Proficio Capital Partners LLC Buys Shares of 11,312 Edison International $EIX

Proficio Capital Partners LLC bought a new position in shares of Edison International (NYSE:EIX) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 11,312 shares of the utilities provider’s stock, valued at approximately $842,000.

Several other institutional investors also recently modified their holdings of EIX. Jones Financial Companies Lllp boosted its stake in 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 acquiring an additional 5,190 shares during the last quarter. Empowered Funds LLC grew its holdings in Edison International by 2.4% during the first quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock valued at $523,000 after purchasing an additional 211 shares during the period. Woodline Partners LP increased its stake in Edison International by 40.7% in the first quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider’s stock valued at $1,927,000 after purchasing an additional 9,459 shares in the last quarter. Sivia Capital Partners LLC increased its stake in Edison International by 153.6% in the second quarter. Sivia Capital Partners LLC now owns 8,734 shares of the utilities provider’s stock valued at $451,000 after purchasing an additional 5,290 shares in the last quarter. Finally, Baird Financial Group Inc. acquired a new stake in Edison International in the second quarter worth $302,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.

Edison International Trading Up 9.3%

NYSE:EIX opened at $59.01 on Wednesday. The company has a market cap of $22.71 billion, a P/E ratio of 6.08, a price-to-earnings-growth ratio of 4.19 and a beta of 0.62. Edison International has a twelve month low of $52.00 and a twelve month high of $81.62. The business has a 50 day moving average price of $73.66 and a two-hundred day moving average price of $72.27. The company has a quick ratio of 0.61, a current ratio of 0.66 and a debt-to-equity ratio of 1.95.

Edison International (NYSE:EIX) last issued its quarterly earnings results on Thursday, July 30th. The utilities provider reported $1.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.18 by $0.36. Edison International had a net margin of 20.30% and a return on equity of 15.53%. The firm had revenue of $4.36 billion for the quarter, compared to analyst estimates of $4.82 billion. During the same period in the previous year, the business earned $0.97 EPS. The company’s revenue was down 4.1% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. As a group, analysts expect that Edison International will post 6.13 EPS for the current fiscal year.

Edison International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Stockholders of record on Tuesday, July 7th were issued a $0.8775 dividend. This represents a $3.51 annualized dividend and a dividend yield of 5.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Edison International’s dividend payout ratio is presently 36.19%.

Trending Headlines about Edison International

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

• Positive Sentiment: California lawmakers reportedly killed a wildfire bill that did not provide liability protections for investor-owned utilities. The development may reopen the possibility of legislation that limits wildfire-related financial exposure for Edison’s Southern California Edison subsidiary. PG&E Stock, Edison International Rise as California Lawmakers Kill Wildfire Bill
• Positive Sentiment: Traders purchased 23,522 EIX call options, approximately 514% above typical call volume. The activity indicates increased speculative interest and may reflect bets on a rebound, although options volume alone does not establish a lasting change in fundamentals.
• Neutral Sentiment: Bank of America reaffirmed its “neutral” rating but reduced its price target to $51 from $81, implying further downside from the current trading level. The sharply lower target underscores how materially wildfire-liability concerns have changed the risk assessment. Bank of America analyst update
• Neutral Sentiment: Mizuho also maintained a “neutral” rating while cutting its target to $70 from $86. Its target remains above the current price, suggesting potential recovery value if California provides a workable liability framework, but the reduction signals greater uncertainty. Monday’s Top Wall Street Analyst Research Calls
• Negative Sentiment: The underlying concern remains unresolved: recent wildfire legislation omitted the liability cap investors expected, leaving EIX potentially responsible for substantial fire-related costs. Southern California Edison’s call for comprehensive wildfire reform highlights the continuing regulatory, balance-sheet and credit-rating risks. Edison International plunges after California bill omits protections

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on EIX. Truist Financial reduced their price target on shares of Edison International from $81.00 to $77.00 and set a “hold” rating on the stock in a research report on Tuesday, August 4th. Mizuho restated a “neutral” rating and issued a $70.00 price objective (down from $86.00) on shares of Edison International in a research report on Monday. Weiss Ratings raised Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 27th. JPMorgan Chase & Co. lifted their target price on Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a report on Friday, May 15th. Finally, UBS Group decreased their target price on Edison International from $75.00 to $63.00 and set a “neutral” rating for the company in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $67.18.

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.