First National Trust Co has acquired a new stake of 18,342 shares in Edison International, valued at approximately $1.01 million. This move comes as other institutional investors have also adjusted their holdings in the utility provider. Edison International recently increased its quarterly dividend to $0.8775 per share, offering a 5.4% yield, while analysis shows a consensus “Hold” rating with a target price of $63.30 amid mixed analyst actions.
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First National Trust Co Takes $1.01 Million Position in Edison International $EIX
First National Trust Co has acquired a new stake of 18,342 shares in Edison International, valued at approximately $1.01 million. This move comes as other institutional investors have also adjusted their holdings in the utility provider. Edison International recently increased its quarterly dividend to $0.8775 per share, offering a 5.4% yield, while analysis shows a consensus “Hold” rating with a target price of $63.30 amid mixed analyst actions.