Caerus Investment Advisors LLC Raises Stock Holdings in Edison International $EIX

Caerus Investment Advisors LLC increased its position in Edison International (NYSE:EIX) by 77.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,494 shares of the utilities provider’s stock after buying an additional 12,441 shares during the quarter. Edison International accounts for approximately 0.6% of Caerus Investment Advisors LLC’s holdings, making the stock its 27th biggest holding. Caerus Investment Advisors LLC’s holdings in Edison International were worth $1,710,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Ransom Advisory Ltd increased its stake in shares of Edison International by 74.9% in the fourth quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock worth $36,000 after buying an additional 259 shares during the period. Ameriflex Group Inc. increased its stake in shares of Edison International by 100.0% in the third quarter. Ameriflex Group Inc. now owns 742 shares of the utilities provider’s stock worth $41,000 after buying an additional 371 shares during the period. Quest 10 Wealth Builders Inc. increased its stake in shares of Edison International by 866.7% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $47,000 after buying an additional 702 shares during the period. Zions Bancorporation National Association UT increased its stake in shares of Edison International by 1,000.0% in the fourth quarter. Zions Bancorporation National Association UT now owns 935 shares of the utilities provider’s stock worth $56,000 after buying an additional 850 shares during the period. Finally, MUFG Securities EMEA plc purchased a new position in shares of Edison International in the second quarter worth $59,000. 88.95% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Edison International

In other news, Director Peter J. Taylor sold 500 shares of the business’s stock in a transaction on Monday, April 13th. The shares were sold at an average price of $75.30, for a total transaction of $37,650.00. Following the sale, the director owned 34,212 shares in the company, valued at approximately $2,576,163.60. The trade was a 1.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.20% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Weiss Ratings raised shares of Edison International from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 15th. UBS Group downgraded shares of Edison International from a “buy” rating to a “neutral” rating and boosted their price objective for the company from $70.00 to $78.00 in a research report on Friday, February 13th. Mizuho set a $79.00 price objective on shares of Edison International in a research report on Thursday, February 19th. Seaport Research Partners downgraded shares of Edison International from a “buy” rating to a “neutral” rating in a research report on Monday, April 20th. Finally, Barclays reduced 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 report on Wednesday, April 29th. Four equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $72.64.

Edison International Stock Up 1.2%

Shares of Edison International stock opened at $72.37 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.68 and a debt-to-equity ratio of 1.98. The company’s fifty day simple moving average is $70.99 and its two-hundred day simple moving average is $66.92. The company has a market cap of $27.85 billion, a P/E ratio of 7.86, a PEG ratio of 1.24 and a beta of 0.67. Edison International has a 12-month low of $47.73 and a 12-month high of $76.21.

Edison International (NYSE:EIX) last issued its quarterly earnings data on Tuesday, April 28th. The utilities provider reported $1.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.10. Edison International had a net margin of 19.27% and a return on equity of 14.56%. The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.15 billion. During the same period in the previous year, the firm earned $1.37 EPS. The company’s quarterly revenue was up 7.7% compared to the same quarter last year. Edison International has set its FY 2026 guidance at 5.900-6.200 EPS. Research analysts anticipate that Edison International will post 6.12 EPS for the current year.

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.