CreativeOne Wealth's Strategic Move: A Deeper Look into Edison International Acquisition"

CreativeOne Wealth's New Investment

CreativeOne Wealth LLC has acquired a new position in Edison International, purchasing 3,246 shares valued at approximately $230,000. This move signifies a strategic investment by CreativeOne Wealth in the utilities provider, reflecting confidence in Edison International's market performance.

Capital Research Global Investors' Major Increase

Capital Research Global Investors' Major Increase

In the last quarter, Capital Research Global Investors increased their holdings of Edison International by 23%. As a result, they now hold close to 20 million shares, with an extra 3,734,550821eloading rationale that indicates considerable faith in the business’s future growth.

Pzena Investment Management's Unchanging Growth

Pzena Investment Management has also taken a bigger stake in Edison International. They bought another 305,459 shares in the first quarter, so that now they have more than 13.6 million shares with them.This consistent growth highlights Pzena's trust in Edison International's stability.

Insider Trading Activities

Key insiders at Edison International have been active in trading shares. CEO J Andrew Murphy sold 58,099 shares, and SVP Caroline Choi sold 10,004 shares, indicating internal movements within the company. Such activities often provide insights into the company's internal expectations.

Analyst Ratings and Stock Performance

Analyst Ratings and Stock Performance

Edison International has received mixed ratings from analysts. While some, like Argus, upgraded their target price, others like UBS Group downgraded their ratings. The stock’s recent performance and these evaluations play a crucial role in investor decisions.

Dividend Announcements

Edison International has declared a quarterly dividend of $0.78 per share that comes with a yield of 3.97%. Regular dividends play a vital role in making sure that investors continue to get steady returns and this shows the commitment by Edison International to share its profits among people who own its shares.

Overview of Edison International

As a major electric power generator and distributor in Southern California, Edison International has a powerful position. The company serves a wide range of customers in different sectors and continues to be important to the energy supply of the region, continuously modifying itself to fit the changing market demands and innovativeness.