Edison International (NYSE:EIX) Director Peter Taylor Sells 500 Shares of Company Stock

Edison International (NYSE:EIX) Director Peter Taylor sold 500 shares of the firm’s stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $55.56, for a total value of $27,780.00. Following the completion of the sale, the director owned 33,212 shares in the company, valued at approximately $1,845,258.72. This represents a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Edison International Stock Performance

Edison International stock traded down $0.45 during mid-day trading on Tuesday, hitting $55.19. 15,482,849 shares of the company’s stock traded hands, compared to its average volume of 3,686,577. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.95. Edison International has a one year low of $51.10 and a one year high of $81.62. The firm has a 50 day moving average price of $61.24 and a 200 day moving average price of $68.73. The company has a market cap of $21.24 billion, a PE ratio of 5.69, a price-to-earnings-growth ratio of 2.23 and a beta of 0.62.

Edison International (NYSE:EIX) last released 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. The company had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.82 billion. Edison International had a return on equity of 15.53% and a net margin of 20.30%. The company’s revenue for the quarter was down 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.97 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, equities analysts forecast that Edison International will post 6.13 EPS for the current year.

Edison International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Wednesday, October 7th will be issued a $0.8775 dividend. The ex-dividend date of this dividend is Wednesday, October 7th. This represents a $3.51 annualized dividend and a yield of 6.4%. Edison International’s dividend payout ratio is presently 36.19%.

Key Stories Impacting Edison International

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

• Positive Sentiment: Edison International’s roughly 6.4% dividend yield may attract income-focused investors, and comparisons with other high-yield stocks highlight the potential appeal of its payout. However, investors must balance the yield against wildfire liabilities, leverage and dividend-sustainability risks. Edison International Offers a 6.4% Yield, but Investors Must Weigh the Risks
• Neutral Sentiment: Director Peter Taylor sold 500 shares for approximately $27,780 under a pre-arranged Rule 10b5-1 trading plan. The relatively small sale, which reduced his holdings by 1.48%, is less concerning than a discretionary transaction, though it adds modest insider-selling news. SEC Form 4 Filing
• Negative Sentiment: JPMorgan lowered its price target on Edison International from $61 to $59 and maintained a “neutral” rating, reflecting limited expected upside from recent trading levels and continued uncertainty surrounding the company. JPMorgan Price Target Update
• Negative Sentiment: The stock declined after short seller Muddy Waters alleged willful misconduct in connection with the Eaton Fire case. The allegations increase investor concern about potential litigation, regulatory scrutiny and wildfire-related financial exposure. Muddy Waters Eaton Fire Allegations
• Negative Sentiment: Investors purchased 12,575 put options, about 74% above typical daily volume. While options activity is not definitive, the surge indicates heightened hedging or bearish speculation around Edison International.

Institutional Trading of Edison International

A number of hedge funds have recently bought and sold shares of EIX. Rakuten Investment Management Inc. acquired a new stake in shares of Edison International during the second quarter valued at approximately $4,750,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Edison International during the 2nd quarter worth approximately $33,328,000. Jupiter Topco LLC purchased a new position in Edison International during the 2nd quarter worth approximately $3,577,000. Corient Private Wealth LP grew its position in Edison International by 49.7% during the 2nd quarter. Corient Private Wealth LP now owns 136,621 shares of the utilities provider’s stock worth $10,171,000 after purchasing an additional 45,336 shares in the last quarter. Finally, Allworth Financial LP purchased a new position in Edison International during the 2nd quarter worth approximately $2,586,000. 88.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

EIX has been the topic of several research analyst reports. Jefferies Financial Group reissued an “underperform” rating and set a $42.00 target price (down from $53.00) on shares of Edison International in a research note on Friday, October 2nd. Weiss Ratings lowered shares of Edison International from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, September 10th. Barclays dropped their target price on Edison International from $75.00 to $53.00 and set an “equal weight” rating on the stock in a report on Friday. UBS Group restated a “neutral” rating and issued a $57.00 price objective on shares of Edison International in a report on Thursday, September 24th. Finally, Bank of America lowered shares of Edison International from a “buy” rating to a “neutral” rating and cut their target price for the company from $81.00 to $51.00 in a research note on Tuesday, September 1st. One research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Edison International has a consensus rating of “Reduce” and an average target price of $60.18.

About Edison International

Edison International is a publicly owned holding company based in Rosemead, California. Its principal subsidiary, Southern California Edison (SCE), is an electric utility that generates, transmits, and distributes electricity across central, coastal, and Southern California.

SCE provides electric service to residential, commercial, industrial, and public-sector customers and manages a large transmission and distribution network. The utility is also involved in grid modernization, wildfire mitigation, renewable energy integration, energy efficiency, and the development of electric transportation infrastructure.

Edison International’s history is rooted in Southern California Edison, which traces its origins to the late 19th century.