Asset Management One Co. Ltd. Sells 64,560 Shares of Edison International $EIX

Key Points

• Asset Management One cut its Edison International stake by 20%, selling 64,560 shares and retaining 258,169 shares valued at approximately $13.9 million. Institutional investors collectively own 88.95% of the company.
• Edison reported third-quarter adjusted EPS of $1.92, beating estimates, but revenue fell 15% year over year to $4.89 billion and missed expectations. Management reaffirmed 2026 core EPS guidance of $5.90–$6.20 and plans for $38 billion–$41 billion in capital investment.
• The stock offers a roughly 6.0% dividend yield, but regulatory and California wildfire-liability risks remain significant. Analyst sentiment is cautious, with a consensus “Reduce” rating and an average price target of $60.73.

Asset Management One Co. Ltd. trimmed its stake in Edison International (NYSE:EIX - Free Report) by 20.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 258,169 shares of the utilities provider's stock after selling 64,560 shares during the period. Asset Management One Co. Ltd. owned 0.07% of Edison International worth $13,871,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of EIX. Edmond DE Rothschild Holding S.A. bought a new position in Edison International in the second quarter worth about $26,000. Groupe la Francaise purchased a new position in shares of Edison International in the 1st quarter valued at approximately $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of Edison International in the 2nd quarter valued at approximately $30,000. Bell Investment Advisors Inc purchased a new position in shares of Edison International in the 2nd quarter valued at approximately $31,000. Finally, Quantbot Technologies LP bought a new stake in shares of Edison International during the second quarter valued at approximately $41,000. Institutional investors own 88.95% of the company's stock.

More Edison International News

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

• Positive Sentiment: Edison reported third-quarter adjusted EPS of $1.92, exceeding consensus estimates of $1.81-$1.83. Management also reaffirmed its 2026 core EPS guidance of $5.90-$6.20 and outlined a $38 billion-$41 billion capital-investment plan. Edison International Q3 Earnings Outpace Estimates, Revenues Miss
• Positive Sentiment: The company maintained its earnings outlook despite regulatory challenges, providing some support for the stock’s longer-term investment case. Edison Reaffirms 2026 Core EPS Guidance
• Neutral Sentiment: Barclays raised its price target from $53 to $58 while retaining an “equal weight” rating, suggesting limited expected upside at recent trading levels. Barclays Edison International Ratings
• Neutral Sentiment: Edison was highlighted among high-yield utility stocks, which may attract income-focused investors, although the article does not introduce a material change to the company’s outlook. High-Yield Utilities Article
• Negative Sentiment: Third-quarter revenue fell 15% year over year to $4.89 billion, missing estimates of $5.34 billion, while EPS declined from $2.34 a year earlier. The revenue miss and weaker earnings growth temper the impact of the EPS beat. Q3 Earnings and Revenue Results
• Negative Sentiment: Management stressed the need for urgent California wildfire-liability reform, warning that rising financing costs could restrict grid investment. Delays in reform and potential wildfire claims remain major risks. EIX Earnings Call Highlights Wildfire Reform
• Negative Sentiment: Wells Fargo lowered its price target from $62 to $59 and maintained an “underweight” rating, reinforcing investor concerns about limited upside and regulatory exposure. Wells Fargo Edison International Ratings

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Jefferies Financial Group lowered Edison International from a "hold" rating to an "underperform" rating and lowered their price objective for the company from $53.00 to $42.00 in a research report on Friday, October 2nd. Truist Financial reduced their target price on shares of Edison International from $63.00 to $62.00 and set a "hold" rating on the stock in a research report on Monday, October 12th. Mizuho lowered shares of Edison International from an "outperform" rating to a "neutral" rating and decreased their price target for the stock from $86.00 to $70.00 in a research note on Monday, August 31st. Weiss Ratings cut shares of Edison International from a "buy (b-)" rating to a "hold (c)" rating in a research report on Thursday, September 10th. Finally, UBS Group reissued a "neutral" rating and set a $57.00 price target on shares of Edison International in a research report on Thursday, September 24th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and a consensus price target of $60.73.

Edison International Stock Performance

Shares of EIX opened at $58.92 on Friday. The company has a market cap of $22.67 billion, a price-to-earnings ratio of 6.26, a P/E/G ratio of 2.51 and a beta of 0.62. The business's fifty day simple moving average is $57.77 and its two-hundred day simple moving average is $67.72. Edison International has a 12 month low of $51.10 and a 12 month high of $81.62. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95.

Edison International (NYSE:EIX - Get Free Report) last posted its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.11. The firm had revenue of $4.89 billion during the quarter, compared to analysts' expectations of $5.34 billion. Edison International had a return on equity of 14.27% and a net margin of 20.50%. The company's revenue was down 15.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.34 earnings per share. Research analysts anticipate that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Wednesday, October 7th will be issued a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a dividend yield of 6.0%. 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 related news, Director Peter Taylor sold 500 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $55.56, for a total transaction of $27,780.00. Following the transaction, the director owned 33,212 shares in the company, valued at $1,845,258.72. This represents a 1.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is owned by insiders.

Edison International 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.

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