Dana Investment Advisors Inc. Buys 14,180 Shares of Portland General Electric Company $POR

Dana Investment Advisors Inc. raised its stake in shares of Portland General Electric Company (NYSE:POR) by 12.5% in the third quarter, Holdings Channel reports. The institutional investor owned 127,964 shares of the utilities provider’s stock after buying an additional 14,180 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Portland General Electric were worth $5,630,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of POR. Campbell & CO Investment Adviser LLC increased its holdings in Portland General Electric by 38.8% during the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 44,777 shares of the utilities provider’s stock worth $1,819,000 after acquiring an additional 12,518 shares during the period. Channing Capital Management LLC boosted its holdings in Portland General Electric by 39.1% in the 3rd quarter. Channing Capital Management LLC now owns 1,509,269 shares of the utilities provider’s stock valued at $66,408,000 after purchasing an additional 424,622 shares during the period. SG Americas Securities LLC grew its position in shares of Portland General Electric by 143.8% during the 3rd quarter. SG Americas Securities LLC now owns 88,381 shares of the utilities provider’s stock valued at $3,889,000 after purchasing an additional 52,127 shares in the last quarter. ATLAS Infrastructure Partners UK Ltd. increased its holdings in shares of Portland General Electric by 24.1% in the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock worth $221,810,000 after purchasing an additional 1,058,623 shares during the period. Finally, Covalis Capital LLP purchased a new stake in shares of Portland General Electric in the second quarter worth $17,917,000.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on POR shares. UBS Group lifted their price objective on Portland General Electric from $53.00 to $55.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. BTIG Research reiterated a “buy” rating and set a $58.00 price target on shares of Portland General Electric in a research report on Friday, January 30th. Mizuho set a $47.00 price objective on Portland General Electric in a report on Monday, November 3rd. Wells Fargo & Company raised their target price on shares of Portland General Electric from $45.00 to $49.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings cut shares of Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 17th. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $50.17.

Portland General Electric Stock Performance

Shares of NYSE POR opened at $53.43 on Wednesday. The stock’s 50-day moving average is $49.91 and its 200 day moving average is $46.95. The stock has a market cap of $6.17 billion, a price-to-earnings ratio of 19.29, a P/E/G ratio of 3.04 and a beta of 0.67. Portland General Electric Company has a 1-year low of $39.54 and a 1-year high of $54.39. The company has a current ratio of 1.08, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19.

Portland General Electric (NYSE:POR) last issued its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.12). The business had revenue of $889.00 million for the quarter, compared to the consensus estimate of $892.31 million. Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. During the same quarter in the previous year, the business earned $0.36 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, sell-side analysts anticipate that Portland General Electric Company will post 3.21 EPS for the current fiscal year.

Portland General Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 23rd will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date is Monday, March 23rd. Portland General Electric’s dividend payout ratio (DPR) is presently 75.81%.

Portland General Electric Company Profile

Portland General Electric (NYSE:POR) is an investor-owned electric utility headquartered in Tigard, Oregon, with roots tracing back to the late 19th century. The company generates, transmits and distributes electricity to residential, commercial and industrial customers across a broad territory in Oregon, primarily encompassing the Portland metropolitan area and surrounding regions.

As one of Oregon’s largest electric utilities, Portland General Electric operates a diverse portfolio of generation assets, including hydroelectric facilities, natural gas–fired plants and renewable energy sources.