Bokf Na boosted its holdings in Edison International (NYSE:EIX – Free Report) by 107.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,594 shares of the utilities provider’s stock after buying an additional 9,132 shares during the quarter. Bokf Na’s holdings in Edison International were worth $945,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Avior Wealth Management LLC increased its position in Edison International by 4.7% in the 2nd quarter. Avior Wealth Management LLC now owns 2,956 shares of the utilities provider’s stock valued at $220,000 after acquiring an additional 134 shares during the period. Equitable Trust Co. lifted its holdings in shares of Edison International by 0.8% during the first quarter. Equitable Trust Co. now owns 19,616 shares of the utilities provider’s stock worth $1,435,000 after purchasing an additional 148 shares during the period. Altshuler Shaham Ltd lifted its holdings in shares of Edison International by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 155 shares during the period. Cidel Asset Management Inc. grew its stake in shares of Edison International by 3.0% in the second quarter. Cidel Asset Management Inc. now owns 6,088 shares of the utilities provider’s stock worth $453,000 after purchasing an additional 178 shares during the last quarter. Finally, Paladin Wealth LLC grew its stake in shares of Edison International by 6.3% in the second quarter. Paladin Wealth LLC now owns 3,035 shares of the utilities provider’s stock worth $226,000 after purchasing an additional 181 shares during the last quarter. 88.95% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Edison International news, Director Peter Taylor sold 500 shares of the stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $55.56, for a total transaction of $27,780.00. Following the completion of the sale, the director directly owned 33,212 shares in the company, valued at approximately $1,845,258.72. This trade represents a 1.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 Trading Down 0.8%
NYSE:EIX opened at $58.92 on Friday. Edison International has a 52 week low of $51.10 and a 52 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 firm’s fifty day moving average is $57.77 and its 200-day moving average is $67.72. The firm has a market cap of $22.67 billion, a P/E ratio of 6.26, a P/E/G ratio of 2.49 and a beta of 0.62.
Edison International (NYSE:EIX – Get Free Report) last announced its earnings results on Thursday, October 29th. The utilities provider reported $1.92 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.11. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $5.34 billion. Edison International had a net margin of 20.50% and a return on equity of 14.27%. Edison International’s quarterly revenue was down 15.0% on a year-over-year basis. During the same quarter last year, the firm earned $2.34 earnings per share. Equities analysts expect that Edison International will post 6.13 earnings per share for the current year.
Edison International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Wednesday, October 7th were issued a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a yield of 6.0%. The ex-dividend date was Wednesday, October 7th. Edison International’s dividend payout ratio (DPR) is presently 37.30%.
Trending Headlines about Edison International
Here are the key news stories impacting Edison International this week:
- Positive Sentiment: Edison reported third-quarter adjusted EPS of $1.92, exceeding consensus estimates of $1.81-$1.83. Management also reaffirmed its 2026 core EPS guidance of $5.90-$6.20 and outlined a $38 billion-$41 billion capital-investment plan. Edison International Q3 Earnings Outpace Estimates, Revenues Miss
- Positive Sentiment: The company maintained its earnings outlook despite regulatory challenges, providing some support for the stock’s longer-term investment case. Edison Reaffirms 2026 Core EPS Guidance
- Neutral Sentiment: Barclays raised its price target from $53 to $58 while retaining an “equal weight” rating, suggesting limited expected upside at recent trading levels. Barclays Edison International Ratings
- Neutral Sentiment: Edison was highlighted among high-yield utility stocks, which may attract income-focused investors, although the article does not introduce a material change to the company’s outlook. High-Yield Utilities Article
- Negative Sentiment: Third-quarter revenue fell 15% year over year to $4.89 billion, missing estimates of $5.34 billion, while EPS declined from $2.34 a year earlier. The revenue miss and weaker earnings growth temper the impact of the EPS beat. Q3 Earnings and Revenue Results
- Negative Sentiment: Management stressed the need for urgent California wildfire-liability reform, warning that rising financing costs could restrict grid investment. Delays in reform and potential wildfire claims remain major risks. EIX Earnings Call Highlights Wildfire Reform
- Negative Sentiment: Wells Fargo lowered its price target from $62 to $59 and maintained an “underweight” rating, reinforcing investor concerns about limited upside and regulatory exposure. Wells Fargo Edison International Ratings
Analysts Set New Price Targets
EIX has been the subject of a number of recent research reports. 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. Morgan Stanley lifted their target price on Edison International from $60.00 to $62.00 and gave the stock an “underweight” rating in a report on Wednesday, October 21st. Barclays upped their price target on Edison International from $53.00 to $58.00 and gave the company an “equal weight” rating in a research report on Friday. Argus cut Edison International from a “buy” rating to a “hold” rating in a research note on Wednesday, August 26th. Finally, JPMorgan Chase & Co. decreased their price target on Edison International from $61.00 to $59.00 and set a “neutral” rating for the company in a research note on Monday, October 12th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $60.73.
View Our Latest Stock Report on EIX
Edison International Profile
Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.
Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.
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