Edison International (NYSE:EIX – Get Free Report) had its price target lowered by JPMorgan Chase & Co. from $61.00 to $59.00 in a report issued on Monday, Benzinga reports. The firm presently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 6.91% from the company’s previous close.
Other equities analysts also recently issued reports about the stock. Bank of America downgraded shares of Edison International from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $81.00 to $51.00 in a report on Tuesday, September 1st. Truist Financial lowered their target price on shares of Edison International from $63.00 to $62.00 and set a “hold” rating on the stock in a research note on Monday. Mizuho reissued a “neutral” rating and issued a $70.00 target price (down from $86.00) on shares of Edison International in a research note on Monday, August 31st. Barclays dropped their price target on shares of Edison International from $75.00 to $53.00 and set an “equal weight” rating for the company in a research report on Friday. Finally, Morgan Stanley cut their price target on shares of Edison International from $65.00 to $60.00 and set an “underweight” rating for the company in a research note on Friday, September 18th. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $60.18.
View Our Latest Research Report on Edison International
Edison International Stock Performance
Edison International (NYSE:EIX – Get Free Report) last issued its earnings results on Thursday, July 30th. The utilities provider reported $1.54 EPS for the quarter, topping the consensus estimate of $1.18 by $0.36. Edison International had a return on equity of 15.53% and a net margin of 20.30%. The firm had revenue of $4.36 billion during the quarter, compared to analysts’ expectations of $4.82 billion. During the same period last year, the business earned $0.97 earnings per share. Edison International’s quarterly 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. Sell-side analysts forecast that Edison International will post 6.13 EPS for the current year.
Insider Buying and Selling
In other news, Director Peter Taylor sold 500 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $55.56, for a total transaction of $27,780.00. Following the sale, the director owned 33,212 shares in the company, valued at approximately $1,845,258.72. This represents a 1.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.20% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the business. Avior Wealth Management LLC boosted its position in shares of Edison International by 4.7% during the 2nd quarter. Avior Wealth Management LLC now owns 2,956 shares of the utilities provider’s stock valued at $220,000 after acquiring an additional 134 shares during the last quarter. Equitable Trust Co. increased its position in shares of Edison International by 0.8% in the first quarter. Equitable Trust Co. now owns 19,616 shares of the utilities provider’s stock worth $1,435,000 after purchasing an additional 148 shares during the last quarter. Altshuler Shaham Ltd increased its position in shares of Edison International by 36.6% in the first quarter. Altshuler Shaham Ltd now owns 578 shares of the utilities provider’s stock worth $42,000 after purchasing an additional 155 shares during the last quarter. Cidel Asset Management Inc. increased its position in shares of Edison International by 3.0% in the second quarter. Cidel Asset Management Inc. now owns 6,088 shares of the utilities provider’s stock worth $453,000 after purchasing an additional 178 shares during the last quarter. Finally, Paladin Wealth LLC raised its stake in Edison International by 6.3% in the second quarter. Paladin Wealth LLC now owns 3,035 shares of the utilities provider’s stock valued at $226,000 after purchasing an additional 181 shares in the last quarter. 88.95% of the stock is owned by institutional investors.
Key Headlines Impacting Edison International
Here are the key news stories impacting Edison International this week:
- Positive Sentiment: Edison International offers a dividend yield of approximately 6.4%. Its Southern California Edison subsidiary serves about 15 million customers, while regulated operations, grid investments, wildfire prevention, and electrification projects may support relatively predictable earnings and long-term growth. Edison International Offers a 6.4% Yield, but Investors Must Weigh the Risks
- Neutral Sentiment: A director sold 500 shares for approximately $27,780 under a pre-arranged Rule 10b5-1 trading plan. Because the transaction represented only a 1.48% reduction in the director’s holdings and was scheduled in advance, it provides limited insight into management’s current outlook. SEC Insider Trading Filing
- Neutral Sentiment: Articles comparing Edison International with Crown Castle and Energy Transfer highlight its high income potential, but also reinforce that investors must balance the dividend against leverage, wildfire exposure, and other risks. Better High-Yield Dividend Stock: Edison International vs. Crown Castle Better High-Yield Dividend Stock: Edison International vs. Energy Transfer
- Negative Sentiment: Shares came under pressure after Muddy Waters alleged willful misconduct related to the Eaton Fire case, increasing concern about potential litigation, liability, and financial exposure for Edison International. Edison drops as Muddy Waters alleges willful misconduct in Eaton Fire case
- Negative Sentiment: JPMorgan lowered its price target from $61 to $59 and retained a neutral rating, signaling limited near-term upside despite the lower share price.
- Negative Sentiment: Investors purchased 12,575 put options, about 74% above typical volume, indicating elevated demand for downside protection or bearish speculation.
About Edison International
Edison International is a publicly owned holding company based in Rosemead, California. Its principal subsidiary, Southern California Edison (SCE), is an electric utility that generates, transmits, and distributes electricity across central, coastal, and Southern California.
SCE provides electric service to residential, commercial, industrial, and public-sector customers and manages a large transmission and distribution network. The utility is also involved in grid modernization, wildfire mitigation, renewable energy integration, energy efficiency, and the development of electric transportation infrastructure.
Edison International’s history is rooted in Southern California Edison, which traces its origins to the late 19th century.
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