Stock Traders Purchase High Volume of Call Options on Pacific Gas & Electric (NYSE:PCG)

Pacific Gas & Electric Co. (NYSE:PCG) was the recipient of some unusual options trading on Thursday. Stock traders purchased 53,587 call options on the stock. This represents an increase of approximately 69% compared to the typical daily volume of 31,786 call options.

Insider Transactions at Pacific Gas & Electric

In other news, EVP Jason M. Glickman sold 47,264 shares of the firm’s stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $16.35, for a total value of $772,766.40. Following the completion of the sale, the executive vice president directly owned 136,433 shares of the company’s stock, valued at $2,230,679.55. This trade represents a 25.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.22% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Tobam acquired a new stake in shares of Pacific Gas & Electric in the fourth quarter valued at approximately $30,000. Torren Management LLC acquired a new stake in Pacific Gas & Electric during the fourth quarter worth approximately $33,000. Modus Advisors LLC bought a new position in Pacific Gas & Electric during the 4th quarter worth $36,000. CoreCap Advisors LLC increased its stake in Pacific Gas & Electric by 13.1% during the 2nd quarter. CoreCap Advisors LLC now owns 5,843 shares of the utilities provider’s stock worth $98,000 after acquiring an additional 677 shares during the period. Finally, Brown Brothers Harriman & Co. increased its stake in Pacific Gas & Electric by 908.8% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 6,618 shares of the utilities provider’s stock worth $100,000 after acquiring an additional 5,962 shares during the period. Institutional investors and hedge funds own 78.56% of the company’s stock.

Pacific Gas & Electric Price Performance

Pacific Gas & Electric stock opened at $17.88 on Friday. The company has a market capitalization of $47.90 billion, a price-to-earnings ratio of 12.95, a PEG ratio of 1.14 and a beta of 0.27. The company has a current ratio of 1.20, a quick ratio of 1.13 and a debt-to-equity ratio of 1.88. Pacific Gas & Electric has a 12 month low of $13.31 and a 12 month high of $19.16. The stock’s 50 day moving average is $16.88 and its 200-day moving average is $16.98.

Pacific Gas & Electric (NYSE:PCG) last released its quarterly earnings results on Thursday, July 23rd. The utilities provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.04. The business had revenue of $5.90 billion during the quarter, compared to analysts’ expectations of $6.20 billion. Pacific Gas & Electric had a return on equity of 12.61% and a net margin of 12.25%.The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period last year, the firm posted $0.31 EPS. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Equities research analysts expect that Pacific Gas & Electric will post 1.65 EPS for the current year.

Pacific Gas & Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.05 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.20 annualized dividend and a yield of 1.1%. Pacific Gas & Electric’s dividend payout ratio (DPR) is presently 15.50%.

Trending Headlines about Pacific Gas & Electric

Here are the key news stories impacting Pacific Gas & Electric this week:

• Positive Sentiment: PCG beat Q2 earnings estimates, reporting $0.40 per share versus expectations of $0.36-$0.37, helped by lower operating costs and higher customer rates. Utility PG&E beats quarterly profit estimates on higher rates
• Positive Sentiment: Management said data-center electricity demand is rising, with PG&E’s data-center project pipeline more than doubling in Q2, signaling a potential growth driver for future revenue. PG&E’s data center project pipeline more than doubled in Q2
• Positive Sentiment: The company reaffirmed FY2026 EPS guidance of $1.64 to $1.66, which is broadly in line with analyst expectations and supports the view that results remain on track. PG&E Corporation Reports Second Quarter 2026 Results; On Track to Deliver Solid 2026
• Neutral Sentiment: Wells Fargo reiterated its Buy rating on PCG, adding a supportive analyst signal but not changing the core earnings story. Wells Fargo Sticks to Its Buy Rating for PG&E (PCG)
• Neutral Sentiment: Some commentary flagged PG&E’s single-segment reporting and accounting presentation as potentially obscuring risk, which may raise questions for investors but is not an immediate earnings issue. Analyst Warns PG&E’s Single-Segment Reporting Under ASC 280 Masks Key Risks and Distorts Profitability Insights
• Negative Sentiment: Revenue missed estimates at $5.90 billion versus about $6.20 billion expected, and wildfire-safety spending remains a drag on margins and cash flow. PG&E Q2 Earnings Surpass Estimates, Revenues Increase Y/Y

Analyst Upgrades and Downgrades

PCG has been the topic of a number of recent analyst reports. Truist Financial decreased their target price on Pacific Gas & Electric from $23.00 to $22.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Wall Street Zen cut shares of Pacific Gas & Electric from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings downgraded shares of Pacific Gas & Electric from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Wells Fargo & Company reissued an “overweight” rating and issued a $25.00 price objective on shares of Pacific Gas & Electric in a research report on Tuesday, April 21st. Finally, BMO Capital Markets cut their target price on shares of Pacific Gas & Electric from $28.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday. Seven analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $22.30.

About Pacific Gas & Electric

Pacific Gas & Electric (NYSE: PCG) is an investor-owned utility holding company whose principal operating subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas service in northern and central California. The company’s core activities include the generation, procurement, transmission and distribution of electric power, as well as the transmission and distribution of natural gas. PG&E serves a broad mix of residential, commercial, and industrial customers across urban and rural communities within its California service territory.

PG&E’s operations encompass utility infrastructure planning and construction, grid operations, customer service and energy procurement.