Insider Selling: Edison International (NYSE:EIX) Director Sells $27,780.00 in Stock

Key Points

• Director Peter Taylor sold 500 Edison International shares for $27,780 at an average price of $55.56. The sale was made under a pre-arranged Rule 10b5-1 plan and reduced his direct holdings by 1.48%.
• Edison International shares traded near $55.19, down 0.8%, while the company reported quarterly EPS of $1.54, beating estimates, despite a 4.1% year-over-year revenue decline.
• The company declared a quarterly dividend of $0.8775, equivalent to a 6.4% annualized yield. Analysts remain cautious, with an average “Reduce” rating and a $60.18 price target, amid wildfire, litigation and leverage concerns.

Edison International (NYSE:EIX - Get Free Report) Director Peter Taylor sold 500 shares of the stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $55.56, for a total transaction of $27,780.00. Following the transaction, the director directly owned 33,212 shares in the company, valued at $1,845,258.72. The trade was a 1.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Edison International Stock Down 0.8%

NYSE:EIX traded down $0.45 during mid-day trading on Tuesday, reaching $55.19. The stock had a trading volume of 15,482,849 shares, compared to its average volume of 3,686,577. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.66 and a quick ratio of 0.61. The company has a market capitalization of $21.24 billion, a price-to-earnings ratio of 5.69, a price-to-earnings-growth ratio of 2.23 and a beta of 0.62. Edison International has a 1-year low of $51.10 and a 1-year high of $81.62. The stock's 50 day simple moving average is $61.24 and its two-hundred day simple moving average is $68.73.

Edison International (NYSE:EIX - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts' expectations of $4.82 billion. During the same quarter in the prior year, the firm posted $0.97 earnings per share. Edison International'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. Equities analysts anticipate that Edison International will post 6.13 EPS for the current year.

Edison International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Wednesday, October 7th will be issued a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 6.4%. The ex-dividend date is Wednesday, October 7th. Edison International's payout ratio is 36.19%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in Edison International during the 2nd quarter valued at about $3,340,412,000. Legal & General Group Plc bought a new position in Edison International in the 2nd quarter worth about $329,766,000. Bank of New York Mellon Corp bought a new position in Edison International in the 2nd quarter worth about $309,361,000. Hsbc Holdings PLC acquired a new stake in shares of Edison International in the second quarter valued at approximately $261,275,000. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Edison International in the second quarter valued at approximately $212,053,000. 88.95% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on EIX. Jefferies Financial Group restated an "underperform" rating and set a $42.00 price objective (down from $53.00) on shares of Edison International in a research note on Friday, October 2nd. Weiss Ratings lowered shares of Edison International from a "buy (b-)" rating to a "hold (c)" rating in a research note on Thursday, September 10th. Mizuho reaffirmed a "neutral" rating and issued a $70.00 price target (down from $86.00) on shares of Edison International in a report on Monday, August 31st. JPMorgan Chase & Co. lowered their price objective on shares of Edison International from $61.00 to $59.00 and set a "neutral" rating for the company in a research report on Monday. Finally, Truist Financial dropped their price objective on shares of Edison International from $63.00 to $62.00 and set a "hold" rating on the stock in a research note on Monday. One research analyst has rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, Edison International currently has an average rating of "Reduce" and an average price target of $60.18.

Key Edison International News

Here are the key news stories impacting Edison International this week:

• Positive Sentiment: Edison International’s roughly 6.4% dividend yield may attract income-focused investors, and comparisons with other high-yield stocks highlight the potential appeal of its payout. However, investors must balance the yield against wildfire liabilities, leverage and dividend-sustainability risks. Edison International Offers a 6.4% Yield, but Investors Must Weigh the Risks
• Neutral Sentiment: Director Peter Taylor sold 500 shares for approximately $27,780 under a pre-arranged Rule 10b5-1 trading plan. The relatively small sale, which reduced his holdings by 1.48%, is less concerning than a discretionary transaction, though it adds modest insider-selling news. SEC Form 4 Filing
• Negative Sentiment: JPMorgan lowered its price target on Edison International from $61 to $59 and maintained a “neutral” rating, reflecting limited expected upside from recent trading levels and continued uncertainty surrounding the company. JPMorgan Price Target Update
• Negative Sentiment: The stock declined after short seller Muddy Waters alleged willful misconduct in connection with the Eaton Fire case. The allegations increase investor concern about potential litigation, regulatory scrutiny and wildfire-related financial exposure. Muddy Waters Eaton Fire Allegations
• Negative Sentiment: Investors purchased 12,575 put options, about 74% above typical daily volume. While options activity is not definitive, the surge indicates heightened hedging or bearish speculation around Edison International.

About Edison International

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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