Capitolis Liquid Global Markets LLC Purchases Shares of 217,000 Edison International $EIX

Capitolis Liquid Global Markets LLC purchased a new position in Edison International (NYSE:EIX) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 217,000 shares of the utilities provider’s stock, valued at approximately $11,996,000. Capitolis Liquid Global Markets LLC owned approximately 0.06% of Edison International as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of the business. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of Edison International by 44.2% in the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 10,383 shares of the utilities provider’s stock valued at $574,000 after purchasing an additional 3,184 shares during the last quarter. Bridgefront Capital LLC grew its position in Edison International by 9.3% during the 3rd quarter. Bridgefront Capital LLC now owns 9,323 shares of the utilities provider’s stock worth $515,000 after purchasing an additional 794 shares during the last quarter. Bank of America Corp DE grew its position in Edison International by 13.9% during the 3rd quarter. Bank of America Corp DE now owns 2,263,109 shares of the utilities provider’s stock worth $125,105,000 after purchasing an additional 275,564 shares during the last quarter. Bank of Nova Scotia increased its stake in Edison International by 743.5% during the 3rd quarter. Bank of Nova Scotia now owns 339,458 shares of the utilities provider’s stock valued at $18,765,000 after purchasing an additional 299,215 shares in the last quarter. Finally, Boothbay Fund Management LLC increased its stake in Edison International by 103.2% during the 3rd quarter. Boothbay Fund Management LLC now owns 20,541 shares of the utilities provider’s stock valued at $1,136,000 after purchasing an additional 10,433 shares in the last quarter. Hedge funds and other institutional investors own 88.95% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. JPMorgan Chase & Co. lifted their price objective on shares of Edison International from $65.00 to $66.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Mizuho set a $79.00 target price on Edison International in a research report on Thursday, February 19th. Wells Fargo & Company lowered Edison International from an “equal weight” rating to an “underweight” rating and raised their target price for the stock from $56.00 to $59.00 in a research note on Tuesday, January 20th. UBS Group cut Edison International from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $70.00 to $78.00 in a research report on Friday, February 13th. Finally, Jefferies Financial Group cut their price objective on Edison International from $59.00 to $54.00 and set a “hold” rating on the stock in a report on Wednesday, January 28th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $68.56.

Edison International Stock Up 1.1%

NYSE:EIX opened at $71.78 on Friday. The firm has a market capitalization of $27.62 billion, a P/E ratio of 6.21, a PEG ratio of 1.16 and a beta of 0.79. Edison International has a 1-year low of $47.73 and a 1-year high of $75.50. The company’s fifty day moving average price is $66.52 and its 200-day moving average price is $60.28. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.68.

Edison International (NYSE:EIX) last issued its earnings results on Wednesday, February 18th. The utilities provider reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.40. Edison International had a net margin of 24.34% and a return on equity of 14.87%. The firm had revenue of $5.21 billion during the quarter, compared to analysts’ expectations of $4.29 billion. During the same quarter last year, the company posted $1.05 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS and its FY 2027 guidance at 6.250-6.650 EPS. As a group, equities research analysts anticipate that Edison International will post 4.95 EPS for the current year.

Edison International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th will be paid a dividend of $0.8775 per share. The ex-dividend date is Tuesday, April 7th. This represents a $3.51 dividend on an annualized basis and a dividend yield of 4.9%. Edison International’s dividend payout ratio (DPR) is presently 30.36%.

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.