NewEdge Advisors LLC Has $6.89 Million Stock Holdings in Edison International $EIX

NewEdge Advisors LLC significantly increased its stake in Edison International (NYSE:EIX) by 26% in the second quarter, bringing its total holdings to $6.89 million. Despite this, analyst sentiment remains largely negative, with a consensus "Reduce" rating and a target price of $64.55. The company recently reported strong quarterly earnings of $1.54 EPS, surpassing estimates, and offers a quarterly dividend of $0.8775, yielding 6.3%.