Edison International $EIX Position Boosted by Rothschild Investment LLC

Rothschild Investment LLC grew its position in shares of Edison International (NYSE:EIX) by 52.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 26,444 shares of the utilities provider’s stock after buying an additional 9,146 shares during the quarter. Rothschild Investment LLC’s holdings in Edison International were worth $1,587,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in EIX. Activest Wealth Management lifted its holdings in shares of Edison International by 677.8% during the 3rd quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock valued at $31,000 after buying an additional 488 shares during the last quarter. Ransom Advisory Ltd lifted its holdings in shares of Edison International by 74.9% during the 4th quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock valued at $36,000 after buying an additional 259 shares during the last quarter. Ameriflex Group Inc. lifted its holdings in shares of Edison International by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 742 shares of the utilities provider’s stock valued at $41,000 after buying an additional 371 shares during the last quarter. Quest 10 Wealth Builders Inc. lifted its holdings in shares of Edison International by 866.7% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock valued at $47,000 after buying an additional 702 shares during the last quarter. Finally, LRI Investments LLC acquired a new stake in shares of Edison International during the 3rd quarter valued at about $53,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on EIX shares. LADENBURG THALM/SH SH reiterated a “sell” rating and set a $63.00 price target on shares of Edison International in a report on Thursday, March 5th. Morgan Stanley reduced their price target on Edison International from $71.00 to $70.00 and set an “underweight” rating for the company in a report on Tuesday, April 21st. Bank of America reduced their target price on Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a report on Monday, April 20th. Truist Financial reduced their target price on Edison International from $82.00 to $79.00 and set a “hold” rating for the company in a report on Monday, May 18th. Finally, Barclays reduced their target price on Edison International from $78.00 to $77.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. Four investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Edison International has a consensus rating of “Hold” and a consensus price target of $72.64.

Edison International Stock Down 0.4%

NYSE EIX opened at $69.98 on Friday. Edison International has a twelve month low of $47.73 and a twelve month high of $76.21. The stock has a market cap of $26.93 billion, a PE ratio of 7.60, a PEG ratio of 1.22 and a beta of 0.68. The firm has a 50-day simple moving average of $70.95 and a 200 day simple moving average of $66.03. 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 (NYSE:EIX) last issued 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 return on equity of 14.56% and a net margin of 19.27%.The firm had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.15 billion. During the same period in the previous year, the company posted $1.37 earnings per share. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, research analysts forecast that Edison International will post 6.12 EPS for the current year.

Insider Activity

In other news, Director Peter J. Taylor sold 500 shares of the business’s stock in a transaction that occurred on Monday, April 13th. The stock was sold at an average price of $75.30, for a total transaction of $37,650.00. Following the sale, the director directly owned 34,212 shares in the company, valued at approximately $2,576,163.60. The trade was a 1.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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.

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.