Compass Financial Management LLC Makes New Investment in Edison International $EIX

Key Points

• Compass Financial Management purchased 19,721 Edison International shares worth approximately $1.46 million during the second quarter. Institutional investors collectively own 88.95% of the company.
• Edison International reported quarterly EPS of $1.54, exceeding estimates of $1.18, while revenue declined 4.1% year over year to $4.36 billion. The company reaffirmed fiscal 2026 EPS guidance of $5.90–$6.20.
• The utility pays a quarterly dividend of $0.8775, equivalent to an annualized $3.51 and a 6.2% yield. Analysts remain cautious, with a consensus “Reduce” rating and a $64.55 price target.

Compass Financial Management LLC purchased a new position in shares of Edison International (NYSE:EIX - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,721 shares of the utilities provider's stock, valued at approximately $1,464,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. BlackRock Inc. bought a new position in Edison International during the second quarter valued at about $3,340,412,000. State Street Corp boosted its stake in shares of Edison International by 3.0% during the 4th quarter. State Street Corp now owns 33,141,204 shares of the utilities provider's stock worth $1,989,135,000 after acquiring an additional 953,800 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Edison International by 69.9% during the 4th quarter. AQR Capital Management LLC now owns 18,285,152 shares of the utilities provider's stock worth $1,097,475,000 after acquiring an additional 7,521,168 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Edison International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 13,018,379 shares of the utilities provider's stock valued at $803,407,000 after acquiring an additional 386,905 shares during the last quarter. Finally, Northern Trust Corp increased its holdings in shares of Edison International by 12.3% during the 4th quarter. Northern Trust Corp now owns 6,070,324 shares of the utilities provider's stock valued at $364,341,000 after acquiring an additional 662,477 shares during the last quarter. Institutional investors own 88.95% of the company's stock.

Edison International Stock Performance

NYSE EIX opened at $56.64 on Friday. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.66 and a quick ratio of 0.61. The firm has a market capitalization of $21.80 billion, a price-to-earnings ratio of 5.84, a P/E/G ratio of 2.29 and a beta of 0.62. The company's fifty day moving average is $72.54 and its two-hundred day moving average is $71.96. Edison International has a 52-week low of $52.00 and a 52-week high of $81.62.

Edison International (NYSE:EIX - Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.18 by $0.36. The company had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.82 billion. Edison International had a net margin of 20.30% and a return on equity of 15.53%. The business's revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.97 EPS. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. Equities research analysts forecast that Edison International will post 6.13 EPS for the current year.

Edison International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, July 7th were given a $0.8775 dividend. The ex-dividend date was Tuesday, July 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 6.2%. Edison International's dividend payout ratio (DPR) is currently 36.19%.

Wall Street Analysts Forecast Growth

EIX has been the subject of several analyst reports. Weiss Ratings upgraded Edison International from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday, August 27th. UBS Group lowered their price target on Edison International from $75.00 to $63.00 and set a "neutral" rating on the stock in a report on Tuesday. Argus reissued a "hold" rating on shares of Edison International in a research report on Wednesday, August 26th. Barclays restated an "equal weight" rating and issued a $75.00 price objective (down from $78.00) on shares of Edison International in a research note on Friday, July 31st. Finally, Morgan Stanley decreased their price objective on shares of Edison International from $69.00 to $65.00 and set an "underweight" rating for the company in a report on Friday, August 21st. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of "Reduce" and a consensus price target of $64.55.

Edison International 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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source