Diversified Trust Co. Makes New $632,000 Investment in Edison International $EIX

Diversified Trust Co. bought a new stake in shares of Edison International (NYSE:EIX) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 10,523 shares of the utilities provider’s stock, valued at approximately $632,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Activest Wealth Management increased its holdings in shares of Edison International by 677.8% during the 3rd quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 488 shares during the last quarter. CVA Family Office LLC lifted its holdings in Edison International by 113.7% in the 3rd quarter. CVA Family Office LLC now owns 577 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 307 shares during the last quarter. Ransom Advisory Ltd boosted its position in Edison International by 74.9% during the fourth quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 259 shares during the period. Laurel Wealth Advisors LLC grew its holdings in Edison International by 5,064.3% during the second quarter. Laurel Wealth Advisors LLC now owns 723 shares of the utilities provider’s stock valued at $37,000 after purchasing an additional 709 shares during the last quarter. Finally, CoreFirst Bank & Trust bought a new position in shares of Edison International in the second quarter valued at approximately $38,000. Institutional investors and hedge funds own 88.95% of the company’s stock.

Edison International Stock Performance

NYSE EIX opened at $70.25 on Friday. The company has a debt-to-equity ratio of 1.92, a current ratio of 0.73 and a quick ratio of 0.68. The firm has a market capitalization 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 company’s fifty day moving average is $68.67 and its two-hundred day moving average is $61.37. Edison International has a 52-week low of $47.73 and a 52-week high of $75.50.

Edison International (NYSE:EIX) last announced its quarterly earnings data on Wednesday, February 18th. The utilities provider reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.47 by $0.40. Edison International had a net margin of 24.34% and a return on equity of 14.87%. The business had revenue of $5.21 billion during the quarter, compared to analyst estimates of $4.29 billion. During the same quarter in the prior year, the business earned $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. Equities research analysts forecast that Edison International will post 4.95 EPS for the current year.

Edison International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, April 7th will be paid a dividend of $0.8775 per share. This represents a $3.51 annualized dividend and a yield of 5.0%. The ex-dividend date is Tuesday, April 7th. Edison International’s payout ratio is currently 30.36%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on EIX. Zacks Research cut shares of Edison International from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. Morgan Stanley reiterated an “underweight” rating on shares of Edison International in a report on Friday, February 20th. Wells Fargo & Company lowered shares of Edison International from an “equal weight” rating to an “underweight” rating and boosted their target price for the stock from $56.00 to $59.00 in a research report on Tuesday, January 20th. Barclays upped their price target on shares of Edison International from $67.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, February 19th. Finally, JPMorgan Chase & Co. raised their price target on Edison International from $66.00 to $74.00 and gave the company a “neutral” rating in a research report on Wednesday, March 18th. Three investment 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’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target 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.