PBU The Pension Fund of Early Childhood & Youth Educators Takes Position in Edison International $EIX

PBU The Pension Fund of Early Childhood & Youth Educators acquired a new stake in Edison International (NYSE:EIX) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 63,967 shares of the utilities provider’s stock, valued at approximately $3,839,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of EIX. Jones Financial Companies Lllp boosted its position in shares of Edison International by 112.9% during the 1st quarter. Jones Financial Companies Lllp now owns 9,785 shares of the utilities provider’s stock worth $577,000 after purchasing an additional 5,190 shares during the period. Empowered Funds LLC boosted its position in shares of Edison International by 2.4% during the 1st quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock worth $523,000 after purchasing an additional 211 shares during the period. Woodline Partners LP boosted its position in shares of Edison International by 40.7% during the 1st quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider’s stock worth $1,927,000 after purchasing an additional 9,459 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Edison International by 153.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider’s stock worth $451,000 after purchasing an additional 5,290 shares during the period. Finally, Baird Financial Group Inc. purchased a new position in shares of Edison International during the 2nd quarter worth approximately $302,000. 88.95% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, Director Peter J. Taylor sold 500 shares of the business’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $75.30, for a total value of $37,650.00. Following the sale, the director directly owned 34,212 shares in the company, valued at $2,576,163.60. The trade was a 1.44% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on EIX. Mizuho set a $79.00 price objective on shares of Edison International in a research report on Thursday, February 19th. Morgan Stanley lowered their price objective on shares of Edison International from $71.00 to $70.00 and set an “underweight” rating for the company in a research report on Tuesday, April 21st. Wells Fargo & Company reaffirmed an “underweight” rating and set a $62.00 price objective on shares of Edison International in a research report on Tuesday, April 21st. Weiss Ratings raised shares of Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, April 15th. Finally, Barclays lowered their price objective on shares of Edison International from $78.00 to $77.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $72.64.

Edison International Price Performance

Shares of NYSE:EIX opened at $73.46 on Friday. The company’s fifty day moving average price is $70.99 and its 200 day moving average price is $66.49. Edison International has a 12 month low of $47.73 and a 12 month high of $76.21. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.74 and a quick ratio of 0.68. The firm has a market capitalization of $28.27 billion, a P/E ratio of 7.98, a P/E/G ratio of 1.27 and a beta of 0.67.

Edison International (NYSE:EIX) last announced its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.10. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The business had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $4.15 billion. During the same period in the prior year, the company earned $1.37 earnings per share. The business’s revenue was up 7.7% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, sell-side analysts predict that Edison International will post 6.12 earnings per share for the current fiscal year.

Edison International 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.