15,477 Edison International $EIX Shares Sold by Sigma Planning Corp

Sigma Planning Corp lessened its stake in Edison International (NYSE:EIX) by 54.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 13,157 shares of the utilities provider’s stock after selling 15,477 shares during the quarter. Sigma Planning Corp’s holdings in Edison International were worth $707,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of EIX. Edmond DE Rothschild Holding S.A. purchased a new position in shares of Edison International in the 2nd quarter worth approximately $26,000. Groupe la Francaise acquired a new position in shares of Edison International during the first quarter worth $29,000. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in shares of Edison International during the 2nd quarter valued at $30,000. Bell Investment Advisors Inc acquired a new stake in shares of Edison International in the 2nd quarter worth $31,000. Finally, Quantbot Technologies LP purchased a new position in Edison International during the 2nd quarter worth $41,000. 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: Edison reported third-quarter adjusted EPS of $1.92, exceeding consensus estimates of $1.81-$1.83. Management also reaffirmed its 2026 core EPS guidance of $5.90-$6.20 and outlined a $38 billion-$41 billion capital-investment plan. Edison International Q3 Earnings Outpace Estimates, Revenues Miss
• Positive Sentiment: The company maintained its earnings outlook despite regulatory challenges, providing some support for the stock’s longer-term investment case. Edison Reaffirms 2026 Core EPS Guidance
• Neutral Sentiment: Barclays raised its price target from $53 to $58 while retaining an “equal weight” rating, suggesting limited expected upside at recent trading levels. Barclays Edison International Ratings
• Neutral Sentiment: Edison was highlighted among high-yield utility stocks, which may attract income-focused investors, although the article does not introduce a material change to the company’s outlook. High-Yield Utilities Article
• Negative Sentiment: Third-quarter revenue fell 15% year over year to $4.89 billion, missing estimates of $5.34 billion, while EPS declined from $2.34 a year earlier. The revenue miss and weaker earnings growth temper the impact of the EPS beat. Q3 Earnings and Revenue Results
• Negative Sentiment: Management stressed the need for urgent California wildfire-liability reform, warning that rising financing costs could restrict grid investment. Delays in reform and potential wildfire claims remain major risks. EIX Earnings Call Highlights Wildfire Reform
• Negative Sentiment: Wells Fargo lowered its price target from $62 to $59 and maintained an “underweight” rating, reinforcing investor concerns about limited upside and regulatory exposure. Wells Fargo Edison International Ratings

Insider Activity

In other news, Director Peter Taylor sold 500 shares of the stock in a transaction that occurred on 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 owned 33,212 shares in the company, valued at $1,845,258.72. This trade represents a 1.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on EIX shares. HSBC began coverage on Edison International in a research note on Thursday, October 22nd. They issued a “hold” rating and a $56.50 price target for the company. JPMorgan Chase & Co. cut their price target on shares of Edison International from $61.00 to $59.00 and set a “neutral” rating on the stock in a research note on Monday, October 12th. Weiss Ratings downgraded shares of Edison International from a “buy (b-)” rating to a “hold (c)” rating in a research note on Thursday, September 10th. Bank of America lowered shares of Edison International from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $81.00 to $51.00 in a report on Tuesday, September 1st. Finally, Jefferies Financial Group cut Edison International from a “hold” rating to an “underperform” rating and lowered their price target for the stock from $53.00 to $42.00 in a research report on Friday, October 2nd. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $60.73.

Edison International Stock Performance

NYSE EIX opened at $58.92 on Friday. Edison International has a fifty-two week low of $51.10 and a fifty-two week high of $81.62. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.61 and a current ratio of 0.66. The firm has a market capitalization of $22.67 billion, a P/E ratio of 6.26, a PEG ratio of 2.51 and a beta of 0.62. The stock has a 50-day simple moving average of $57.77 and a two-hundred day simple moving average of $67.72.

Edison International (NYSE:EIX) last announced its quarterly earnings results on Thursday, October 29th. The utilities provider reported $1.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.11. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $5.34 billion. Edison International had a return on equity of 14.27% and a net margin of 20.50%. Edison International’s revenue for the quarter was down 15.0% on a year-over-year basis. During the same period in the previous year, the company posted $2.34 earnings per share. On average, equities analysts forecast that Edison International will post 6.13 earnings per share for the current year.

Edison International Announces Dividend

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 paid a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a dividend yield of 6.0%. The ex-dividend date of this dividend is Wednesday, October 7th. Edison International’s dividend payout ratio is presently 36.19%.

About Edison International

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.