Portland General Electric Company (NYSE:POR) Given Consensus Recommendation of “Hold” by Brokerages

Portland General Electric Company (NYSE:POR) has been given an average rating of “Hold” by the twelve ratings firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, nine have given a hold rating and two have given a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $50.1667.

Several equities research analysts have recently commented on the company. UBS Group boosted their price target on Portland General Electric from $53.00 to $55.00 and gave the stock a “neutral” rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. raised their price objective on Portland General Electric from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. BTIG Research reaffirmed a “buy” rating and set a $58.00 price objective on shares of Portland General Electric in a report on Friday, January 30th. Barclays boosted their target price on Portland General Electric from $47.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 17th. Finally, LADENBURG THALM/SH SH reissued a “sell” rating and issued a $43.00 target price on shares of Portland General Electric in a report on Thursday, December 4th.

Portland General Electric Stock Performance

Shares of POR opened at $52.62 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.19. Portland General Electric has a 52-week low of $39.54 and a 52-week high of $54.39. The company has a 50-day simple moving average of $51.95 and a 200-day simple moving average of $48.67. The company has a market capitalization of $6.09 billion, a PE ratio of 18.99, a P/E/G ratio of 2.93 and a beta of 0.66.

Portland General Electric (NYSE:POR) last released its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.59 by ($0.12). Portland General Electric had a return on equity of 8.52% and a net margin of 8.56%.The company had revenue of $889.00 million for the quarter, compared to analysts’ expectations of $892.31 million. During the same period in the prior year, the firm posted $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Equities research analysts predict that Portland General Electric will post 3.21 earnings per share for the current fiscal year.

Portland General Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 23rd will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Monday, March 23rd. Portland General Electric’s dividend payout ratio is presently 75.81%.

Insiders Place Their Bets

In other Portland General Electric news, EVP Benjamin Felton sold 4,969 shares of the firm’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $53.56, for a total transaction of $266,139.64. Following the completion of the transaction, the executive vice president directly owned 41,081 shares in the company, valued at approximately $2,200,298.36. This trade represents a 10.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.52% of the company’s stock.

Institutional Trading of Portland General Electric

Large investors have recently modified their holdings of the business. Clearbridge Investments LLC raised its holdings in Portland General Electric by 1,342.7% in the 4th quarter. Clearbridge Investments LLC now owns 4,643,134 shares of the utilities provider’s stock valued at $222,824,000 after acquiring an additional 4,321,305 shares during the last quarter. Norges Bank purchased a new position in shares of Portland General Electric during the 4th quarter worth $56,497,000. ATLAS Infrastructure Partners UK Ltd. boosted its holdings in shares of Portland General Electric by 24.1% during 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 last quarter. AQR Capital Management LLC grew its position in shares of Portland General Electric by 42.2% in the fourth quarter. AQR Capital Management LLC now owns 3,551,731 shares of the utilities provider’s stock valued at $170,448,000 after purchasing an additional 1,054,450 shares during the period. Finally, UBS Group AG grew its position in shares of Portland General Electric by 514.3% in the fourth quarter. UBS Group AG now owns 883,162 shares of the utilities provider’s stock valued at $42,383,000 after purchasing an additional 739,404 shares during the period.

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.