Western Wealth Management LLC acquired a new stake in Edison International (NYSE:EIX – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 11,849 shares of the utilities provider’s stock, valued at approximately $867,000.
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp lifted its stake in shares of Edison International by 112.9% in the 1st quarter. Jones Financial Companies Lllp now owns 9,785 shares of the utilities provider’s stock valued at $577,000 after acquiring an additional 5,190 shares during the last quarter. Empowered Funds LLC grew its position in Edison International by 2.4% during the 1st 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 last quarter. Woodline Partners LP increased its holdings in Edison International by 40.7% in the 1st quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider’s stock worth $1,927,000 after purchasing an additional 9,459 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Edison International by 153.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider’s stock worth $451,000 after purchasing an additional 5,290 shares in the last quarter. Finally, Baird Financial Group Inc. bought a new position in Edison International in the second quarter valued at about $302,000. Institutional investors and hedge funds own 88.95% of the company’s stock.
Edison International Stock Down 0.1%
Shares of EIX opened at $73.30 on Monday. The company has a market capitalization of $28.21 billion, a PE ratio of 7.56, a PEG ratio of 5.70 and a beta of 0.66. Edison International has a 12 month low of $51.01 and a 12 month high of $81.62. The stock’s 50-day moving average price is $74.33 and its two-hundred day moving average price is $71.09. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95.
Edison International Dividend Announcement
The business 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. The ex-dividend date was Tuesday, July 7th. This represents a $3.51 annualized dividend and a yield of 4.8%. Edison International’s dividend payout ratio is presently 36.19%.
Edison International News Summary
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
Analyst Upgrades and Downgrades
EIX has been the topic of a number of recent research reports. Seaport Research Partners lowered Edison International from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. JPMorgan Chase & Co. upped their price objective on Edison International from $75.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Edison International in a report on Monday, July 13th. Barclays reiterated an “equal weight” rating and set a $75.00 target price (down from $78.00) on shares of Edison International in a research report on Friday. Finally, Morgan Stanley reissued an “underweight” rating and set a $69.00 target price on shares of Edison International in a report on Wednesday, July 22nd. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $73.00.
Get Our Latest Research Report on Edison International
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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