Pinnacle Associates Ltd. Takes Position in Edison International $EIX

Posted by George Bondi on May 18th, 2026

Pinnacle Associates Ltd. purchased a new stake in shares of Edison International (NYSE:EIX – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 11,210 shares of the utilities provider’s stock, valued at approximately $673,000.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position 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 acquiring an additional 480,726 shares during the period. AQR Capital Management LLC lifted its position in Edison International by 8.0% during the 3rd quarter. AQR Capital Management LLC now owns 10,763,984 shares of the utilities provider’s stock valued at $595,033,000 after acquiring an additional 801,082 shares during the period. Northern Trust Corp lifted its position in Edison International by 11.2% during the 3rd quarter. Northern Trust Corp now owns 5,407,847 shares of the utilities provider’s stock valued at $298,946,000 after acquiring an additional 545,344 shares during the period. Legal & General Group Plc lifted its position in Edison International by 3.7% during the 3rd quarter. Legal & General Group Plc now owns 4,561,255 shares of the utilities provider’s stock valued at $252,146,000 after acquiring an additional 162,336 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its position in Edison International by 5.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,346,201 shares of the utilities provider’s stock valued at $260,859,000 after acquiring an additional 220,785 shares during the period. 88.95% of the stock is owned by hedge funds and other institutional investors.

Edison International Stock Up 0.2%

Shares of Edison International stock opened at $69.27 on Monday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.68 and a current ratio of 0.74. The stock has a market capitalization of $26.65 billion, a PE ratio of 7.52, a price-to-earnings-growth ratio of 1.20 and a beta of 0.68. Edison International has a 52-week low of $47.73 and a 52-week high of $76.21. The company has a 50-day simple moving average of $71.20 and a two-hundred day simple moving average of $65.07.

Edison International (NYSE:EIX – Get Free Report) last issued its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.10. The business had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.15 billion. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.37 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, analysts anticipate that Edison International will post 6.12 EPS for the current fiscal year.

Edison International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th were issued a $0.8775 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $3.51 annualized dividend and a yield of 5.1%. Edison International’s payout ratio is 38.11%.

Insider Transactions at Edison International

In other Edison International news, Director Peter J. Taylor sold 500 shares of Edison International stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $75.30, for a total value of $37,650.00. Following the completion of the transaction, the director directly owned 34,212 shares of the company’s stock, valued at approximately $2,576,163.60. The trade was a 1.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.20% of the company’s stock.

Analyst Ratings Changes

EIX has been the subject of a number of recent research reports. Wall Street Zen cut shares of Edison International from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. JPMorgan Chase & Co. lifted their price target on shares of Edison International from $75.00 to $76.00 and gave the company a “neutral” rating in a research report on Friday. Truist Financial initiated coverage on shares of Edison International in a research report on Monday, April 20th. They set a “hold” rating and a $82.00 price target for the company. Weiss Ratings raised shares of Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 15th. Finally, Barclays lowered their price target on shares of Edison International from $78.00 to $77.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, Edison International presently has a consensus rating of “Hold” and an average target price of $72.91.

Get Our Latest Analysis on Edison International

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.