Caerus Investment Advisors LLC Acquires 12,441 Shares of Edison International $EIX

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

Other hedge funds have also recently modified their holdings of the company. Ransom Advisory Ltd boosted its holdings in shares of Edison International by 74.9% during the 4th quarter. Ransom Advisory Ltd now owns 605 shares of the utilities provider’s stock valued at $36,000 after buying an additional 259 shares in the last quarter. Ameriflex Group Inc. boosted its stake in Edison International by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 742 shares of the utilities provider’s stock worth $41,000 after purchasing an additional 371 shares in the last quarter. Quest 10 Wealth Builders Inc. boosted its stake in Edison International by 866.7% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 783 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 702 shares in the last quarter. Zions Bancorporation National Association UT boosted its stake in Edison International by 1,000.0% in the 4th quarter. Zions Bancorporation National Association UT now owns 935 shares of the utilities provider’s stock worth $56,000 after purchasing an additional 850 shares in the last quarter. Finally, MUFG Securities EMEA plc bought a new position in Edison International in the 2nd quarter worth about $59,000. Institutional investors own 88.95% of the company’s stock.

Edison International Stock Performance

Shares of Edison International stock opened at $72.37 on Friday. The company has a debt-to-equity ratio of 1.98, a current ratio of 0.74 and a quick ratio of 0.68. The stock has a market cap of $27.85 billion, a price-to-earnings ratio of 7.86, a PEG ratio of 1.24 and a beta of 0.67. The firm’s 50-day moving average is $70.99 and its 200 day moving average is $66.92. Edison International has a 1 year low of $47.73 and a 1 year high of $76.21.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on EIX shares. TD Cowen upped their price target on shares of Edison International from $71.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Wells Fargo & Company reiterated an “underweight” rating and issued a $62.00 price target on shares of Edison International in a research note on Tuesday, April 21st. JPMorgan Chase & Co. upped their price target on shares of Edison International from $75.00 to $76.00 and gave the stock a “neutral” rating in a research note on Friday, May 15th. Seaport Research Partners cut shares of Edison International from a “buy” rating to a “neutral” rating in a research note on Monday, April 20th. Finally, Bank of America dropped their price target on shares of Edison International from $80.00 to $78.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, Edison International presently has an average rating of “Hold” and a consensus target price of $72.64.

Insider Transactions at Edison International

In other Edison International news, Director Peter J. Taylor sold 500 shares of the company’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $75.30, for a total transaction of $37,650.00. Following the transaction, the director owned 34,212 shares in the company, valued at approximately $2,576,163.60. This represents a 1.44% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.20% of the company’s stock.

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.