Royal London Asset Management Ltd. Increases Stake in Edison International to $8.46 Million
January 1, 2023
Trending News ☀️
Edison International Intrinsic Value – Edison International ($NYSE:EIX) is an American publicly traded utility holding company headquartered in Rosemead, California. It is the parent company of Southern California Edison, one of the state’s largest electric utilities. Recently, Royal London Asset Management Ltd. has increased its stake in Edison International to $8.46 Million. Royal London Asset Management Ltd. is a London-based asset management firm that provides services to individuals, institutions, and charities across the globe. The investment firm has a long history of investing in energy companies, and its stake in Edison International further cements its commitment to this sector.
The increased stake in Edison International has been seen as a sign of confidence in the company’s long-term prospects. The move also indicates that Royal London Asset Management Ltd. believes in the company’s potential to continue providing reliable power to its customers while also investing in green energy initiatives. The increased stake in Edison International is also a reflection of the firm’s commitment to the sustainability of the energy industry. Through its investments, the firm seeks to create solutions that drive innovation and create value for its customers.
Market Price
The news sentiment around this announcement has been mostly positive, as investors have been cheered by the news that the company’s stock is garnering more attention from a major investor. As of Monday, EDISON INTERNATIONAL opened at $65.0 and closed at $65.0, slightly down from its prior closing price of 65.1.
However, the fact that Royal London Asset Management Ltd. has increased its stake in the company is likely to have a positive effect on the company’s stock price in the near future. This could lead to further financial gains for investors, as well as furthering the company’s reach and influence in the industry. The increased investment by Royal London Asset Management Ltd. is just one more sign of the positive momentum that Edison International has been experiencing lately. With this additional financial backing, the company is well-positioned to continue to build on its successes and achieve its goals over the long-term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Edison International. More…
| Total Revenues | Net Income | Net Margin |
| 16.54k | 720 | 5.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Edison International. More…
| Operations | Investing | Financing |
| 2.61k | -5.6k | 2.6k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Edison International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 76.71k | 59.42k | 41.36 |
Key Ratios Snapshot
Some of the financial key ratios for Edison International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.1% | -23.9% | 11.5% |
| FCF Margin | ROE | ROA |
| -19.1% | 6.4% | 1.3% |
VI Analysis – Edison International Intrinsic Value Calculator
Edison International is a company whose long-term potential is reflected in its fundamentals. The VI app simplifies the analysis process and calculates the intrinsic value of Edison International’s stock at $68.3. Currently, the stock is trading at $65.0, indicating that it is undervalued by 5%. This makes it an attractive investment opportunity for investors looking for a fair price. With a strong balance sheet, good cash flows, and strong management team, Edison International is a solid choice to consider for long-term investments. The company has a consistent history of paying dividends and has a track record of returning value to shareholders. The current market conditions might be uncertain, but with a strong financial position and potential for growth, Edison International is an ideal choice for those looking for a safe and reliable investment. More…
VI Peers
Edison International is one of the largest investor-owned electric utilities in the United States and is one of the largest electric utility companies in the world. Its subsidiaries include Southern California Edison and Edison Mission Energy. It is headquartered in Rosemead, California. Its competitors include CMS Energy Corp, Genie Energy Ltd, OGE Energy Corp.
– CMS Energy Corp ($NYSE:CMS)
CMS Energy Corporation is an energy company operating primarily in the state of Michigan. The company has two main subsidiaries: Consumers Energy, an electric and gas utility company; and CMS Enterprises, an energy marketing and trading company. CMS Energy is headquartered in Jackson, Michigan.
As of 2022, CMS Energy Corporation had a market capitalization of 16.14 billion dollars and a return on equity of 12.15%. The company’s main business is providing energy through its two subsidiaries, Consumers Energy and CMS Enterprises. Consumers Energy is an electric and gas utility company, providing service to over 6 million customers in the state of Michigan. CMS Enterprises is an energy marketing and trading company, providing energy services to customers in the United States and Canada.
– Genie Energy Ltd ($NYSE:GNE)
Genie Energy Ltd. engages in the provision of electricity and natural gas, as well as oil and gas exploration and production. The company operates through the following segments: Retail Energy, Oil and Gas, and Other. The Retail Energy segment provides electricity and natural gas to residential, commercial, and industrial customers in the United States. The Oil and Gas segment focuses on the exploration and production of oil and gas. The Other segment includes corporate overhead and other investments. Genie Energy was founded on March 28, 2001 and is headquartered in Newark, NJ.
– OGE Energy Corp ($NYSE:OGE)
DOE Energy Corp is an energy company that focuses on the development and production of natural gas and oil. The company operates in two segments: Exploration and Production, and Marketing and Trading. The Exploration and Production segment engages in the exploration, development, and production of natural gas and oil properties. The Marketing and Trading segment engages in the marketing and trading of natural gas and oil.
Summary
Investing in Edison International can be a great way to diversify your portfolio and gain exposure to a wide range of industries. Edison International is a publicly traded utility holding company based in California, and is one of the largest investor-owned utilities in the United States. The company has a diversified portfolio of businesses, including electric and natural gas distribution, energy generation, renewable energy, and energy services. Edison International has been a top performer in the utility sector and has consistently delivered strong returns to its shareholders. The company has made significant investments in renewable energy sources over the past few years, and has been actively pursuing clean energy solutions. Investors can also benefit from Edison International’s commitment to customer service and their focus on sustainability.
In addition to its core businesses, Edison International also provides a variety of services and products, such as energy storage and smart grid solutions. They are also investing heavily in digital technology and automation, which is helping to improve customer service and reduce operational costs. The Royal London Asset Management Ltd. recently increased its stake in Edison International to $8.46 million, indicating a strong vote of confidence in the company’s future prospects. This is a great sign for investors looking for a reliable and dependable investment for their portfolio. The company’s commitment to clean energy and customer service, along with their focus on technology and automation, make them an attractive option for investors looking to diversify their portfolios.
Related Posts
Recent Posts
Investing Everyone Can Do.
Investing shouldn’t be exclusive to a select few. We believe everyone should have the opportunity to grow their wealth. That’s why our app is designed to be accessible and user-friendly, even for beginners.
