Diversified Trust Co. Buys Shares of 10,523 Edison International $EIX

Diversified Trust Co. bought a new stake in Edison International (NYSE:EIX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,523 shares of the utilities provider’s stock, valued at approximately $632,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in Edison International by 112.9% in 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 in the last quarter. Empowered Funds LLC grew its stake in Edison International by 2.4% during the 1st quarter. Empowered Funds LLC now owns 8,875 shares of the utilities provider’s stock valued at $523,000 after acquiring an additional 211 shares in the last quarter. Woodline Partners LP grew its stake in Edison International by 40.7% during the 1st quarter. Woodline Partners LP now owns 32,709 shares of the utilities provider’s stock valued at $1,927,000 after acquiring an additional 9,459 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in shares of Edison International by 153.6% in the 2nd 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 during the period. Finally, MAI Capital Management increased its holdings in shares of Edison International by 20.8% in the 2nd quarter. MAI Capital Management now owns 1,172 shares of the utilities provider’s stock valued at $60,000 after purchasing an additional 202 shares during the period. Institutional investors and hedge funds own 88.95% of the company’s stock.

Edison International Stock Down 0.7%

Shares of Edison International stock opened at $70.25 on Friday. The firm has a market cap of $27.04 billion, a price-to-earnings ratio of 6.08, a P/E/G ratio of 1.15 and a beta of 0.79. The stock has a 50-day simple moving average of $68.67 and a 200-day simple moving average of $61.37. Edison International has a 52-week low of $47.73 and a 52-week high of $75.50. 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 released its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.47 by $0.40. The firm had revenue of $5.21 billion for the quarter, compared to the consensus estimate of $4.29 billion. Edison International had a return on equity of 14.87% and a net margin of 24.34%.During the same quarter in the prior 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. On average, equities research analysts expect that Edison International will post 4.95 earnings per share for the current fiscal year.

Edison International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders 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 annualized dividend and a dividend yield of 5.0%. Edison International’s dividend payout ratio is 30.36%.

Wall Street Analyst Weigh In

Several analysts recently commented on EIX shares. Morgan Stanley restated an “underweight” rating on shares of Edison International in a report on Friday, February 20th. UBS Group lowered shares of Edison International from a “buy” rating to a “neutral” rating and upped their price objective for the company from $70.00 to $78.00 in a research note on Friday, February 13th. Jefferies Financial Group cut their target price on shares of Edison International from $59.00 to $54.00 and set a “hold” rating for the company in a research report on Wednesday, January 28th. Mizuho set a $79.00 target price on shares of Edison International in a research note on Thursday, February 19th. Finally, Zacks Research cut shares of Edison International from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $69.44.

Edison International Company 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.