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Sign InEdison International (EIX) shares surged to a new 52-week high of $76.21 following a robust quarterly performance. The utility giant significantly exceeded analyst earnings expectations, sparking renewed investor confidence in its growth trajectory. Beyond the immediate results, the company provided optimistic financial guidance for the 2026 and 2027 fiscal years. Investors are also drawn to the stock's attractive 4.6% dividend yield, which remains a key highlight for income-focused portfolios. Institutional ownership stands at approximately 89%, reflecting strong professional backing for the company's long-term strategy. Despite the rally, some analysts maintain a conservative Hold rating as the price has surpassed previous average targets.