Edison International (NYSE:EIX) Downgraded by Zacks Research to Hold

Edison International (NYSE:EIX) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports. Zacks Research also issued estimates for Edison International’s Q2 2026 earnings at $0.68 EPS, Q3 2026 earnings at $1.78 EPS, Q4 2026 earnings at $2.47 EPS, FY2026 earnings at $6.22 EPS, Q1 2027 earnings at $1.53 EPS and Q2 2027 earnings at $0.78 EPS.

A number of other equities analysts have also recently commented on the company. Weiss Ratings restated a “hold (c)” rating on shares of Edison International in a report on Monday. Wall Street Zen raised shares of Edison International from a “hold” rating to a “buy” rating in a research note on Sunday. LADENBURG THALM/SH SH lifted their price objective on shares of Edison International from $52.50 to $55.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Cowen began coverage on Edison International in a research report on Wednesday, October 15th. They set a “buy” rating on the stock. Finally, Morgan Stanley reiterated an “underweight” rating and issued a $59.00 price objective on shares of Edison International in a research note on Tuesday. Six investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Edison International currently has an average rating of “Hold” and a consensus price target of $63.70.

Edison International Trading Down 1.3%

Shares of EIX stock opened at $58.34 on Monday. Edison International has a 1-year low of $47.73 and a 1-year high of $81.20. The firm has a market cap of $22.45 billion, a PE ratio of 7.63, a price-to-earnings-growth ratio of 0.89 and a beta of 0.83. The company has a 50-day moving average of $57.13 and a two-hundred day moving average of $54.70. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.82 and a quick ratio of 0.76.

Edison International (NYSE:EIX) last issued its quarterly earnings data on Tuesday, October 28th. The utilities provider reported $2.34 EPS for the quarter, topping the consensus estimate of $2.16 by $0.18. Edison International had a net margin of 17.24% and a return on equity of 13.62%. The firm had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.31 billion. During the same period in the prior year, the business posted $1.51 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. Edison International has set its FY 2025 guidance at 5.950-6.200 EPS. On average, analysts predict that Edison International will post 4.95 EPS for the current year.

Insider Activity

In related news, Director Peter J. Taylor sold 1,800 shares of the stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $55.27, for a total transaction of $99,486.00. Following the completion of the sale, the director owned 35,212 shares in the company, valued at $1,946,167.24. This represents a 4.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.20% of the company’s stock.

Hedge Funds Weigh In On Edison International

Several institutional investors have recently bought and sold shares of EIX. Kentucky Trust Co boosted its stake in shares of Edison International by 66.7% in the second quarter. Kentucky Trust Co now owns 500 shares of the utilities provider’s stock valued at $26,000 after buying an additional 200 shares in the last quarter. Activest Wealth Management raised its position in Edison International by 677.8% during the third quarter. Activest Wealth Management now owns 560 shares of the utilities provider’s stock worth $31,000 after acquiring an additional 488 shares during the last quarter. American National Bank & Trust acquired a new position in shares of Edison International during the 2nd quarter worth approximately $32,000. CVA Family Office LLC lifted its position in shares of Edison International by 113.7% in the third quarter. CVA Family Office LLC now owns 577 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 307 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its position in shares of Edison International by 5,064.3% in the second quarter. Laurel Wealth Advisors LLC now owns 723 shares of the utilities provider’s stock valued at $37,000 after acquiring an additional 709 shares in the last quarter. 88.95% of the stock is owned by institutional investors and hedge funds.

Edison International Company Profile

Edison International, through its subsidiaries, engages in the generation and distribution of electric power. The company supplies and delivers electricity to approximately 50,000 square mile area of southern California to residential, commercial, industrial, public authorities, agricultural, and other sectors.