Edison International Stake Soars 541.9% as Allspring Acquires 93,480 Shares
Allspring Global Investments Holdings LLC lifted its stake in Edison International by 541.9% during the third quarter to 110,731 shares, adding 93,480 shares valued at $6.23 million, according to its latest SEC 13F filing. Institutional ownership stands at 88.95% of Edison International’s outstanding stock.
1. Institutional Stake Expansion by Allspring Global
Allspring Global Investments Holdings LLC increased its holdings in Edison International by 541.9% during the third quarter, as disclosed in its latest 13F filing with the SEC. The fund added 93,480 shares to bring its total position to 110,731 shares, representing a commitment valued at approximately $6.23 million at quarter end. This dramatic accumulation highlights growing confidence from one of the larger institutional investors. Other notable owners also adjusted their positions: Kentucky Trust Co boosted its stake by 66.7% to 500 shares, Laurel Wealth Advisors surged its holding more than fifty-fold to 723 shares, and several regional banks—including American National Bank & Trust, CoreFirst Bank & Trust and Hilltop National—initiated new positions. Collectively, hedge funds and institutional investors now control nearly 89% of the company’s shares outstanding.
2. Q3 Earnings Outperformance and 2025 Guidance
In its latest quarterly report, Edison International delivered adjusted earnings per share of $2.34, exceeding consensus estimates by $0.18. Revenues rose 10.6% year-over-year to $5.75 billion, topping analyst forecasts by $440 million. The company achieved a net margin of 17.24% and returned 13.62% on equity, driven by improved operational efficiency and favorable regulatory outcomes in California. Management set full-year 2025 EPS guidance in the range of $5.95 to $6.20, compared with a mean sell-side projection of $4.95 for the current fiscal year. This upward adjustment reflects planned rate cases, continued grid-modernization investments and anticipated stability in fuel procurement costs.
3. Dividend Hike Reinforces Income Profile
Edison International announced a quarterly dividend of $0.8775 per share, up from $0.83, to be paid to shareholders of record on January 7th with a payment date of January 31st. The new dividend equates to an annualized payout of $3.51 per share and implies a yield of approximately 5.8% on the current share base. The dividend payout ratio stands at 43.3%, underscoring the company’s commitment to returning cash to investors while retaining sufficient capital for infrastructure upgrades and regulatory compliance projects.
4. Diverse Analyst Opinions and Insider Activity
The megawatt‐hour specialist has drawn mixed reactions from Wall Street: six firms maintain a Buy recommendation, nine rate the stock as Hold and one suggests a Sell stance, resulting in a consensus target slightly above the current trading level. Recent analyst updates include a cut in target by Barclays from $69 to $68, while JPMorgan trimmed its projection from $67 to $65. Director Peter J. Taylor reduced his personal holding by 1,800 shares at an average sale price of $55.27, decreasing insider ownership by 4.86%. Overall, insider ownership remains modest at 1.2%, indicating limited executive share sales beyond this single transaction.