Edison International (NYSE:EIX) Stock: Insider Peter Taylor Sells 500 Shares

Edison International (NYSE:EIX) Director Peter Taylor sold 500 shares of the business’s stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $55.56, for a total transaction of $27,780.00. Following the sale, the director directly owned 33,212 shares in the company, valued at $1,845,258.72. The trade was a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Edison International Price Performance

EIX stock opened at $55.38 on Thursday. The company has a fifty day moving average price of $60.67 and a 200-day moving average price of $68.51. The company has a market capitalization of $21.31 billion, a P/E ratio of 7.74, a PEG ratio of 2.23 and a beta of 0.62. Edison International has a 52-week low of $51.10 and a 52-week high of $81.62. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66.

Edison International (NYSE:EIX) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.54 EPS for the quarter, topping analysts’ consensus estimates of $1.18 by $0.36. Edison International had a net margin of 20.30% and a return on equity of 15.53%. The company had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the previous year, the business earned $0.97 earnings per share. Edison International’s revenue 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 expect that Edison International will post 6.13 EPS for the current year.

Edison International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Wednesday, October 7th will be given a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, October 7th. Edison International’s dividend payout ratio (DPR) is currently 36.19%.

Analysts Set New Price Targets

A number of research firms have commented on EIX. UBS Group reiterated a “neutral” rating and issued a $57.00 price target on shares of Edison International in a research report on Thursday, September 24th. Weiss Ratings downgraded Edison International from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, September 10th. Mizuho restated a “neutral” rating and set a $70.00 price objective (down from $86.00) on shares of Edison International in a research report on Monday, August 31st. Barclays cut their price objective on Edison International from $75.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, October 9th. Finally, Argus reaffirmed a “hold” rating on shares of Edison International in a research note on Wednesday, August 26th. One analyst has rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Edison International has an average rating of “Reduce” and an average target price of $60.18.

Key Edison International News

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: Some analysis suggests EIX could be approximately 16% undervalued after recent wildfire-related selling. The company’s regulated utility operations and roughly 6.4% dividend yield may appeal to income-focused investors if potential liabilities remain manageable. Edison International could be 16% undervalued
• Positive Sentiment: Southern California Edison warned of possible wildfire-related power shutoffs. While outages could hurt operations and customers, proactive shutoffs may reduce fire risk and potentially limit future liability. Southern California Edison warns of potential wildfire-related power shutoffs
• Neutral Sentiment: A director sold 500 shares worth approximately $27,780 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by only 1.48%, limiting its significance as an indicator of insider sentiment. SEC insider trading filing
• Negative Sentiment: Muddy Waters alleged willful misconduct by Edison International in the Eaton Fire case, intensifying concerns about litigation, regulatory action, and potentially significant wildfire liabilities. Edison drops as Muddy Waters alleges willful misconduct in Eaton Fire case
• Negative Sentiment: Investors bought 12,575 put options, about 74% above average volume, signaling increased demand for downside protection or bearish speculation.
• Negative Sentiment: Reports focused on the Eaton Fire claims indicate that uncertainty over liability is likely to remain the primary driver of EIX’s valuation, offsetting the appeal of its dividend and low earnings multiple. Investors may respond to Edison International short seller claims

Institutional Investors Weigh In On Edison International

Institutional investors have recently modified their holdings of the company. Rakuten Investment Management Inc. bought a new position in shares of Edison International in the 2nd quarter worth $4,750,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Edison International in the 2nd quarter valued at $33,328,000. Jupiter Topco LLC acquired a new stake in Edison International in the 2nd quarter valued at $3,577,000. Corient Private Wealth LP grew its position in Edison International by 49.7% in the 2nd quarter. Corient Private Wealth LP now owns 136,621 shares of the utilities provider’s stock valued at $10,171,000 after purchasing an additional 45,336 shares during the period. Finally, Allworth Financial LP bought a new stake in Edison International during the 2nd quarter valued at $2,586,000. 88.95% of the stock is owned by institutional investors.

Edison International Company Profile

Edison International is a publicly owned holding company based in Rosemead, California. Its principal subsidiary, Southern California Edison (SCE), is an electric utility that generates, transmits, and distributes electricity across central, coastal, and Southern California.

SCE provides electric service to residential, commercial, industrial, and public-sector customers and manages a large transmission and distribution network. The utility is also involved in grid modernization, wildfire mitigation, renewable energy integration, energy efficiency, and the development of electric transportation infrastructure.

Edison International’s history is rooted in Southern California Edison, which traces its origins to the late 19th century.