Key Points
- Director Peter Taylor sold 500 shares on April 13 at an average price of $75.30 under a pre-arranged Rule 10b5-1 plan, trimming his holding by 1.44% to 34,212 shares (about $2.58M).
- Edison International beat quarterly expectations, reporting $1.87 EPS vs. $1.47 expected and $5.21B revenue vs. $4.29B expected, and issued FY2026 guidance of 5.90–6.20 EPS and FY2027 guidance of 6.25–6.65 EPS.
- The company declared a quarterly dividend of $0.8775 (annualized $3.51), payable April 30 with an ex-dividend date of April 7, reflecting a 4.9% dividend yield and a payout ratio near 30%.
Edison International (NYSE:EIX - Get Free Report) Director Peter Taylor sold 500 shares of the 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 transaction, the director directly owned 34,212 shares of the company's stock, valued at $2,576,163.60. The trade was a 1.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Edison International Stock Performance
NYSE:EIX opened at $72.37 on Wednesday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 0.68 and a current ratio of 0.73. The stock has a market capitalization of $27.86 billion, a P/E ratio of 6.26, a PEG ratio of 1.17 and a beta of 0.77. The company has a 50 day moving average price of $71.57 and a 200 day moving average price of $63.00. Edison International has a fifty-two week low of $47.73 and a fifty-two week high of $76.21.
Edison International (NYSE:EIX - Get Free Report) last posted its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share for the quarter, topping analysts' consensus estimates of $1.47 by $0.40. The firm had revenue of $5.21 billion during the quarter, compared to analysts' expectations of $4.29 billion. Edison International had a net margin of 24.34% and a return on equity of 14.87%. During the same quarter last year, the company posted $1.05 EPS. 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. Equities research analysts forecast that Edison International will post 4.95 EPS for the current year.
Edison International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 7th will be given a dividend of $0.8775 per share. The ex-dividend date of this dividend is Tuesday, April 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.9%. Edison International's dividend payout ratio (DPR) is presently 30.36%.
Hedge Funds Weigh In On Edison International
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. J. Derek Lewis & Associates Inc. purchased a new position in Edison International in the 4th quarter valued at approximately $659,000. Hsbc Holdings PLC boosted its position in Edison International by 2.2% in the 4th quarter. Hsbc Holdings PLC now owns 3,102,735 shares of the utilities provider's stock valued at $186,305,000 after buying an additional 66,680 shares during the period. Stance Capital LLC raised its holdings in shares of Edison International by 7,860.5% in the 4th quarter. Stance Capital LLC now owns 55,246 shares of the utilities provider's stock valued at $3,316,000 after purchasing an additional 54,552 shares in the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of Edison International by 12.5% in the 4th quarter. Rockefeller Capital Management L.P. now owns 22,719 shares of the utilities provider's stock valued at $1,364,000 after purchasing an additional 2,518 shares in the last quarter. Finally, World Investment Advisors acquired a new stake in shares of Edison International in the 4th quarter valued at $232,000. Hedge funds and other institutional investors own 88.95% of the company's stock.
Wall Street Analysts Forecast Growth
EIX has been the subject of a number of research analyst reports. TD Cowen increased their price objective on shares of Edison International from $71.00 to $83.00 and gave the stock a "buy" rating in a research report on Friday, February 20th. Mizuho set a $79.00 price target on shares of Edison International in a research report on Thursday, February 19th. Weiss Ratings reissued a "hold (c)" rating on shares of Edison International in a research report on Monday, December 29th. Wall Street Zen cut shares of Edison International from a "buy" rating to a "hold" rating in a research report on Saturday, February 14th. Finally, LADENBURG THALM/SH SH reissued a "sell" rating and issued a $63.00 price target on shares of Edison International in a research report on Thursday, March 5th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $69.44.
Check Out Our Latest Research Report on Edison International
Edison International Company Profile
(
Get Free Report)
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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