Benjamin Edwards Inc. Increases Position in Edison International $EIX

Benjamin Edwards Inc. increased its position in shares of Edison International (NYSE:EIX) by 178.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 13,935 shares of the utilities provider’s stock after acquiring an additional 8,933 shares during the quarter. Benjamin Edwards Inc.’s holdings in Edison International were worth $1,037,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Edmond DE Rothschild Holding S.A. acquired a new position in Edison International in the 2nd quarter valued at $26,000. Groupe la Francaise acquired a new stake in shares of Edison International during the first quarter worth $29,000. Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Edison International during the second quarter worth $30,000. Bell Investment Advisors Inc purchased a new stake in shares of Edison International in the second quarter valued at $31,000. Finally, 10Elms LLP purchased a new stake in shares of Edison International in the fourth quarter valued at $26,000. 88.95% of the stock is owned by hedge funds and other institutional investors.

Key Edison International News

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

• Positive Sentiment: California lawmakers reportedly killed a wildfire bill that did not provide liability protections for investor-owned utilities. The development may reopen the possibility of legislation that limits wildfire-related financial exposure for Edison’s Southern California Edison subsidiary. PG&E Stock, Edison International Rise as California Lawmakers Kill Wildfire Bill
• Positive Sentiment: Traders purchased 23,522 EIX call options, approximately 514% above typical call volume. The activity indicates increased speculative interest and may reflect bets on a rebound, although options volume alone does not establish a lasting change in fundamentals.
• Neutral Sentiment: Bank of America reaffirmed its “neutral” rating but reduced its price target to $51 from $81, implying further downside from the current trading level. The sharply lower target underscores how materially wildfire-liability concerns have changed the risk assessment. Bank of America analyst update
• Neutral Sentiment: Mizuho also maintained a “neutral” rating while cutting its target to $70 from $86. Its target remains above the current price, suggesting potential recovery value if California provides a workable liability framework, but the reduction signals greater uncertainty. Monday’s Top Wall Street Analyst Research Calls
• Negative Sentiment: The underlying concern remains unresolved: recent wildfire legislation omitted the liability cap investors expected, leaving EIX potentially responsible for substantial fire-related costs. Southern California Edison’s call for comprehensive wildfire reform highlights the continuing regulatory, balance-sheet and credit-rating risks. Edison International plunges after California bill omits protections

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Morgan Stanley dropped their target price on Edison International from $69.00 to $65.00 and set an “underweight” rating for the company in a research note on Friday, August 21st. Argus reissued a “hold” rating on shares of Edison International in a research note on Wednesday, August 26th. Mizuho restated a “neutral” rating and issued a $70.00 price target (down from $86.00) on shares of Edison International in a report on Monday. JPMorgan Chase & Co. upped their price objective on shares of Edison International from $75.00 to $76.00 and gave the company a “neutral” rating in a research note on Friday, May 15th. Finally, UBS Group cut their price objective on shares of Edison International from $75.00 to $63.00 and set a “neutral” rating on the stock in a report on Tuesday. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $67.18.

Edison International Trading Up 9.3%

Shares of EIX opened at $59.01 on Wednesday. Edison International has a twelve month low of $52.00 and a twelve month high of $81.62. The firm has a market capitalization of $22.71 billion, a P/E ratio of 6.08, a price-to-earnings-growth ratio of 4.19 and a beta of 0.62. The company has a current ratio of 0.66, a quick ratio of 0.61 and a debt-to-equity ratio of 1.95. The stock’s fifty day simple moving average is $73.66 and its 200 day simple moving average is $72.27.

Edison International (NYSE:EIX) last posted its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 15.53% and a net margin of 20.30%.The firm’s quarterly revenue was down 4.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.97 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. On average, equities research analysts forecast that Edison International will post 6.13 earnings per share for the current year.

Edison International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th were paid a $0.8775 dividend. This represents a $3.51 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Edison International’s payout ratio is currently 36.19%.

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.