Deutsche Bank AG bought a new stake in shares of Edison International (NYSE:EIX - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund bought 2,244,393 shares of the utilities provider's stock, valued at approximately $167,095,000. Deutsche Bank AG owned about 0.58% of Edison International as of its most recent filing with the SEC.
Other large investors also recently made changes to their positions in the company. Groupe la Francaise bought a new position in shares of Edison International in the 1st quarter worth $29,000. Bell Investment Advisors Inc bought a new stake in Edison International in the second quarter valued at about $31,000. 10Elms LLP acquired a new position in Edison International in the fourth quarter valued at about $26,000. Transamerica Financial Advisors LLC lifted its stake in Edison International by 170.3% in the fourth quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider's stock valued at $27,000 after buying an additional 281 shares during the period. Finally, Altshuler Shaham Ltd boosted its holdings in Edison International by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider's stock worth $42,000 after buying an additional 155 shares during the last quarter. Institutional investors and hedge funds own 88.95% of the company's stock.
Edison International Stock Performance
Shares of Edison International stock opened at $73.38 on Thursday. The stock's fifty day simple moving average is $74.11 and its 200 day simple moving average is $71.89. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $28.24 billion, a PE ratio of 7.57, a PEG ratio of 5.72 and a beta of 0.66. Edison International has a 12 month low of $52.00 and a 12 month high of $81.62.
Edison International (NYSE:EIX - Get Free Report) last posted its earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.18 by $0.36. Edison International had a return on equity of 15.53% and a net margin of 20.30%.The firm had revenue of $4.36 billion during the quarter, compared to analysts' expectations of $4.82 billion. During the same period in the previous year, the firm earned $0.97 earnings per share. The company's revenue 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, research analysts predict that Edison International will post 6.13 EPS for the current year.
Edison International Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th were issued a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Tuesday, July 7th. Edison International's payout ratio is 36.19%.
Analyst Upgrades and Downgrades
EIX has been the subject of several analyst reports. Weiss Ratings lowered Edison International from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. increased their price target 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. Morgan Stanley reissued an "underweight" rating and set a $69.00 price objective on shares of Edison International in a research note on Wednesday, July 22nd. Mizuho boosted their price objective on shares of Edison International from $79.00 to $86.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Finally, Truist Financial decreased their price objective on shares of Edison International from $81.00 to $77.00 and set a "hold" rating for the company in a report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $72.82.
Read Our Latest Stock Analysis on Edison International
About Edison International
(
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.
Further Reading

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.
Before you consider Edison International, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Edison International wasn't on the list.
While Edison International currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2026. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.