Fintel reports that on January 15, 2025, Ladenburg Thalmann upgraded their outlook for Edison International (NYSE:EIX) from Sell to Neutral.
Analyst Price Forecast Suggests 58.29% Upside
As of December 22, 2024, the average one-year price target for Edison International is $92.49/share. The forecasts range from a low of $71.71 to a high of $105.00. The average price target represents an increase of 58.29% from its latest reported closing price of $58.43 / share.
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The projected annual revenue for Edison International is 17,234MM, a decrease of 0.50%. The projected annual non-GAAP EPS is 5.48.
What is the Fund Sentiment?
There are 1,666 funds or institutions reporting positions in Edison International. This is an increase of 51 owner(s) or 3.16% in the last quarter. Average portfolio weight of all funds dedicated to EIX is 0.30%, an increase of 2.63%. Total shares owned by institutions increased in the last three months by 0.62% to 413,708K shares. 
The put/call ratio of EIX is 0.92, indicating a bullish outlook.
What are Other Shareholders Doing?
Capital Research Global Investors holds 18,997K shares representing 4.91% ownership of the company. In its prior filing, the firm reported owning 19,366K shares , representing a decrease of 1.94%. The firm increased its portfolio allocation in EIX by 12.69% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 12,160K shares representing 3.14% ownership of the company. In its prior filing, the firm reported owning 12,092K shares , representing an increase of 0.56%. The firm increased its portfolio allocation in EIX by 14.55% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 10,114K shares representing 2.61% ownership of the company. In its prior filing, the firm reported owning 9,876K shares , representing an increase of 2.35%. The firm increased its portfolio allocation in EIX by 14.30% over the last quarter.
Geode Capital Management holds 9,621K shares representing 2.48% ownership of the company. In its prior filing, the firm reported owning 9,410K shares , representing an increase of 2.19%. The firm decreased its portfolio allocation in EIX by 40.12% over the last quarter.
Pzena Investment Management holds 9,263K shares representing 2.39% ownership of the company. In its prior filing, the firm reported owning 12,875K shares , representing a decrease of 39.00%. The firm decreased its portfolio allocation in EIX by 21.02% over the last quarter.
Edison International Background Information
(This description is provided by the company.)
Edison International is one of the nation’s largest electric utility holding companies, providing clean and reliable energy and energy services through its independent companies. Headquartered in Rosemead, California, Edison International is the parent company of Southern California Edison Company, a utility that delivers electricity to 15 million people across Southern, Central and Coastal California. Edison International is also the parent company of Edison Energy, a global energy advisory company delivering comprehensive, data-driven energy solutions to commercial and industrial users to meet their cost, sustainability and risk goals.
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