20,153 Shares in Edison International $EIX Bought by Weiss Asset Management LP

Key Points

• Weiss Asset Management acquired 20,153 Edison International shares worth approximately $1.475 million during the first quarter. Institutional investors and hedge funds collectively own 88.95% of the utility’s stock.
• Edison International reported quarterly EPS of $1.42, exceeding estimates of $1.32, while revenue rose 7.7% year over year to $4.10 billion. The company provided fiscal 2026 EPS guidance of $5.90–$6.20.
• Analyst sentiment remains mixed, with the stock carrying a consensus “Hold” rating and a $72.64 average price target. Edison also declared a quarterly dividend of $0.8775, representing a 4.4% annualized yield.

Weiss Asset Management LP acquired a new stake in Edison International (NYSE:EIX - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 20,153 shares of the utilities provider's stock, valued at approximately $1,475,000.

Several other hedge funds have also recently added to or reduced their stakes in the stock. 10Elms LLP acquired a new position in shares of Edison International during the 4th quarter worth about $26,000. Transamerica Financial Advisors LLC raised its position in shares of Edison International by 170.3% in the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider's stock valued at $27,000 after acquiring an additional 281 shares during the period. Quest 10 Wealth Builders Inc. raised its position in shares of Edison International by 866.7% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider's stock valued at $47,000 after acquiring an additional 702 shares during the period. DV Equities LLC bought a new position in Edison International during the 4th quarter worth approximately $52,000. Finally, McMillan Office Inc. bought a new position in Edison International during the 4th quarter worth approximately $55,000. Institutional investors and hedge funds own 88.95% of the company's stock.

Analyst Upgrades and Downgrades

EIX has been the subject of several recent analyst reports. Seaport Research Partners downgraded shares of 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. Truist Financial decreased their price target on shares of Edison International from $82.00 to $79.00 and set a "hold" rating for the company in a report on Monday, May 18th. JPMorgan Chase & Co. upped their price objective on shares of Edison International from $75.00 to $76.00 and gave the company a "neutral" rating in a research report on Friday, May 15th. Finally, Morgan Stanley reaffirmed an "underweight" rating and set a $69.00 price objective on shares of Edison International in a research note on Wednesday. Four analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $72.64.

Edison International Stock Down 0.1%

NYSE:EIX opened at $79.71 on Monday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 0.68 and a current ratio of 0.74. The company has a market cap of $30.67 billion, a PE ratio of 8.65, a PEG ratio of 6.20 and a beta of 0.66. Edison International has a 52-week low of $51.01 and a 52-week high of $80.90. The stock has a 50-day simple moving average of $73.56 and a 200 day simple moving average of $70.45.

Edison International (NYSE:EIX - Get Free Report) last released its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 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 analysts' expectations of $4.15 billion. During the same quarter in the previous year, the business posted $1.37 EPS. The business'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, sell-side analysts expect that Edison International will post 6.13 EPS for the current fiscal year.

Edison International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th will be issued a $0.8775 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.4%. Edison International's dividend payout ratio (DPR) is 38.11%.

About Edison International

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.

Want to see what other hedge funds are holding EIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Edison International (NYSE:EIX - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.