Edison International Target of Unusually Large Options Trading (NYSE:EIX)

Key Points

• Put-option activity surged: Traders purchased 49,354 put options on Edison International, an 838% increase over typical volume, signaling heightened bearish or hedging interest.
• Analyst sentiment is cautious: Multiple firms cut their price targets, with ratings split among one Buy, ten Holds, and three Sells. MarketBeat lists a consensus “Reduce” rating and an average target of $64.45.
• Shares remain under pressure despite solid earnings: EIX rose 1.3% to $55.52 but remains well below its 52-week high of $81.62. The company beat quarterly EPS estimates, issued fiscal 2026 guidance of $5.90–$6.20 per share, and offers a 6.3% dividend yield.

Edison International (NYSE:EIX - Get Free Report) was the recipient of unusually large options trading on Thursday. Stock traders purchased 49,354 put options on the stock. This represents an increase of 838% compared to the typical volume of 5,259 put options.

Wall Street Analysts Forecast Growth

EIX has been the topic of a number of research reports. Mizuho reiterated a "neutral" rating and set a $70.00 target price (down from $86.00) on shares of Edison International in a research report on Monday, August 31st. Truist Financial dropped their price objective on shares of Edison International from $77.00 to $63.00 and set a "hold" rating for the company in a research report on Thursday, September 3rd. Morgan Stanley reduced their price objective on Edison International from $69.00 to $65.00 and set an "underweight" rating on the stock in a report on Friday, August 21st. Jefferies Financial Group decreased their price objective on Edison International from $68.00 to $53.00 and set a "hold" rating on the stock in a research report on Monday. Finally, UBS Group lowered their target price on Edison International from $75.00 to $63.00 and set a "neutral" rating for the company in a research note on Tuesday, September 1st. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and an average price target of $64.45.

Edison International Trading Up 1.3%

EIX traded up $0.71 during midday trading on Thursday, reaching $55.52. 4,261,903 shares of the company were exchanged, compared to its average volume of 3,462,252. The stock has a market capitalization of $21.37 billion, a P/E ratio of 5.73, a PEG ratio of 2.20 and a beta of 0.62. Edison International has a one year low of $52.00 and a one year high of $81.62. The stock's 50-day simple moving average is $69.57 and its 200 day simple moving average is $71.01. 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 (NYSE:EIX - Get Free Report) last announced 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 net margin of 20.30% and a return on equity of 15.53%. The business had revenue of $4.36 billion for the quarter, compared to the consensus estimate of $4.82 billion. During the same period last year, the company posted $0.97 EPS. Edison International'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. As a group, analysts forecast that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th were given a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend was Tuesday, July 7th. Edison International's dividend payout ratio (DPR) is currently 36.19%.

Institutional Trading of Edison International

A number of large investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC raised its stake in Edison International by 36.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 41,760 shares of the utilities provider's stock worth $3,109,000 after buying an additional 11,131 shares during the period. IPG Investment Advisors LLC acquired a new position in Edison International in the second quarter valued at about $1,866,000. Cidel Asset Management Inc. increased its holdings in shares of Edison International by 3.0% in the second quarter. Cidel Asset Management Inc. now owns 6,088 shares of the utilities provider's stock worth $453,000 after acquiring an additional 178 shares in the last quarter. RFG Advisory LLC acquired a new stake in shares of Edison International during the second quarter worth about $273,000. Finally, NewEdge Advisors LLC raised its position in shares of Edison International by 26.0% during the second quarter. NewEdge Advisors LLC now owns 92,552 shares of the utilities provider's stock worth $6,890,000 after purchasing an additional 19,090 shares during the period. Institutional investors own 88.95% of the company's stock.

About Edison International

Edison International NYSE: EIX is a holding company focused on electric power generation, transmission and distribution, as well as clean-energy solutions. Its principal subsidiary, Southern California Edison (SCE), is a regulated electric utility that delivers electricity to residential, commercial, industrial and public-sector customers.

SCE operates one of the largest electric utility systems in the United States, serving communities across central, coastal and Southern California.

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