Edison International $EIX Shares Acquired by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC increased its Edison International stake by 0.6% in the second quarter, bringing its holdings to 3.51 million shares valued at approximately $261.3 million. Institutional investors and hedge funds collectively own 88.95% of EIX.
• Edison International reported quarterly earnings of $1.54 per share, beating estimates of $1.18, though revenue fell 4.1% year over year to $4.36 billion. The company reaffirmed fiscal 2026 EPS guidance of $5.90–$6.20.
• EIX shares opened at $56.64, near their one-year low, while the company maintained a quarterly dividend of $0.8775 per share, representing an annualized yield of about 6.2%. Analysts’ consensus rating is “Reduce,” with a target price of $64.55.

Hsbc Holdings PLC increased its holdings in shares of Edison International (NYSE:EIX - Free Report) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,507,101 shares of the utilities provider's stock after purchasing an additional 22,057 shares during the quarter. Hsbc Holdings PLC owned approximately 0.91% of Edison International worth $261,275,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in EIX. Wellington Management Group LLP increased its stake in Edison International by 6.5% in the second quarter. Wellington Management Group LLP now owns 512,083 shares of the utilities provider's stock valued at $38,125,000 after purchasing an additional 31,296 shares during the last quarter. Kingsview Wealth Management LLC purchased a new stake in shares of Edison International during the 2nd quarter worth approximately $577,000. Beacon Pointe Advisors LLC acquired a new position in shares of Edison International in the 2nd quarter valued at $1,964,000. Livforsakringsbolaget Skandia Omsesidigt acquired a new position in shares of Edison International in the 2nd quarter valued at $162,000. Finally, Twin Lakes Capital Management LLC purchased a new position in shares of Edison International in the 2nd quarter valued at $57,000. 88.95% of the stock is owned by institutional investors and hedge funds.

Edison International Stock Down 0.2%

EIX stock opened at $56.64 on Monday. The stock has a market capitalization of $21.80 billion, a PE ratio of 5.84, a price-to-earnings-growth ratio of 2.29 and a beta of 0.62. The company has a fifty day moving average of $72.54 and a 200-day moving average of $71.96. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. Edison International has a one year low of $52.00 and a one year high of $81.62.

Edison International (NYSE:EIX - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share 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 for the quarter, compared to the consensus estimate of $4.82 billion. During the same period in the previous year, the business earned $0.97 earnings per share. The company's revenue for the quarter was down 4.1% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, analysts expect that Edison International will post 6.13 EPS for the current year.

Edison International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, July 7th were issued a dividend of $0.8775 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $3.51 dividend on an annualized basis and a yield of 6.2%. Edison International's payout ratio is currently 36.19%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Weiss Ratings upgraded shares of Edison International from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, August 27th. Argus restated a "hold" rating on shares of Edison International in a research note on Wednesday, August 26th. Bank of America lowered Edison International from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $81.00 to $51.00 in a report on Tuesday, September 1st. Barclays reiterated an "equal weight" rating and set a $75.00 target price (down from $78.00) on shares of Edison International in a research report on Friday, July 31st. Finally, Morgan Stanley reduced their target price on Edison International from $69.00 to $65.00 and set an "underweight" rating for the company in a report on Friday, August 21st. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Reduce" and a consensus price target of $64.55.

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.

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