Waverly Advisors LLC boosted its stake in shares of Edison International (NYSE:EIX – Free Report) by 44.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,827 shares of the utilities provider’s stock after purchasing an additional 7,337 shares during the period. Waverly Advisors LLC’s holdings in Edison International were worth $1,744,000 at the end of the most recent reporting period.
A number of other hedge funds also recently made changes to their positions in the stock. Equitable Trust Co. raised its position in shares of Edison International by 0.8% in the 1st quarter. Equitable Trust Co. now owns 19,616 shares of the utilities provider’s stock worth $1,435,000 after buying an additional 148 shares during the period. UMB Bank n.a. grew its position in Edison International by 5.3% during the fourth quarter. UMB Bank n.a. now owns 3,169 shares of the utilities provider’s stock valued at $190,000 after acquiring an additional 159 shares during the period. Sterling Group Wealth Management LLC increased its stake in Edison International by 2.7% during the first quarter. Sterling Group Wealth Management LLC now owns 7,213 shares of the utilities provider’s stock worth $528,000 after acquiring an additional 190 shares during the last quarter. Huntington National Bank increased its stake in Edison International by 6.2% during the fourth quarter. Huntington National Bank now owns 3,351 shares of the utilities provider’s stock worth $201,000 after acquiring an additional 196 shares during the last quarter. Finally, Empowered Funds LLC raised its holdings in shares of Edison International by 2.4% in the 1st quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock worth $523,000 after purchasing an additional 211 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.
Wall Street Analyst Weigh In
EIX has been the topic of several research analyst reports. Seaport Research Partners lowered Edison International from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Weiss Ratings reissued a “buy (b-)” rating on shares of Edison International in a research report on Monday, July 13th. Morgan Stanley restated an “underweight” rating and issued a $69.00 price target on shares of Edison International in a report on Wednesday, July 22nd. Wells Fargo & Company reiterated an “underweight” rating and set a $62.00 price objective on shares of Edison International in a research note on Tuesday, April 21st. Finally, Barclays set a $75.00 price objective on shares of Edison International in a research report on Friday. Four analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $72.36.
Edison International Price Performance
EIX stock opened at $78.75 on Friday. The firm has a market cap of $30.30 billion, a P/E ratio of 8.55, a price-to-earnings-growth ratio of 6.11 and a beta of 0.66. 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 1 year low of $51.01 and a 1 year high of $81.62. The stock has a 50-day simple moving average of $74.29 and a 200-day simple moving average of $70.99.
Edison International (NYSE:EIX – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.54 EPS for the quarter, topping the consensus estimate of $1.18 by $0.36. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.82 billion. Edison International had a return on equity of 14.56% and a net margin of 19.27%.Edison International’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.97 EPS. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, equities analysts predict that Edison International will post 6.13 earnings per share for the current fiscal year.
Edison International Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th will be paid a $0.8775 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $3.51 annualized dividend and a dividend yield of 4.5%. Edison International’s dividend payout ratio is 38.11%.
Key Stories Impacting Edison International
Here are the key news stories impacting Edison International this week:
- Positive Sentiment: Edison reported second-quarter adjusted core earnings of $1.54 per share, up from $0.97 a year earlier and above analyst estimates ranging from $1.02 to $1.18. GAAP net income also rose to $534 million from $343 million, providing the main catalyst for the stock’s gain. Edison International Beats Q2 Earnings Estimates
- Positive Sentiment: The company reaffirmed its 2026 core EPS guidance of $5.90 to $6.20, supporting earnings visibility. Southern California Edison also outlined plans to install 450 miles of covered conductor, a wildfire-prevention investment that could strengthen system reliability and reduce long-term fire risk. Edison Reaffirms 2026 Core EPS Guidance
- Neutral Sentiment: Management’s guidance remains broadly consistent with expectations, but the $6.05 midpoint is modestly below the approximately $6.12 analyst consensus. Investors may therefore look for evidence that grid investment, rate-case support and demand growth can sustain the earnings trajectory. Edison International Q2 Earnings Call Transcript
- Negative Sentiment: Revenue totaled $4.36 billion, below the $4.82 billion consensus estimate and down 4.1% year over year. The revenue shortfall may limit enthusiasm despite the substantial earnings improvement. Edison International Reports Second Quarter 2026 Results
Edison International Company 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.
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