Concurrent Investment Advisors LLC Makes New Investment in Edison International $EIX

Concurrent Investment Advisors LLC bought a new position in Edison International (NYSE:EIXFree Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 28,048 shares of the utilities provider’s stock, valued at approximately $1,683,000.

A number of other hedge funds have also added to or reduced their stakes in EIX. SG Americas Securities LLC grew its stake in Edison International by 2,970.8% in the 4th quarter. SG Americas Securities LLC now owns 1,297,280 shares of the utilities provider’s stock worth $77,863,000 after acquiring an additional 1,255,034 shares in the last quarter. Man Group plc grew its stake in Edison International by 109.6% in the 2nd quarter. Man Group plc now owns 2,314,124 shares of the utilities provider’s stock worth $119,409,000 after acquiring an additional 1,209,964 shares in the last quarter. Allianz Asset Management GmbH boosted its stake in shares of Edison International by 71.3% during the third quarter. Allianz Asset Management GmbH now owns 2,425,926 shares of the utilities provider’s stock valued at $134,105,000 after purchasing an additional 1,009,508 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Edison International by 8.0% during the third quarter. AQR Capital Management LLC now owns 10,763,984 shares of the utilities provider’s stock valued at $595,033,000 after purchasing an additional 801,082 shares in the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Edison International by 59.0% during the third quarter. Victory Capital Management Inc. now owns 2,062,035 shares of the utilities provider’s stock valued at $113,989,000 after purchasing an additional 765,562 shares in the last quarter. 88.95% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on EIX shares. Truist Financial started coverage on shares of Edison International in a research note on Monday, April 20th. They set a “hold” rating and a $82.00 price objective on the stock. UBS Group downgraded shares of Edison International from a “buy” rating to a “neutral” rating and increased their price objective for the company from $70.00 to $78.00 in a research note on Friday, February 13th. Barclays dropped their price objective on shares of Edison International from $78.00 to $77.00 and set an “overweight” rating on the stock in a research note on Wednesday. JPMorgan Chase & Co. increased their price objective on shares of Edison International from $66.00 to $74.00 and gave the company a “neutral” rating in a research note on Wednesday, March 18th. Finally, Weiss Ratings upgraded shares of Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 15th. Five analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, Edison International currently has a consensus rating of “Hold” and an average target price of $72.73.

View Our Latest Stock Report on Edison International

Insiders Place Their Bets

In other Edison International news, Director Peter J. Taylor sold 500 shares of the firm’s stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $75.30, for a total value of $37,650.00. Following the completion of the sale, the director directly owned 34,212 shares in the company, valued at $2,576,163.60. This trade represents a 1.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, 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 currently owned by company insiders.

Edison International Price Performance

Shares of EIX opened at $67.81 on Thursday. The company has a market cap of $26.10 billion, a price-to-earnings ratio of 5.87, a price-to-earnings-growth ratio of 1.19 and a beta of 0.77. Edison International has a twelve month low of $47.73 and a twelve month high of $76.21. The company has a quick ratio of 0.68, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. The company has a 50 day moving average of $72.10 and a two-hundred day moving average of $64.12.

Edison International (NYSE:EIXGet Free Report) last announced its earnings results on Tuesday, April 28th. The utilities provider reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.10. The company had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.07 billion. Edison International had a net margin of 24.34% and a return on equity of 14.87%. Edison International’s revenue was up 7.7% compared to the same quarter last year. During the same period last year, the firm earned $1.37 earnings per share. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, analysts predict that Edison International will post 6.12 earnings per share for the current fiscal year.

Edison International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, April 7th will be paid a $0.8775 dividend. This represents a $3.51 annualized dividend and a yield of 5.2%. The ex-dividend date is Tuesday, April 7th. Edison International’s dividend payout ratio (DPR) is 30.36%.

More Edison International News

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

  • Positive Sentiment: Q1 results beat: EIX reported adjusted EPS of $1.42 and revenue of $4.10B, topping estimates and showing year-over-year revenue growth — a near-term fundamental positive for earnings momentum. EIX Q1 2026 Earnings Call Highlights
  • Positive Sentiment: Rate environment helped profits: rising electricity rates supported steady profit growth in the quarter, cushioning margins. Reuters: Edison International posts steady profit growth
  • Positive Sentiment: Analyst upgrade: Citi reaffirmed a Buy and raised its price target to $86, citing AI efficiencies, benign regulation and capital flexibility — a potential catalyst for positive sentiment. TipRanks: Buy rating reaffirmed
  • Positive Sentiment: Grid investment strategy: management detailed a wires-focused grid investment plan, signaling continued capex to improve reliability and support future rate-base growth. TipRanks: Wires-focused grid investment strategy
  • Neutral Sentiment: Company disclosures: the earnings press release, slide deck and call transcript are available for deeper review (useful for modeling but not immediate price drivers). Seeking Alpha: Q1 earnings call transcript
  • Negative Sentiment: Rising expenses and operating income compression: analysts flagged higher operating costs and lower operating income despite the top-line beat — a margin concern that can pressure near-term earnings leverage. Zacks: Q1 earnings and revenues beat; expenses jump
  • Negative Sentiment: Wildfire compensation exposure: Southern California Edison has offered more than $500M in relief for the Eaton Fire under its Wildfire Recovery program — a meaningful cash outflow and reputational/legal item investors will watch. BusinessWire: Relief offered exceeds $500M
  • Negative Sentiment: Guidance is conservative vs. some Street expectations: FY2026 EPS was updated to a 5.90–6.20 range, roughly centered on but slightly below some analyst estimates — this tempering of forward expectations can cap upside. Company FY2026 guidance (press materials)

About Edison International

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding EIX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Edison International (NYSE:EIXFree Report).

Institutional Ownership by Quarter for Edison International (NYSE:EIX)

Receive News & Ratings for Edison International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Edison International and related companies with MarketBeat.com's FREE daily email newsletter.