15,948 Edison International $EIX Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR cut its holdings in shares of Edison International (NYSE:EIX) by 26.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,925 shares of the utilities provider’s stock after selling 15,948 shares during the period. Generali Asset Management SPA SGR’s holdings in Edison International were worth $2,414,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avior Wealth Management LLC grew its holdings in shares of Edison International by 4.7% during the second quarter. Avior Wealth Management LLC now owns 2,956 shares of the utilities provider’s stock worth $220,000 after purchasing an additional 134 shares during the last quarter. Equitable Trust Co. increased its stake in shares of Edison International by 0.8% in the first quarter. Equitable Trust Co. now owns 19,616 shares of the utilities provider’s stock valued at $1,435,000 after buying an additional 148 shares in the last quarter. Altshuler Shaham Ltd increased its stake in shares of Edison International by 36.6% in the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock valued at $42,000 after buying an additional 155 shares in the last quarter. Cidel Asset Management Inc. raised 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 valued at $453,000 after buying an additional 178 shares during the last quarter. Finally, Paladin Wealth LLC raised its holdings in shares of Edison International by 6.3% in the second quarter. Paladin Wealth LLC now owns 3,035 shares of the utilities provider’s stock valued at $226,000 after buying an additional 181 shares during the last quarter. 88.95% of the stock is owned by institutional investors and hedge funds.

Edison International Trading Up 0.8%

NYSE EIX opened at $59.27 on Friday. Edison International has a 52 week low of $51.10 and a 52 week high of $81.62. The stock’s 50 day moving average price is $58.08 and its two-hundred day moving average price is $67.73. The stock has a market capitalization of $22.81 billion, a price-to-earnings ratio of 8.20, a PEG ratio of 2.49 and a beta of 0.62. 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) last posted its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.92 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.11. The firm had revenue of $4.89 billion for the quarter, compared to analyst estimates of $5.34 billion. Edison International had a return on equity of 15.53% and a net margin of 20.30%. The business’s quarterly revenue was down 15.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.34 EPS. As a group, analysts anticipate that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Saturday, October 31st. Stockholders of record on Wednesday, October 7th will be given a $0.8775 dividend. This represents a $3.51 dividend on an annualized basis and a dividend yield of 5.9%. The ex-dividend date of this dividend is Wednesday, October 7th. Edison International’s payout ratio is presently 36.19%.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on EIX shares. Weiss Ratings downgraded shares of Edison International from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, September 10th. HSBC assumed coverage on shares of Edison International in a research report on Thursday, October 22nd. They issued a “hold” rating and a $56.50 price objective for the company. Truist Financial dropped their target price on shares of Edison International from $63.00 to $62.00 and set a “hold” rating for the company in a research note on Monday, October 12th. Morgan Stanley upped their target price on shares of Edison International from $60.00 to $62.00 and gave the stock an “underweight” rating in a research report on Wednesday, October 21st. Finally, Barclays decreased their price target on shares of Edison International from $75.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Friday, October 9th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $60.58.

Insider Activity at Edison International

In related news, Director Peter Taylor sold 500 shares of the company’s stock in a transaction dated Monday, October 12th. The shares were sold at an average price of $55.56, for a total value of $27,780.00. Following the transaction, the director directly owned 33,212 shares in the company, valued at approximately $1,845,258.72. This represents a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.20% of the company’s stock.

Edison International News Roundup

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

• Positive Sentiment: Adjusted EPS exceeded expectations. Edison International reported third-quarter adjusted earnings of $1.92 per share, above estimates ranging from $1.81 to $1.83. Earnings Flash: Edison International Posts Q3 Adjusted EPS of $1.92
• Positive Sentiment: Management reaffirmed its outlook. The company maintained its full-year guidance, providing some reassurance that operating performance remains on track despite the challenging regulatory and wildfire environment. Edison International Reports Lower Q3 Earnings and Reaffirms Guidance
• Positive Sentiment: Valuation may attract value-oriented investors. Analysts and investors have pointed to EIX’s low earnings multiple and stronger underlying earnings as potential advantages if California wildfire-liability reforms progress. Is Wildfire Fear Creating a Deep Value Opportunity in California Utilities?
• Neutral Sentiment: Profitability remained substantial but declined year over year. Third-quarter net income was $724 million, while EPS fell from $2.34 in the prior-year quarter. Return on equity was 15.53% and net margin was 20.30%. Edison International Surpasses Q3 Earnings Estimates
• Negative Sentiment: Revenue missed expectations. Quarterly revenue of $4.89 billion was below the $5.34 billion consensus estimate, indicating that the earnings beat did not reflect broad-based top-line strength. Edison International Q3 Earnings Report
• Negative Sentiment: Wildfire risk continues to weigh on sentiment. Stalled liability reforms and claims related to the Eaton Fire remain significant uncertainties, potentially affecting future costs, regulatory outcomes and the company’s valuation. Edison International Q3 2026 Earnings: EPS Beat Overshadowed by Wildfire Reform Warning

Edison International Company Profile

Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.