California State Teachers Retirement System lessened its holdings in Edison International (NYSE:EIX – Free Report) by 1.6% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 680,923 shares of the utilities provider’s stock after selling 11,293 shares during the quarter. California State Teachers Retirement System’s holdings in Edison International were worth $49,830,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. 10Elms LLP acquired a new position in shares of Edison International during the 4th quarter worth about $26,000. Transamerica Financial Advisors LLC raised its position in shares of Edison International by 170.3% during the 4th quarter. Transamerica Financial Advisors LLC now owns 446 shares of the utilities provider’s stock worth $27,000 after acquiring an additional 281 shares in the last quarter. Quest 10 Wealth Builders Inc. lifted its stake in Edison International by 866.7% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 702 shares during the last quarter. DV Equities LLC purchased a new stake in Edison International during the fourth quarter worth approximately $52,000. Finally, McMillan Office Inc. acquired a new position in Edison International in the fourth quarter valued at approximately $55,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.
Edison International Stock Up 0.2%
Shares of NYSE:EIX opened at $78.75 on Friday. Edison International has a fifty-two week low of $51.01 and a fifty-two week high of $81.62. The company has a quick ratio of 0.68, a current ratio of 0.74 and a debt-to-equity ratio of 1.98. The firm’s 50-day simple moving average is $74.29 and its 200-day simple moving average is $70.99. The company has a market cap of $30.30 billion, a price-to-earnings ratio of 8.55, a PEG ratio of 6.11 and a beta of 0.66.
Edison International Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th will be paid a dividend of $0.8775 per share. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Tuesday, July 7th. Edison International’s dividend payout ratio is 38.11%.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on EIX shares. Truist Financial cut their price objective on shares of Edison International from $82.00 to $79.00 and set a “hold” rating on the stock in a report on Monday, May 18th. Morgan Stanley reaffirmed an “underweight” rating and issued a $69.00 target price on shares of Edison International in a research report on Wednesday, July 22nd. Bank of America reduced their price target on shares of Edison International from $80.00 to $78.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Seaport Research Partners downgraded shares of Edison International from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and set a $62.00 price objective on shares of Edison International in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $72.64.
Read Our Latest Research Report on EIX
More Edison International News
Here are the key news stories impacting Edison International this week:
- Positive Sentiment: Edison reported second-quarter adjusted core earnings of $1.54 per share, up from $0.97 a year earlier and above analyst estimates ranging from $1.02 to $1.18. GAAP net income also rose to $534 million from $343 million, providing the main catalyst for the stock’s gain. Edison International Beats Q2 Earnings Estimates
- Positive Sentiment: The company reaffirmed its 2026 core EPS guidance of $5.90 to $6.20, supporting earnings visibility. Southern California Edison also outlined plans to install 450 miles of covered conductor, a wildfire-prevention investment that could strengthen system reliability and reduce long-term fire risk. Edison Reaffirms 2026 Core EPS Guidance
- Neutral Sentiment: Management’s guidance remains broadly consistent with expectations, but the $6.05 midpoint is modestly below the approximately $6.12 analyst consensus. Investors may therefore look for evidence that grid investment, rate-case support and demand growth can sustain the earnings trajectory. Edison International Q2 Earnings Call Transcript
- Negative Sentiment: Revenue totaled $4.36 billion, below the $4.82 billion consensus estimate and down 4.1% year over year. The revenue shortfall may limit enthusiasm despite the substantial earnings improvement. Edison International Reports Second Quarter 2026 Results
Edison International Company Profile
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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