Edison International (EIX) – Research Analysts’ Weekly Ratings Updates

Edison International (NYSE: EIX) has recently received a number of price target changes and ratings updates:

• 1/23/2025 – Edison International had its price target lowered by analysts at Barclays PLC from $76.00 to $67.00. They now have an “overweight” rating on the stock.
• 1/23/2025 – Edison International was downgraded by analysts at Guggenheim from a “buy” rating to a “neutral” rating.
• 1/16/2025 – Edison International had its price target lowered by analysts at UBS Group AG from $87.00 to $69.00. They now have a “neutral” rating on the stock.
• 1/15/2025 – Edison International was upgraded by analysts at LADENBURG THALM/SH SH from a “sell” rating to a “neutral” rating. They now have a $56.50 price target on the stock.
• 1/13/2025 – Edison International had its price target lowered by analysts at Barclays PLC from $84.00 to $76.00. They now have an “overweight” rating on the stock.
• 1/2/2025 – Edison International was upgraded by analysts at Barclays PLC from an “equal weight” rating to an “overweight” rating. They now have a $84.00 price target on the stock, down previously from $91.00.
• 12/19/2024 – Edison International had its price target lowered by analysts at UBS Group AG from $96.00 to $87.00. They now have a “neutral” rating on the stock.

Edison International Trading Down 0.2 %

NYSE:EIX traded down $0.11 during trading hours on Tuesday, hitting $52.33. The company had a trading volume of 1,117,808 shares, compared to its average volume of 7,053,024. Edison International has a 1 year low of $51.64 and a 1 year high of $88.77. The company has a current ratio of 0.88, a quick ratio of 0.81 and a debt-to-equity ratio of 1.96. The company has a 50-day moving average of $73.45 and a 200 day moving average of $80.16. The company has a market cap of $20.26 billion, a P/E ratio of 15.35, a P/E/G ratio of 1.11 and a beta of 0.90.

Edison International Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Investors of record on Tuesday, January 7th were given a dividend of $0.8275 per share. This is a boost from Edison International’s previous quarterly dividend of $0.78. This represents a $3.31 annualized dividend and a yield of 6.32%. The ex-dividend date of this dividend was Tuesday, January 7th. Edison International’s dividend payout ratio (DPR) is presently 97.07%.

Hedge Funds Weigh In On Edison International

Institutional investors and hedge funds have recently bought and sold shares of the company. Highline Wealth Partners LLC purchased a new stake in shares of Edison International during the 3rd quarter valued at approximately $26,000. Eastern Bank acquired a new position in shares of Edison International in the 3rd quarter valued at $27,000. Crews Bank & Trust purchased a new position in shares of Edison International during the 4th quarter worth $25,000. Larson Financial Group LLC increased its position in shares of Edison International by 125.0% during the 3rd quarter. Larson Financial Group LLC now owns 351 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 195 shares during the last quarter. Finally, Prospera Private Wealth LLC purchased a new stake in Edison International in the 3rd quarter valued at about $32,000. 88.95% of the stock is currently owned by institutional investors and hedge funds.

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.