PNC Financial Services Group Inc. Purchases 6,729 Shares of Edison International $EIX

Posted by Francis Steltz on Jul 28th, 2026

PNC Financial Services Group Inc. increased its position in Edison International (NYSE:EIX – Free Report) by 11.2% during the first quarter, Holdings Channel reports. The firm owned 66,605 shares of the utilities provider’s stock after buying an additional 6,729 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Edison International were worth $4,874,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of EIX. 10Elms LLP acquired a new position in Edison International during the fourth quarter worth approximately $26,000. Transamerica Financial Advisors LLC raised its stake in Edison International by 170.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock valued at $27,000 after buying an additional 281 shares during the period. Quest 10 Wealth Builders Inc. lifted its position in shares of Edison International by 866.7% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock valued at $47,000 after buying an additional 702 shares during the last quarter. DV Equities LLC acquired a new stake in shares of Edison International in the fourth quarter valued at approximately $52,000. Finally, McMillan Office Inc. bought a new position in shares of Edison International during the 4th quarter worth approximately $55,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.

Edison International Trading Down 1.4%

Shares of NYSE:EIX opened at $78.64 on Tuesday. Edison International has a 12-month low of $51.01 and a 12-month high of $80.90. The stock has a market cap of $30.26 billion, a PE ratio of 8.54, a P/E/G ratio of 6.20 and a beta of 0.66. The business has a 50 day moving average of $73.76 and a 200-day moving average of $70.58. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1.98.

Edison International (NYSE:EIX – Get Free Report) last posted its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 EPS for the quarter, beating the consensus estimate of $1.32 by $0.10. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.15 billion. Edison International had a return on equity of 14.56% and a net margin of 19.27%.The firm’s revenue for the quarter was up 7.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.37 earnings per share. As a group, equities research analysts forecast that Edison International will post 6.13 earnings per share for the current year.

Edison International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, July 7th will be paid a $0.8775 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $3.51 annualized dividend and a yield of 4.5%. Edison International’s payout ratio is 38.11%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on EIX shares. Seaport Research Partners lowered Edison International from a “buy” rating to a “neutral” rating in a report on Monday, April 20th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Edison International in a report on Monday, July 13th. Wells Fargo & Company reaffirmed an “underweight” rating and set a $62.00 price target on shares of Edison International in a report on Tuesday, April 21st. Truist Financial reduced their price objective on shares of Edison International from $82.00 to $79.00 and set a “hold” rating for the company in a research report on Monday, May 18th. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $69.00 price objective on shares of Edison International in a report on Wednesday, July 22nd. Four research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $72.64.

View Our Latest Stock Report on EIX

About Edison International

(Free Report)

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.