11,812 Edison International $EIX Shares Bought by Oppenheimer & Co. Inc.

02 Nov 2026, 12:09 by Kim Johansen · The Markets Daily

Oppenheimer & Co. Inc. boosted its stake in shares of Edison International (NYSE:EIX – Free Report) by 100.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,574 shares of the utilities provider’s stock after acquiring an additional 11,812 shares during the period. Oppenheimer & Co. Inc.’s holdings in Edison International were worth $1,267,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of Edison International during the second quarter worth $3,340,412,000. Legal & General Group Plc acquired a new position in shares of Edison International during the 2nd quarter valued at $329,766,000. Bank of New York Mellon Corp acquired a new stake in Edison International in the second quarter valued at approximately $309,361,000. Amundi boosted its stake in Edison International by 27.0% during the 2nd quarter. Amundi now owns 3,570,726 shares of the utilities provider’s stock valued at $265,843,000 after purchasing an additional 759,236 shares during the last quarter. Finally, Hsbc Holdings PLC purchased a new stake in shares of Edison International in the second quarter valued at about $261,275,000. Institutional investors and hedge funds own 88.95% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on EIX shares. Barclays raised their price objective on shares of Edison International from $53.00 to $58.00 and gave the stock an “equal weight” rating in a report on Friday. Weiss Ratings downgraded Edison International from a “buy (b-)” rating to a “hold (c)” rating in a research report on Thursday, September 10th. Argus cut Edison International from a “buy” rating to a “hold” rating in a report on Wednesday, August 26th. The Goldman Sachs Group set a $67.00 target price on Edison International in a report on Thursday, October 15th. Finally, Morgan Stanley upped their price objective on shares of Edison International from $60.00 to $62.00 and gave the stock an “underweight” rating in a report on Wednesday, October 21st. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $60.73.

Check Out Our Latest Analysis on EIX

Edison International News Summary

Here are the key news stories impacting Edison International this week:

Positive Sentiment: Edison reported third-quarter adjusted EPS of $1.92, exceeding consensus estimates of $1.81-$1.83. Management also reaffirmed its 2026 core EPS guidance of $5.90-$6.20 and outlined a $38 billion-$41 billion capital-investment plan. Edison International Q3 Earnings Outpace Estimates, Revenues Miss
Positive Sentiment: The company maintained its earnings outlook despite regulatory challenges, providing some support for the stock’s longer-term investment case. Edison Reaffirms 2026 Core EPS Guidance
Neutral Sentiment: Barclays raised its price target from $53 to $58 while retaining an “equal weight” rating, suggesting limited expected upside at recent trading levels. Barclays Edison International Ratings
Neutral Sentiment: Edison was highlighted among high-yield utility stocks, which may attract income-focused investors, although the article does not introduce a material change to the company’s outlook. High-Yield Utilities Article
Negative Sentiment: Third-quarter revenue fell 15% year over year to $4.89 billion, missing estimates of $5.34 billion, while EPS declined from $2.34 a year earlier. The revenue miss and weaker earnings growth temper the impact of the EPS beat. Q3 Earnings and Revenue Results
Negative Sentiment: Management stressed the need for urgent California wildfire-liability reform, warning that rising financing costs could restrict grid investment. Delays in reform and potential wildfire claims remain major risks. EIX Earnings Call Highlights Wildfire Reform
Negative Sentiment: Wells Fargo lowered its price target from $62 to $59 and maintained an “underweight” rating, reinforcing investor concerns about limited upside and regulatory exposure. Wells Fargo Edison International Ratings

Insider Buying and Selling

In related news, Director Peter Taylor sold 500 shares of Edison International stock in a transaction dated Monday, October 12th. The stock was sold at an average price of $55.56, for a total value of $27,780.00. Following the completion of the sale, the director directly owned 33,212 shares in the company, valued at $1,845,258.72. The trade was a 1.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is owned by insiders.

Edison International Price Performance

Shares of Edison International stock opened at $58.92 on Monday. Edison International has a 52 week low of $51.10 and a 52 week high of $81.62. The company has a quick ratio of 0.71, a current ratio of 0.77 and a debt-to-equity ratio of 2.01. The company has a market capitalization of $22.67 billion, a price-to-earnings ratio of 6.26, a PEG ratio of 2.49 and a beta of 0.56. The stock’s 50-day simple moving average is $57.77 and its 200-day simple moving average is $67.72.

Edison International (NYSE:EIX – Get Free Report) last posted its earnings results on Thursday, October 29th. The utilities provider reported $1.92 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.11. Edison International had a return on equity of 14.17% and a net margin of 20.50%. The company had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $5.34 billion. During the same period in the previous year, the business earned $2.34 earnings per share. The firm’s revenue for the quarter was down 15.0% on a year-over-year basis. As a group, analysts expect that Edison International will post 6.13 earnings per share for the current fiscal year.

Edison International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, October 31st. Shareholders of record on Wednesday, October 7th were given a $0.8775 dividend. This represents a $3.51 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Wednesday, October 7th. Edison International’s payout ratio is 37.30%.

Edison International Company Profile

(Free Report)

Edison International (NYSE: EIX) is an electric power holding company based in California. Its principal subsidiary, Southern California Edison (SCE), is one of the largest electric utilities in the United States and delivers electricity across central, coastal and Southern California. SCE serves millions of residential, commercial and industrial customers through an extensive transmission and distribution network.

Edison International’s operations are focused on the generation, transmission and distribution of electricity, as well as supporting the transition to cleaner energy.