State Street Amends Edison Intl. Stake, Signals Portfolio Update
Ticker: EIX · Form: SC 13G/A · Filed: Jan 30, 2024 · CIK: 827052
| Field | Detail |
|---|---|
| Company | Edison International (EIX) |
| Form Type | SC 13G/A |
| Filed Date | Jan 30, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, utility, passive-investing
TL;DR
**State Street just updated its Edison International holdings, watch for details on their stake size.**
AI Summary
State Street Corporation, a major financial institution, filed an amended SC 13G/A on January 30, 2024, indicating its ownership of Edison International's common stock as of December 31, 2023. This filing is an amendment, meaning State Street previously reported its stake and is now updating that information. This matters to investors because State Street is a significant institutional holder, and changes in its reported ownership can signal shifts in institutional confidence or investment strategy regarding Edison International.
Why It Matters
Large institutional ownership changes can influence stock price and investor sentiment, as they often reflect a major player's updated view on the company's prospects.
Risk Assessment
Risk Level: low — This filing is a routine update from a large institutional investor and does not inherently signal significant risk.
Analyst Insight
Investors should look for the full details of the amended filing to understand the specific changes in State Street's ownership percentage and share count, as this could indicate a shift in their conviction about Edison International.
Key Players & Entities
- State Street Corporation (company) — the reporting person and institutional investor
- Edison International (company) — the subject company whose common stock is being reported
- 0000093751-24-000441 (dollar_amount) — accession number for the filing
- 20240130 (date) — filing date
- 12/31/2023 (date) — date of event requiring the filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, indicating a change in previously reported beneficial ownership by a passive institutional investor.
Who is the reporting person in this filing?
The reporting person is State Street Corporation, identified by IRS Identification No. 04-24566 and CIK 0000093751.
Which company's securities are the subject of this filing?
The subject company is Edison International, whose common stock (CUSIP 281020107) is being reported on.
What was the date of the event that triggered this filing?
The date of the event which required the filing of this statement was December 31, 2023.
Under which rule was this Schedule 13G filed?
This Schedule 13G/A was filed under Rule 13D-1(B), as indicated by the 'X' in the appropriate box.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 30, 2024 regarding EDISON INTERNATIONAL (EIX).