Edison International $EIX Stock Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. increased its stake in shares of Edison International (NYSE:EIX) by 100.4% in the 3rd quarter, Holdings Channel reports. The firm owned 23,574 shares of the utilities provider’s stock after purchasing an additional 11,812 shares during the period. Oppenheimer & Co. Inc.’s holdings in Edison International were worth $1,267,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Leo Wealth LLC purchased a new position in Edison International during the third quarter worth about $844,000. Paladin Wealth LLC boosted its holdings in shares of Edison International by 75.5% in the third quarter. Paladin Wealth LLC now owns 5,327 shares of the utilities provider’s stock valued at $286,000 after acquiring an additional 2,292 shares during the period. Signaturefd LLC increased its position in Edison International by 46.1% in the 3rd quarter. Signaturefd LLC now owns 6,436 shares of the utilities provider’s stock valued at $346,000 after acquiring an additional 2,032 shares during the period. Simplicity Wealth LLC purchased a new stake in shares of Edison International in the third quarter valued at about $243,000. Finally, Sowell Financial Services LLC lifted its holdings in Edison International by 62.8% in the third quarter. Sowell Financial Services LLC now owns 9,363 shares of the utilities provider’s stock valued at $503,000 after acquiring an additional 3,611 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.

Edison International Stock Up 0.2%

Shares of Edison International stock opened at $58.92 on Monday. The stock’s fifty day moving average is $57.77 and its 200-day moving average is $67.72. The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 2.01. Edison International has a 12-month low of $51.10 and a 12-month high of $81.62. The firm has a market capitalization of $22.67 billion, a PE ratio of 6.26, a price-to-earnings-growth ratio of 2.49 and a beta of 0.56.

Edison International (NYSE:EIX) last posted its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.92 EPS for the quarter, beating the consensus estimate of $1.81 by $0.11. The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $5.34 billion. Edison International had a net margin of 20.50% and a return on equity of 14.17%. Edison International’s revenue was down 15.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.34 EPS. Equities analysts anticipate that Edison International will post 6.13 earnings per share for the current year.

Edison International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, October 31st. Stockholders of record on Wednesday, October 7th were paid a $0.8775 dividend. The ex-dividend date was Wednesday, October 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 6.0%. Edison International’s payout ratio is 37.30%.

Insiders Place Their Bets

In other news, Director Peter Taylor sold 500 shares of the business’s stock in a transaction on 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 owned 33,212 shares in the company, valued at $1,845,258.72. The trade was a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 News Roundup

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

Several research firms have recently issued reports on EIX. Truist Financial cut their price target on Edison International from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Monday, October 12th. Weiss Ratings lowered Edison International from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, September 10th. Jefferies Financial Group downgraded Edison International from a “hold” rating to an “underperform” rating and lowered their price target for the company from $53.00 to $42.00 in a report on Friday, October 2nd. Mizuho downgraded shares of Edison International from an “outperform” rating to a “neutral” rating and decreased their target price for the company from $86.00 to $70.00 in a research note on Monday, August 31st. Finally, Wells Fargo & Company cut their price target on shares of Edison International from $62.00 to $59.00 and set an “underweight” rating on the stock in a report on Friday. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $60.73.

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.