PFA Pension Forsikringsaktieselskab Invests $2.37 Million in Edison International $EIX

Key Points

• PFA Pension Forsikringsaktieselskab opened a new position in Edison International, acquiring 39,190 shares valued at approximately $2.37 million in the fourth quarter.
• Several large funds notably increased stakes—SG Americas raised its holding by 2,970.8% to about 1.297 million shares (~$77.9M), while Man Group, Allianz, AQR and Victory also added large positions, leaving institutional ownership near 88.95%.
• Edison reported quarterly EPS of $1.42 (above the $1.32 estimate) with a slight revenue miss, set FY2026 guidance of $5.90–$6.20 EPS, and pays a 5.1% dividend yield

PFA Pension Forsikringsaktieselskab acquired a new position in shares of Edison International (NYSE:EIX - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 39,190 shares of the utilities provider's stock, valued at approximately $2,365,000.

Several other large investors have also recently modified their holdings of EIX. SG Americas Securities LLC raised its stake in shares of Edison International by 2,970.8% during the 4th quarter. SG Americas Securities LLC now owns 1,297,280 shares of the utilities provider's stock worth $77,863,000 after acquiring an additional 1,255,034 shares in the last quarter. Man Group plc raised its stake in shares of Edison International by 109.6% during the 2nd quarter. Man Group plc now owns 2,314,124 shares of the utilities provider's stock worth $119,409,000 after acquiring an additional 1,209,964 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Edison International by 71.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 2,425,926 shares of the utilities provider's stock worth $134,105,000 after acquiring an additional 1,009,508 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Edison International by 8.0% during the 3rd quarter. AQR Capital Management LLC now owns 10,763,984 shares of the utilities provider's stock worth $595,033,000 after acquiring an additional 801,082 shares in the last quarter. Finally, Victory Capital Management Inc. raised its stake in shares of Edison International by 59.0% during the 3rd quarter. Victory Capital Management Inc. now owns 2,062,035 shares of the utilities provider's stock worth $113,989,000 after acquiring an additional 765,562 shares in the last quarter. Institutional investors own 88.95% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on EIX shares. Truist Financial started coverage on shares of Edison International in a research note on Monday, April 20th. They set a "hold" rating and a $82.00 price objective for the company. Bank of America reduced their price objective on shares of Edison International from $80.00 to $78.00 and set a "buy" rating for the company in a research note on Monday, April 20th. Barclays reduced their price objective on shares of Edison International from $78.00 to $77.00 and set an "overweight" rating for the company in a research note on Wednesday, April 29th. Mizuho set a $79.00 price objective on shares of Edison International in a research note on Thursday, February 19th. Finally, Wells Fargo & Company reiterated an "underweight" rating and set a $62.00 price objective on shares of Edison International in a research note on Tuesday, April 21st. Five research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $72.82.

Insider Activity

In other Edison International news, Director Peter J. Taylor sold 500 shares of the firm's stock in a transaction on Monday, April 13th. The shares were sold at an average price of $75.30, for a total value of $37,650.00. Following the completion of the transaction, the director owned 34,212 shares of the company's stock, valued at approximately $2,576,163.60. This trade represents a 1.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.20% of the company's stock.

Edison International Trading Down 1.4%

NYSE EIX opened at $68.90 on Tuesday. The company has a fifty day simple moving average of $72.04 and a two-hundred day simple moving average of $64.29. The stock has a market cap of $26.51 billion, a P/E ratio of 7.48, a P/E/G ratio of 1.21 and a beta of 0.68. Edison International has a 12-month low of $47.73 and a 12-month high of $76.21. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.98.

Edison International (NYSE:EIX - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.32 by $0.10. The business had revenue of $4.10 billion during the quarter, compared to analysts' expectations of $4.15 billion. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The business's quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter last year, the company posted $1.37 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, analysts forecast that Edison International will post 6.12 earnings per share for the current year.

Edison International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th were issued a $0.8775 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.1%. Edison International's dividend payout ratio (DPR) is currently 38.11%.

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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