SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Update Beneficial Ownership in Edison International to 3.8%

FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 3.8% beneficial ownership stake in Edison International as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson filed an Amendment No. 1 to Schedule 13G concerning their beneficial ownership of Common Stock in Edison International (CUSIP: 281020107).
• As of March 31, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 14,641,522.75 shares of Edison International Common Stock.
• This ownership represents 3.8% of the total outstanding class of securities.
• FMR LLC holds sole voting power over 8,998,898.33 shares and sole dispositive power over 14,641,522.75 shares.
• Abigail P. Johnson holds sole dispositive power over 14,641,522.75 shares, but no sole or shared voting power.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.
• FMR LLC is classified as a parent holding company or control person, and Abigail P. Johnson is an individual.
• Subsidiaries of FMR LLC identified as beneficially owning shares include FIAM LLC (Investment Adviser), Fidelity Institutional Asset Management Trust Company (Bank), Fidelity Management & Research Company LLC (Investment Adviser), and Strategic Advisers LLC (Investment Adviser).

Sentiment

Score: 5

Explanation: The document is a neutral, factual report on beneficial ownership, providing no positive or negative operational or financial news for the issuer.

Positives

• The filing confirms a continued passive investment by a major institutional investor (FMR LLC) and its principal, Abigail P. Johnson, in Edison International.
• The certification that the investment is for ordinary course of business and not for control purposes generally signals stability and a non-activist stance from a significant shareholder.

Future Outlook

The document is a routine ownership filing and does not contain any forward-looking statements or guidance regarding Edison International's future performance or strategic outlook.

Management Comments

• The document does not contain direct quotes or paraphrased statements from Edison International's management. It includes certifications from FMR LLC's authorized signatory, Stephanie J. Brown, stating the securities were acquired and held in the ordinary course of business and not for control purposes.

Industry Context

This filing is a standard disclosure of institutional ownership, common in the financial industry. It reflects a passive investment by a large asset manager (FMR LLC) in a utility company, Edison International. Such filings provide transparency on significant shareholder positions but do not typically offer insights into broader industry trends or competitive dynamics beyond the fact of the investment itself.

Comparison to Industry Standards

• This Schedule 13G filing is a standard regulatory disclosure for beneficial ownership below 5% by qualified institutional investors or passive investors.
• It aligns with typical reporting requirements for such stakes, providing transparency on ownership percentages and powers.
• No specific comparable companies, projects, or results are mentioned as the document focuses solely on ownership details, not operational or financial performance benchmarks.

Stakeholder Impact

• Shareholders: Provides transparency on a significant institutional ownership stake, confirming a passive investment intent.

Next Steps

• The document does not specify any future actions, events, or milestones for Edison International or the reporting persons beyond the ongoing regulatory requirement to update beneficial ownership if material changes occur.

Key Dates

Keywords

Edison International, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Ownership Stake