s revenue for the quarter was down 4.1% on a year-over-year basis. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, research analysts expect that Edison International will post 6.13 EPS for the current fiscal year.

Edison International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th were given a $0.8775 dividend. This represents a $3.51 annualized dividend and a dividend yield of 5.9%. The ex-dividend date was Tuesday, July 7th. Edison International’s dividend payout ratio (DPR) is currently 36.19%.

Edison International Company Profile

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.