Edison International $EIX Stock Sold by Krilogy Financial LLC

Key Points

• Krilogy Financial cut its Edison International stake by 63.6% in the third quarter, selling 33,811 shares and retaining 19,360 shares valued at approximately $1.08 million. Institutional investors collectively own 88.95% of the company.
• Edison International reported quarterly EPS of $1.54, beating estimates of $1.18, while revenue fell 4.1% year over year to $4.36 billion. The company maintained fiscal 2026 EPS guidance of $5.90–$6.20.
• The company announced a quarterly dividend of $0.8775 per share, equal to an annualized $3.51 payout and a 6.3% yield. Analysts’ consensus rating is “Reduce,” with an average price target of $60.75 compared with the reported share price of $56.05.

Krilogy Financial LLC decreased its position in shares of Edison International (NYSE:EIX - Free Report) by 63.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,360 shares of the utilities provider's stock after selling 33,811 shares during the period. Krilogy Financial LLC's holdings in Edison International were worth $1,077,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Edison International during the second quarter worth approximately $26,000. Groupe la Francaise purchased a new stake in Edison International in the 1st quarter valued at $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Edison International in the 2nd quarter valued at $30,000. Bell Investment Advisors Inc acquired a new stake in Edison International during the 2nd quarter worth $31,000. Finally, Silvant Capital Management LLC acquired a new stake in Edison International during the 2nd quarter worth $41,000. Hedge funds and other institutional investors own 88.95% of the company's stock.

Insider Buying and Selling

In other Edison International news, Director Peter Taylor sold 500 shares of the firm's stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $55.56, for a total value of $27,780.00. Following the transaction, the director directly owned 33,212 shares of the company's stock, valued at $1,845,258.72. This trade represents a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.20% of the company's stock.

Edison International Price Performance

Shares of Edison International stock traded up $0.40 during trading on Friday, hitting $56.05. 4,935,159 shares of the company were exchanged, compared to its average volume of 5,671,060. Edison International has a fifty-two week low of $51.10 and a fifty-two week high of $81.62. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.95. The firm has a 50 day moving average price of $60.19 and a 200 day moving average price of $68.32. The stock has a market capitalization of $21.57 billion, a price-to-earnings ratio of 5.78, a P/E/G ratio of 2.35 and a beta of 0.62.

Edison International (NYSE:EIX - Get Free Report) last announced its earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.18 by $0.36. The firm had revenue of $4.36 billion during 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%. During the same quarter in the previous year, the company posted $0.97 EPS. The firm's revenue for the quarter 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, equities analysts expect that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Investors of record on Wednesday, October 7th will be given a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Wednesday, October 7th. Edison International's dividend payout ratio is 36.19%.

Analysts Set New Price Targets

Several research firms have recently commented on EIX. Mizuho restated a "neutral" rating and set a $70.00 price target (down from $86.00) on shares of Edison International in a research note on Monday, August 31st. The Goldman Sachs Group set a $67.00 target price on Edison International in a research report on Thursday. UBS Group reissued a "neutral" rating and set a $57.00 target price on shares of Edison International in a research note on Thursday, September 24th. Weiss Ratings cut Edison International from a "buy (b-)" rating to a "hold (c)" rating in a report on Thursday, September 10th. Finally, Jefferies Financial Group restated an "underperform" rating and issued a $42.00 price target (down from $53.00) on shares of Edison International in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating, nine have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average target price of $60.75.

Edison International Profile

Edison International is a publicly owned holding company based in Rosemead, California. Its principal subsidiary, Southern California Edison (SCE), is an electric utility that generates, transmits, and distributes electricity across central, coastal, and Southern California.

SCE provides electric service to residential, commercial, industrial, and public-sector customers and manages a large transmission and distribution network. The utility is also involved in grid modernization, wildfire mitigation, renewable energy integration, energy efficiency, and the development of electric transportation infrastructure.

Edison International's history is rooted in Southern California Edison, which traces its origins to the late 19th century.

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