Edison International (NYSE:EIX) Downgraded to Hold Rating by Barclays

Edison International (NYSE:EIX) was downgraded by equities researchers at Barclays from a “strong-buy” rating to a “hold” rating in a note issued to investors on Friday,Zacks.com reports.

EIX has been the topic of several other research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Edison International in a research note on Monday, July 13th. Truist Financial lowered their price objective on shares of Edison International from $82.00 to $79.00 and set a “hold” rating for the company in a research note on Monday, May 18th. Morgan Stanley reiterated an “underweight” rating and set a $69.00 target price on shares of Edison International in a report on Wednesday, July 22nd. Mizuho raised their target price on shares of Edison International from $79.00 to $86.00 and gave the company an “outperform” rating in a research report on Friday. Finally, 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 report on Monday, April 20th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $73.00.

Edison International Stock Down 6.9%

Shares of NYSE:EIX opened at $73.30 on Friday. The business’s 50 day moving average is $74.33 and its 200 day moving average is $71.01. The stock has a market cap of $28.21 billion, a P/E ratio of 7.56, a price-to-earnings-growth ratio of 6.12 and a beta of 0.66. Edison International has a 52-week low of $51.01 and a 52-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.

Edison International (NYSE:EIX) last issued its 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 return on equity of 15.65% and a net margin of 20.30%.The business had revenue of $4.36 billion during the quarter, compared to analyst estimates of $4.82 billion. During the same period in the previous year, the company posted $0.97 EPS. Edison International’s revenue was down 4.1% on a year-over-year basis. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. Sell-side analysts predict that Edison International will post 6.13 EPS for the current year.

Hedge Funds Weigh In On Edison International

A number of large investors have recently added to or reduced their stakes in the company. 10Elms LLP bought a new stake in shares of Edison International in the 4th quarter valued at about $26,000. Transamerica Financial Advisors LLC raised its stake 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. Groupe la Francaise bought a new position in shares of Edison International during the 1st quarter worth approximately $29,000. Altshuler Shaham Ltd lifted its position in Edison International by 36.6% during the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock valued at $42,000 after acquiring an additional 155 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. lifted its position 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 valued at $47,000 after acquiring an additional 702 shares during the last quarter. 88.95% of the stock is currently owned by institutional investors.

More Edison International News

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

• Positive Sentiment: Second-quarter adjusted core EPS was $1.54, up from $0.97 a year earlier and above the approximately $1.02–$1.18 consensus range. Net income reached $534 million, while management reaffirmed full-year 2026 core EPS guidance of $5.90–$6.20. Edison International Reports Second Quarter 2026 Results
• Positive Sentiment: Southern California Edison outlined plans to install approximately 450 miles of covered conductor, supporting wildfire mitigation efforts and potentially reducing future operational risk. Edison reaffirms 2026 core EPS guidance
• Neutral Sentiment: Analyst price targets remain mixed, with a reported median target of $77.50. Institutional positioning was also divided in the latest quarter, with 539 investors adding shares and 390 reducing holdings.
• Negative Sentiment: Quarterly revenue fell 4.1% year over year to $4.36 billion, below the roughly $4.82 billion analyst expectation. The revenue shortfall overshadowed the EPS beat and raised concerns about the quality and durability of earnings growth. Edison International Q2 earnings surpass estimates, revenues miss
• Negative Sentiment: Wildfire litigation remains the largest valuation overhang. Southern California Edison has reported roughly 2,000 Eaton Fire lawsuits involving about 30,000 plaintiffs, while Edison has said it cannot yet reasonably estimate potential losses. Edison International slides as earnings miss adds to wildfire overhang
• Negative Sentiment: At least one analyst moved to a less bullish stance, adding to pressure on the stock after the earnings release. Edison International analyst downgrade

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.