Royal Bank of Canada increased its stake in Edison International (NYSE:EIX – Free Report) by 6.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,171,775 shares of the utilities provider’s stock after acquiring an additional 126,639 shares during the period. Royal Bank of Canada’s holdings in Edison International were worth $158,932,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in Edison International by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 52,220,399 shares of the utilities provider’s stock valued at $3,134,268,000 after purchasing an additional 480,726 shares in the last quarter. State Street Corp increased its position in shares of Edison International by 3.0% during the 4th quarter. State Street Corp now owns 33,141,204 shares of the utilities provider’s stock valued at $1,989,135,000 after purchasing an additional 953,800 shares during the period. AQR Capital Management LLC raised its stake in shares of Edison International by 69.9% in the 4th quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider’s stock worth $1,097,475,000 after buying an additional 7,521,168 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Edison International by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 13,018,379 shares of the utilities provider’s stock worth $803,407,000 after buying an additional 386,905 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Edison International by 12.3% in the fourth quarter. Northern Trust Corp now owns 6,070,324 shares of the utilities provider’s stock valued at $364,341,000 after buying an additional 662,477 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.
Key Headlines Impacting Edison International
Here are the key news stories impacting Edison International this week:
- Positive Sentiment: Edison reported second-quarter adjusted core earnings of $1.54 per share, up from $0.97 a year earlier and above analyst estimates ranging from $1.02 to $1.18. GAAP net income also rose to $534 million from $343 million, providing the main catalyst for the stock’s gain. Edison International Beats Q2 Earnings Estimates
- Positive Sentiment: The company reaffirmed its 2026 core EPS guidance of $5.90 to $6.20, supporting earnings visibility. Southern California Edison also outlined plans to install 450 miles of covered conductor, a wildfire-prevention investment that could strengthen system reliability and reduce long-term fire risk. Edison Reaffirms 2026 Core EPS Guidance
- Neutral Sentiment: Management’s guidance remains broadly consistent with expectations, but the $6.05 midpoint is modestly below the approximately $6.12 analyst consensus. Investors may therefore look for evidence that grid investment, rate-case support and demand growth can sustain the earnings trajectory. Edison International Q2 Earnings Call Transcript
- Negative Sentiment: Revenue totaled $4.36 billion, below the $4.82 billion consensus estimate and down 4.1% year over year. The revenue shortfall may limit enthusiasm despite the substantial earnings improvement. Edison International Reports Second Quarter 2026 Results
Analyst Upgrades and Downgrades
View Our Latest Analysis on EIX
Edison International Stock Performance
EIX opened at $78.75 on Friday. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1.98. The firm has a market cap of $30.30 billion, a PE ratio of 8.55, a P/E/G ratio of 6.11 and a beta of 0.66. The business has a fifty day simple moving average of $74.29 and a 200-day simple moving average of $70.99. Edison International has a fifty-two week low of $51.01 and a fifty-two week high of $81.62.
Edison International (NYSE:EIX – Get Free Report) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.18 by $0.36. Edison International had a return on equity of 14.56% and a net margin of 19.27%.The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same period in the previous year, the firm earned $0.97 earnings per share. Edison International’s revenue for the quarter was down 4.1% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities analysts predict that Edison International will post 6.13 EPS for the current fiscal year.
Edison International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, July 7th will be issued a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a yield of 4.5%. The ex-dividend date is Tuesday, July 7th. Edison International’s payout ratio is presently 38.11%.
Edison International Company Profile
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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