Edison International $EIX Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its holdings in Edison International (NYSE:EIX) by 116.5% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 984,980 shares of the utilities provider’s stock after acquiring an additional 530,065 shares during the period. Robeco Institutional Asset Management B.V. owned 0.26% of Edison International worth $52,923,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Edison International during the 2nd quarter valued at about $3,340,412,000. Legal & General Group Plc purchased a new position in shares of Edison International during the second quarter valued at about $329,766,000. Bank of New York Mellon Corp bought a new stake in shares of Edison International in the second quarter worth about $309,361,000. Hsbc Holdings PLC bought a new stake in shares of Edison International in the second quarter worth about $261,275,000. Finally, Canada Pension Plan Investment Board bought a new stake in shares of Edison International in the second quarter worth about $212,053,000. Hedge funds and other institutional investors own 88.95% of the company’s stock.

Edison International Trading Up 1.2%

Shares of NYSE EIX opened at $57.90 on Friday. The business’s 50 day moving average is $59.18 and its two-hundred day moving average is $67.83. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.66 and a quick ratio of 0.61. Edison International has a 1-year low of $51.10 and a 1-year high of $81.62. The stock has a market capitalization of $22.28 billion, a P/E ratio of 7.98, a PEG ratio of 2.42 and a beta of 0.62.

Edison International (NYSE:EIX) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.36. The business 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 company’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same period last year, the company earned $0.97 EPS. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, research analysts expect that Edison International will post 6.13 EPS for the current year.

Edison International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Shareholders of record on Wednesday, October 7th will be paid a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Wednesday, October 7th. Edison International’s payout ratio is presently 36.19%.

Insider Buying and Selling at Edison International

In other news, Director Peter Taylor sold 500 shares of the firm’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $55.56, for a total value of $27,780.00. Following the completion of the sale, the director owned 33,212 shares in the company, valued at approximately $1,845,258.72. This trade represents a 1.48% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Mizuho reiterated a “neutral” rating and issued a $70.00 target price (down from $86.00) on shares of Edison International in a research report on Monday, August 31st. Barclays cut their price target on Edison International from $75.00 to $53.00 and set an “equal weight” rating for the company in a report on Friday, October 9th. Bank of America downgraded Edison International from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $81.00 to $51.00 in a research note on Tuesday, September 1st. Jefferies Financial Group reaffirmed an “underperform” rating and set a $42.00 price objective (down from $53.00) on shares of Edison International in a report on Friday, October 2nd. Finally, Argus reiterated a “hold” rating on shares of Edison International in a research report on Wednesday, August 26th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $60.58.

Key Edison International News

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

• Positive Sentiment: Analysts expect Edison International to potentially exceed consensus estimates in its upcoming third-quarter report. Zacks cites favorable earnings expectations and other indicators supporting the possibility of a beat. Edison International Expected to Beat Earnings Estimates
• Positive Sentiment: The company’s roughly 6% dividend yield may attract income-focused investors, particularly with Edison trading well below its 12-month high. However, the yield is also a sign of elevated perceived risk. Is Edison’s Dividend Enough To Make Up For Its Stock?
• Neutral Sentiment: Edison International is scheduled to report quarterly results Thursday, keeping the stock focused on earnings, guidance and commentary about wildfire-related costs, financing and credit ratings. Edison International Projected to Release Quarterly Earnings
• Neutral Sentiment: Analyst opinion remains mixed, suggesting the potential earnings catalyst is balanced by uncertainty over the company’s longer-term risk profile. Analysts’ Opinions Are Mixed on Edison International
• Neutral Sentiment: Proposed federal legislation would require utilities conducting public safety power shutoffs to report outage details and customer impacts. The bill is not law, but could increase compliance and reporting requirements for EIX’s California utility operations. Public Safety Power Shutoff Data Transparency Act
• Negative Sentiment: HSBC initiated coverage with a “hold” rating and a $56.50 price target, below the recent trading level, signaling limited near-term upside in the firm’s view. HSBC Edison International Rating
• Negative Sentiment: Commentary warns that the high dividend may reflect wildfire liability exposure, substantial leverage and the possibility of another credit-rating downgrade. These risks could pressure valuation and raise future financing costs. Edison International Dividend and Wildfire Liability Risks

Edison International Company Profile

Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.