Nisa Investment Advisors LLC Raises Holdings in Edison International $EIX

Nisa Investment Advisors LLC boosted its position in Edison International (NYSE:EIX) by 41.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 41,866 shares of the utilities provider’s stock after acquiring an additional 12,257 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Edison International were worth $2,513,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in EIX. Activest Wealth Management lifted its stake in shares of Edison International by 677.8% in the 3rd quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 488 shares in the last quarter. CVA Family Office LLC increased its position in Edison International by 113.7% during the 3rd quarter. CVA Family Office LLC now owns 577 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 307 shares in the last quarter. 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. CoreFirst Bank & Trust purchased a new position in Edison International in the second quarter valued at approximately $38,000. Finally, Quent Capital LLC acquired a new position in Edison International during the third quarter valued at approximately $40,000. Hedge funds and other institutional investors own 88.95% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Mizuho set a $79.00 price objective on shares of Edison International in a research note on Thursday, February 19th. Weiss Ratings restated a “hold (c)” rating on shares of Edison International in a report on Monday, December 29th. Zacks Research cut shares of Edison International from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 15th. JPMorgan Chase & Co. increased their price target on Edison International from $66.00 to $74.00 and gave the company a “neutral” rating in a report on Wednesday, March 18th. Finally, Jefferies Financial Group cut their price objective on Edison International from $59.00 to $54.00 and set a “hold” rating on the stock in a research report on Wednesday, January 28th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $69.44.

Edison International Stock Up 0.0%

Shares of NYSE:EIX opened at $73.49 on Friday. The company has a market capitalization of $28.29 billion, a price-to-earnings ratio of 6.36, a price-to-earnings-growth ratio of 1.19 and a beta of 0.77. The company has a 50 day moving average of $69.90 and a two-hundred day moving average of $61.98. Edison International has a 52-week low of $47.73 and a 52-week high of $75.50. The company has a quick ratio of 0.68, a current ratio of 0.73 and a debt-to-equity ratio of 1.92.

Edison International (NYSE:EIX) last announced its earnings results on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.40. The business had revenue of $5.21 billion during the quarter, compared to the consensus estimate of $4.29 billion. Edison International had a net margin of 24.34% and a return on equity of 14.87%. During the same period in the prior year, the firm earned $1.05 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS and its FY 2027 guidance at 6.250-6.650 EPS. As a group, analysts forecast that Edison International will post 4.95 earnings per share for the current fiscal year.

Edison International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th will be given a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Tuesday, April 7th. Edison International’s dividend payout ratio is presently 30.36%.

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.