First Trust Advisors Boosts Stake in Edison International

Investment firm increases holding in California utility company by 10.4%

Published on Mar. 9, 2026

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First Trust Advisors LP, an investment management firm, has increased its stake in Edison International (NYSE: EIX), a California-based utility company, by 10.4% in the third quarter. The firm now owns approximately 2.6 million shares, or 0.68% of Edison International's stock.

Why it matters

This investment move by First Trust Advisors suggests confidence in Edison International's long-term prospects as a major electricity provider in California. The increase in stake could signal that the investment firm sees growth potential in the utility company's operations and financial performance.

The details

According to a recent SEC filing, First Trust Advisors purchased an additional 245,808 shares of Edison International during the third quarter, bringing its total holdings to 2,603,722 shares. This represents approximately 0.68% of the utility company's outstanding stock. Edison International provides electricity to millions of customers across central, coastal, and southern California through its subsidiary, Southern California Edison.

  • First Trust Advisors increased its stake in Edison International during the third quarter of the year.

The players

First Trust Advisors LP

An investment management firm that has increased its stake in Edison International.

Edison International

A California-based utility company that provides electricity to millions of customers through its subsidiary, Southern California Edison.

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The takeaway

The increase in First Trust Advisors' stake in Edison International suggests the investment firm sees long-term value in the utility company's operations and growth potential in the California market.