Evolve Private Wealth LLC Makes New Investment in Edison International $EIX

Posted by Geri Gentry on Aug 23rd, 2026

Evolve Private Wealth LLC purchased a new position in Edison International (NYSE:EIX – Free Report) in the second quarter, Holdings Channel.com reports. The firm purchased 36,864 shares of the utilities provider’s stock, valued at approximately $2,745,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in shares of Edison International during the second quarter valued at approximately $3,340,412,000. AQR Capital Management LLC boosted its stake in shares of Edison International by 69.9% during the fourth quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider’s stock valued at $1,097,475,000 after purchasing an additional 7,521,168 shares during the period. Norges Bank purchased a new position in shares of Edison International during the fourth quarter worth approximately $339,311,000. Bank of New York Mellon Corp purchased a new stake in shares of Edison International in the 2nd quarter worth $309,361,000. Finally, Deutsche Bank AG bought a new stake in shares of Edison International in the 2nd quarter valued at about $167,095,000. 88.95% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Morgan Stanley dropped their price target on Edison International from $69.00 to $65.00 and set an “underweight” rating on the stock in a research note on Friday. JPMorgan Chase & Co. boosted their price target on Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a research report on Friday, May 15th. Truist Financial reduced their price target on Edison International from $81.00 to $77.00 and set a “hold” rating on the stock in a report on Tuesday, August 4th. Mizuho boosted their target price on Edison International from $79.00 to $86.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Finally, Barclays reissued an “equal weight” rating and set a $75.00 price objective (down from $78.00) on shares of Edison International in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $72.45.

Check Out Our Latest Report on EIX

Edison International Stock Performance

Edison International stock opened at $71.51 on Friday. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95. The stock has a 50 day moving average of $74.13 and a 200-day moving average of $71.97. Edison International has a 52 week low of $52.00 and a 52 week high of $81.62. The stock has a market cap of $27.52 billion, a P/E ratio of 7.37, a price-to-earnings-growth ratio of 5.56 and a beta of 0.66.

Edison International (NYSE:EIX – Get Free Report) last announced its quarterly 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. The company had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.82 billion. Edison International had a return on equity of 15.53% and a net margin of 20.30%.The firm’s quarterly revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.97 EPS. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, analysts expect that Edison International will post 6.13 EPS for the current fiscal year.

Edison International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 7th were issued a $0.8775 dividend. This represents a $3.51 annualized dividend and a yield of 4.9%. The ex-dividend date was Tuesday, July 7th. Edison International’s dividend payout ratio (DPR) is 36.19%.

Edison International Company Profile

(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.