11,312 Shares in Edison International $EIX Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC bought a new position in shares of Edison International (NYSE:EIX) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,312 shares of the utilities provider’s stock, valued at approximately $842,000.

Several other institutional investors have also made changes to their positions in the stock. BlackRock Inc. acquired a new stake in shares of Edison International during the 2nd quarter worth $3,340,412,000. AQR Capital Management LLC lifted its stake in shares of Edison International by 69.9% in the 4th quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider’s stock valued at $1,097,475,000 after acquiring an additional 7,521,168 shares during the last quarter. Norges Bank acquired a new stake in shares of Edison International during the fourth quarter valued at about $339,311,000. Legal & General Group Plc acquired a new stake in Edison International during the 2nd quarter worth approximately $329,766,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Edison International in the second quarter worth $309,361,000. 88.95% of the stock is currently owned by institutional investors.

Edison International Price Performance

Shares of NYSE:EIX opened at $59.01 on Wednesday. The company’s 50-day moving average is $73.66 and its 200 day moving average is $72.27. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. The company has a market capitalization of $22.71 billion, a P/E ratio of 6.08, a price-to-earnings-growth ratio of 4.19 and a beta of 0.62. Edison International has a fifty-two week low of $52.00 and a fifty-two week high of $81.62.

Edison International (NYSE:EIX) last posted its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $4.82 billion. During the same quarter in the prior year, the business earned $0.97 earnings per share. The firm’s revenue for the quarter was down 4.1% on a year-over-year basis. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, equities research analysts forecast that Edison International will post 6.13 earnings per share for the current year.

Edison International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th were given a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Edison International’s dividend payout ratio is currently 36.19%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on EIX. Weiss Ratings upgraded Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 27th. Argus reaffirmed a “hold” rating on shares of Edison International in a research report on Wednesday, August 26th. Mizuho restated a “neutral” rating and issued a $70.00 target price (down from $86.00) on shares of Edison International in a report on Monday. JPMorgan Chase & Co. raised their price objective on Edison International from $75.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Finally, Truist Financial cut their target price on Edison International from $81.00 to $77.00 and set a “hold” rating on the stock in a research note on Tuesday, August 4th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Edison International has an average rating of “Reduce” and a consensus target price of $67.18.

More Edison International News

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

• Positive Sentiment: California lawmakers reportedly killed a wildfire bill that did not provide liability protections for investor-owned utilities. The development may reopen the possibility of legislation that limits wildfire-related financial exposure for Edison’s Southern California Edison subsidiary. PG&E Stock, Edison International Rise as California Lawmakers Kill Wildfire Bill
• Positive Sentiment: Traders purchased 23,522 EIX call options, approximately 514% above typical call volume. The activity indicates increased speculative interest and may reflect bets on a rebound, although options volume alone does not establish a lasting change in fundamentals.
• Neutral Sentiment: Bank of America reaffirmed its “neutral” rating but reduced its price target to $51 from $81, implying further downside from the current trading level. The sharply lower target underscores how materially wildfire-liability concerns have changed the risk assessment. Bank of America analyst update
• Neutral Sentiment: Mizuho also maintained a “neutral” rating while cutting its target to $70 from $86. Its target remains above the current price, suggesting potential recovery value if California provides a workable liability framework, but the reduction signals greater uncertainty. Monday’s Top Wall Street Analyst Research Calls
• Negative Sentiment: The underlying concern remains unresolved: recent wildfire legislation omitted the liability cap investors expected, leaving EIX potentially responsible for substantial fire-related costs. Southern California Edison’s call for comprehensive wildfire reform highlights the continuing regulatory, balance-sheet and credit-rating risks. Edison International plunges after California bill omits protections

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.