Jefferies Financial Group Inc. Buys Shares of 21,925 Edison International $EIX

Jefferies Financial Group Inc. bought a new stake in shares of Edison International (NYSE:EIX) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 21,925 shares of the utilities provider’s stock, valued at approximately $1,316,000.

Several other large investors have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC increased its stake in Edison International by 86.2% during the 4th quarter. EverSource Wealth Advisors LLC now owns 19,502 shares of the utilities provider’s stock valued at $1,170,000 after buying an additional 9,027 shares during the period. LSV Asset Management grew its stake in shares of Edison International by 3,751.6% in the 4th quarter. LSV Asset Management now owns 666,326 shares of the utilities provider’s stock worth $39,993,000 after purchasing an additional 649,026 shares during the last quarter. Evoke Wealth LLC grew its stake in shares of Edison International by 88.6% in the 4th quarter. Evoke Wealth LLC now owns 12,203 shares of the utilities provider’s stock worth $732,000 after purchasing an additional 5,734 shares during the last quarter. Kingdom Financial Group LLC. acquired a new position in shares of Edison International in the 4th quarter worth approximately $315,000. Finally, Addison Advisors LLC grew its stake in shares of Edison International by 23.3% in the 4th quarter. Addison Advisors LLC now owns 1,192 shares of the utilities provider’s stock worth $72,000 after purchasing an additional 225 shares during the last quarter. Institutional investors and hedge funds own 88.95% of the company’s stock.

Analyst Upgrades and Downgrades

EIX has been the topic of a number of recent research reports. Bank of America decreased their target price on Edison International from $80.00 to $78.00 and set a “buy” rating on the stock in a report on Monday, April 20th. LADENBURG THALM/SH SH reissued a “sell” rating and issued a $63.00 target price on shares of Edison International in a research report on Thursday, March 5th. Wall Street Zen downgraded shares of Edison International from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Weiss Ratings raised shares of Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 15th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $72.64.

Edison International Stock Performance

EIX stock opened at $70.28 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $27.04 billion, a price-to-earnings ratio of 7.63, a P/E/G ratio of 1.24 and a beta of 0.68. Edison International has a 12 month low of $47.73 and a 12 month high of $76.21. The firm has a 50 day moving average of $71.01 and a two-hundred day moving average of $66.01.

Edison International (NYSE:EIX) last posted its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.32 by $0.10. The company had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.15 billion. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.37 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities analysts anticipate that Edison International will post 6.12 EPS for the current fiscal year.

Insider Buying and Selling at Edison International

In related news, Director Peter J. Taylor sold 500 shares of the company’s stock in a transaction on Monday, April 13th. The shares were sold at an average price of $75.30, for a total transaction of $37,650.00. Following the completion of the transaction, the director directly owned 34,212 shares in the company, valued at $2,576,163.60. This represents a 1.44% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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.

Edison International 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.