Edison International $EIX Position Boosted by Burney Co.

Key Points

• Burney Co. sharply increased its stake, buying 111,678 shares in Q4 (a 2,475.7% increase) to hold 116,189 shares worth $6.97M; institutional investors now own 88.95% of Edison International.
• Edison posted a solid earnings beat — $1.87 EPS vs. $1.47 est. and $5.21B revenue vs. $4.29B est. — and set FY2026 guidance of 5.900–6.200 EPS (FY2027 6.250–6.650), while trading at a P/E of 6.55.
• Analyst sentiment is mixed with a "Hold" consensus (consensus target $69.44), but the stock offers a 4.6% yield (annualized $3.51) with an ex-dividend date of April 7.

Burney Co. lifted its position in Edison International (NYSE:EIX - Free Report) by 2,475.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 116,189 shares of the utilities provider's stock after buying an additional 111,678 shares during the quarter. Burney Co.'s holdings in Edison International were worth $6,974,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Edison International by 0.5% in the 3rd quarter. Vanguard Group Inc. now owns 51,739,673 shares of the utilities provider's stock valued at $2,860,169,000 after buying an additional 269,556 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Edison International by 8.0% in the 3rd quarter. AQR Capital Management LLC now owns 10,763,984 shares of the utilities provider's stock valued at $595,033,000 after buying an additional 801,082 shares in the last quarter. Northern Trust Corp grew its stake in shares of Edison International by 11.2% in the 3rd quarter. Northern Trust Corp now owns 5,407,847 shares of the utilities provider's stock valued at $298,946,000 after buying an additional 545,344 shares in the last quarter. Legal & General Group Plc grew its stake in shares of Edison International by 3.7% in the 3rd quarter. Legal & General Group Plc now owns 4,561,255 shares of the utilities provider's stock valued at $252,146,000 after buying an additional 162,336 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA grew its stake in shares of Edison International by 5.4% in the 4th quarter. Massachusetts Financial Services Co. MA now owns 4,346,201 shares of the utilities provider's stock valued at $260,859,000 after buying an additional 220,785 shares in the last quarter. Institutional investors own 88.95% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on EIX. Morgan Stanley reissued an "underweight" rating on shares of Edison International in a research note on Friday, February 20th. Wall Street Zen cut Edison International from a "buy" rating to a "hold" rating in a research note on Saturday, February 14th. TD Cowen boosted their price target on Edison International from $71.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, February 20th. Barclays boosted their price target on Edison International from $67.00 to $78.00 and gave the company an "overweight" rating in a research note on Thursday, February 19th. Finally, LADENBURG THALM/SH SH reaffirmed a "sell" rating and set a $63.00 target price on shares of Edison International in a research report on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $69.44.

Edison International Stock Down 0.1%

Shares of Edison International stock opened at $75.75 on Friday. The stock has a market capitalization of $29.16 billion, a P/E ratio of 6.55, a PEG ratio of 1.23 and a beta of 0.77. The company has a quick ratio of 0.68, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. The stock has a 50 day moving average price of $71.12 and a two-hundred day moving average price of $62.69. Edison International has a 12-month low of $47.73 and a 12-month high of $76.21.

Edison International (NYSE:EIX - Get Free Report) last announced its earnings results on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share (EPS) 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 return on equity of 14.87% and a net margin of 24.34%.During the same quarter in the prior year, the business earned $1.05 earnings per share. 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 analysts expect that Edison International will post 4.95 earnings per share for the current year.

Edison International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, April 7th will be issued a dividend of $0.8775 per share. The ex-dividend date is Tuesday, April 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.6%. Edison International's payout ratio is 30.36%.

Edison International Company 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.

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