Franklin Resources Boosts Stake in Edison International

Investment firm increases ownership in California utility company

Mar. 13, 2026 at 8:20am

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Franklin Resources Inc. has increased its stake in Edison International, the parent company of Southern California Edison, by 1.6% in the third quarter. The investment firm now owns approximately 4.2 million shares, or 1.09% of the utility provider's stock, worth around $231 million.

Why it matters

This move by a major institutional investor signals confidence in Edison International's long-term prospects as it continues to invest in grid modernization and renewable energy infrastructure to serve its large customer base across central, coastal and southern California.

The details

According to a recent SEC filing, Franklin Resources acquired an additional 67,722 shares of Edison International during the third quarter, bringing its total ownership to 4,186,467 shares. This represents a 1.6% increase in the firm's stake in the utility company. Edison International is one of the largest electric utilities in California, serving over 15 million customers.

  • Franklin Resources filed its latest 13F report with the SEC on March 13, 2026, disclosing the increased stake in Edison International.

The players

Franklin Resources Inc.

A global investment management organization that provides a range of investment management and related services to individual and institutional investors.

Edison International

The parent company of Southern California Edison, one of the largest electric utilities in California serving over 15 million customers.

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The takeaway

This investment by a major asset manager underscores the long-term value that Franklin Resources sees in Edison International as the utility continues to modernize its grid and expand renewable energy sources to meet California's ambitious climate goals.