Edison International
About: Edison International is the parent company of Southern California Edison, an electric utility that distributes electricity to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In 2014, Edison International sold its wholesale power generation subsidiary Edison Mission Energy out of bankruptcy to NRG Energy.
Employees: 14,375
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
120% more first-time investments, than exits
New positions opened: 134 | Existing positions closed: 61
18% more repeat investments, than reductions
Existing positions increased: 313 | Existing positions reduced: 265
18% more capital invested
Capital invested by funds: $25.3B [Q2] → $29.8B (+$4.44B) [Q3]
8% more funds holding
Funds holding: 791 [Q2] → 852 (+61) [Q3]
3.07% less ownership
Funds ownership: 91.7% [Q2] → 88.63% (-3.07%) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
28% less call options, than puts
Call options by funds: $77.1M | Put options by funds: $107M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
UBS Daniel Ford 75% 1-year accuracy 3 / 4 met price target | 10%upside $69 | Neutral Maintained | 16 Jan 2025 |
Ladenburg Thalmann Paul Fremont 53% 1-year accuracy 9 / 17 met price target | 10%downside $57 | Neutral Upgraded | 15 Jan 2025 |
Barclays Nicholas Campanella 66% 1-year accuracy 49 / 74 met price target | 21%upside $76 | Overweight Maintained | 13 Jan 2025 |
Morgan Stanley David Arcaro 74% 1-year accuracy 28 / 38 met price target | 15%upside $72 | Underweight Maintained | 22 Nov 2024 |
Jefferies Julien Dumoulin-Smith 52% 1-year accuracy 37 / 71 met price target | 48%upside $93 | Buy Initiated | 7 Nov 2024 |
Financial journalist opinion
Based on 57 articles about EIX published over the past 30 days