BlackRock Amends Edison Intl. Stake, Maintains Passive Position
Ticker: EIX · Form: SC 13G/A · Filed: 2024-01-24T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns a chunk of Edison International, business as usual.**
AI Summary
BlackRock Inc. filed an amendment (SC 13G/A) on January 24, 2024, disclosing its ownership of Edison International (EIX) common stock as of December 31, 2023. This filing, Amendment No. 16, indicates BlackRock's continued significant, but passive, investment in Edison International. This matters to investors because BlackRock is a major institutional holder, and their continued presence suggests confidence in the company, though any future changes in their stake could influence stock perception.
Why It Matters
This filing confirms BlackRock, a major institutional investor, continues to hold a significant stake in Edison International, signaling ongoing confidence in the utility company.
Risk Assessment
Risk Level: low — This is a routine amendment from a passive institutional investor and does not indicate any immediate risk or significant change in company fundamentals.
Analyst Insight
Investors should note BlackRock's continued passive ownership as a sign of institutional confidence, but this filing alone doesn't warrant immediate action. It's a routine update.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Edison International (company) — the subject company whose common stock is being reported
- December 31, 2023 (date) — the date of the event requiring this filing
- January 24, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- BlackRock will maintain a significant, passive stake in Edison International for the foreseeable future. (BlackRock Inc.) — medium confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, specifically Amendment No. 16, as stated in the filing.
Who is the filer of this SC 13G/A?
The filer of this SC 13G/A is BlackRock Inc., as indicated in the 'FILED BY' section of the filing.
What is the subject company of this filing?
The subject company is EDISON INTERNATIONAL, as stated under 'SUBJECT COMPANY' and 'Name of Issuer' in the filing.
What is the CUSIP number for the securities reported?
The CUSIP number for the Common Stock of Edison International is 281020107, as listed in the filing.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified in the filing.
From the Filing
EDGAR Filing Documents for 0001086364-24-002262 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-002262 Filing Date 2024-01-24 Accepted 2024-01-24 14:27:13 Documents 1 Document Format Files Seq Description Document Type Size 1 us2810201077_012424.txt SC 13G/A 12023 Complete submission text file 0001086364-24-002262.txt 13944 Mailing Address 2244 WALNUT GROVE AVE, P O BOX 800 ROSEMEAD CA 91770 Business Address 2244 WALNUT GROVE AVE, P O BOX 800 ROSEMEAD CA 91770 (626) 302-2222 EDISON INTERNATIONAL (Subject) CIK : 0000827052 (see all company filings) EIN. : 954137452 | State of Incorp.: CA | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-41447 | Film No.: 24555806 SIC : 4911 Electric Services (CF Office: 01 Energy & Transportation) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)