10,815 Shares in Edison International $EIX Acquired by Rothschild Wealth LLC

Rothschild Wealth LLC acquired a new position in shares of Edison International (NYSE:EIX) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 10,815 shares of the utilities provider’s stock, valued at approximately $649,000.

Other institutional investors have also added to or reduced their stakes in the company. Ransom Advisory Ltd increased its position in Edison International by 74.9% during the 4th quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 259 shares in the last quarter. Ameriflex Group Inc. increased its position in Edison International by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 742 shares of the utilities provider’s stock worth $41,000 after purchasing an additional 371 shares in the last quarter. Quest 10 Wealth Builders Inc. increased its position in Edison International by 866.7% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 702 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in Edison International during the 2nd quarter worth approximately $59,000. Finally, SBI Securities Co. Ltd. increased its position in Edison International by 90.0% during the 3rd quarter. SBI Securities Co. Ltd. now owns 1,214 shares of the utilities provider’s stock worth $67,000 after purchasing an additional 575 shares in the last quarter. 88.95% of the stock is currently owned by institutional investors and hedge funds.

Edison International Trading Down 1.1%

Shares of NYSE EIX opened at $69.20 on Tuesday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.68 and a current ratio of 0.74. Edison International has a 52-week low of $47.73 and a 52-week high of $76.21. The firm has a 50 day moving average price of $70.90 and a two-hundred day moving average price of $66.17. The stock has a market cap of $26.63 billion, a P/E ratio of 7.51, a price-to-earnings-growth ratio of 1.21 and a beta of 0.67.

Edison International (NYSE:EIX) last announced its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.10. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The firm had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.15 billion. During the same period in the prior year, the company posted $1.37 EPS. The company’s revenue was up 7.7% on a year-over-year basis. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, equities analysts forecast that Edison International will post 6.12 EPS for the current year.

Insider Activity at Edison International

In other news, Director Peter J. Taylor sold 500 shares of the company’s stock in a transaction on Monday, April 13th. The shares were sold at an average price of $75.30, for a total value of $37,650.00. Following the sale, the director directly owned 34,212 shares of the company’s stock, valued at approximately $2,576,163.60. This represents a 1.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

EIX has been the subject of a number of research analyst reports. LADENBURG THALM/SH SH reiterated a “sell” rating and set a $63.00 price objective on shares of Edison International in a research report on Thursday, March 5th. Barclays lowered their price objective 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. Weiss Ratings upgraded shares of Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 15th. Wells Fargo & Company reiterated an “underweight” rating and set a $62.00 price objective on shares of Edison International in a research report on Tuesday, April 21st. Finally, Bank of America decreased their price target on shares of Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, Edison International has an average rating of “Hold” and a consensus target price of $72.64.

Edison International 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.