LFG Wealth Partners LLC bought a new position in Edison International (NYSE:EIX – Free Report) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 11,110 shares of the utilities provider’s stock, valued at approximately $813,000.
Several other institutional investors have also added to or reduced their stakes in EIX. Groupe la Francaise purchased a new position in shares of Edison International in the first quarter worth about $29,000. 10Elms LLP purchased a new position in Edison International in the 4th quarter worth approximately $26,000. Transamerica Financial Advisors LLC increased its stake in Edison International by 170.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock worth $27,000 after purchasing an additional 281 shares during the period. Altshuler Shaham Ltd lifted its position in Edison International by 36.6% in the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock valued at $42,000 after purchasing an additional 155 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. boosted its stake in shares of Edison International by 866.7% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock valued at $47,000 after purchasing an additional 702 shares during the period. 88.95% of the stock is currently owned by hedge funds and other institutional investors.
Edison International Trading Down 0.1%
NYSE EIX opened at $73.30 on Monday. The firm has a market capitalization of $28.21 billion, a PE ratio of 7.56, a P/E/G ratio of 5.70 and a beta of 0.66. The stock’s 50 day moving average is $74.33 and its 200 day moving average is $71.09. Edison International has a twelve month low of $51.01 and a twelve month high of $81.62. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.95.
Edison International Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 7th were paid a dividend of $0.8775 per share. The ex-dividend date was Tuesday, July 7th. This represents a $3.51 dividend on an annualized basis and a yield of 4.8%. Edison International’s payout ratio is presently 36.19%.
Wall Street Analyst Weigh In
Several research analysts have recently issued reports on EIX shares. Weiss Ratings restated a “buy (b-)” rating on shares of Edison International in a report on Monday, July 13th. Mizuho increased their price target on shares of Edison International from $79.00 to $86.00 and gave the company an “outperform” rating in a research report on Friday. JPMorgan Chase & Co. raised their price target on shares of Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Seaport Research Partners cut shares of Edison International from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Finally, Bank of America lowered their price objective on shares of Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $73.00.
View Our Latest Stock Analysis on EIX
Key Stories Impacting Edison International
Here are the key news stories impacting Edison International this week:
- Positive Sentiment: Second-quarter adjusted core EPS was $1.54, up from $0.97 a year earlier and above the approximately $1.02–$1.18 consensus range. Net income reached $534 million, while management reaffirmed full-year 2026 core EPS guidance of $5.90–$6.20. Edison International Reports Second Quarter 2026 Results
- Positive Sentiment: Southern California Edison outlined plans to install approximately 450 miles of covered conductor, supporting wildfire mitigation efforts and potentially reducing future operational risk. Edison reaffirms 2026 core EPS guidance
- Neutral Sentiment: Analyst price targets remain mixed, with a reported median target of $77.50. Institutional positioning was also divided in the latest quarter, with 539 investors adding shares and 390 reducing holdings.
- Negative Sentiment: Quarterly revenue fell 4.1% year over year to $4.36 billion, below the roughly $4.82 billion analyst expectation. The revenue shortfall overshadowed the EPS beat and raised concerns about the quality and durability of earnings growth. Edison International Q2 earnings surpass estimates, revenues miss
- Negative Sentiment: Wildfire litigation remains the largest valuation overhang. Southern California Edison has reported roughly 2,000 Eaton Fire lawsuits involving about 30,000 plaintiffs, while Edison has said it cannot yet reasonably estimate potential losses. Edison International slides as earnings miss adds to wildfire overhang
- Negative Sentiment: At least one analyst moved to a less bullish stance, adding to pressure on the stock after the earnings release. Edison International analyst downgrade
About Edison International
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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