Dean Capital Management lessened its holdings in shares of Portland General Electric Company (NYSE:POR – Free Report) by 13.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 68,296 shares of the utilities provider’s stock after selling 10,911 shares during the quarter. Portland General Electric makes up approximately 1.5% of Dean Capital Management’s portfolio, making the stock its 9th largest holding. Dean Capital Management owned 0.06% of Portland General Electric worth $3,604,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in POR. Royal Bank of Canada raised its holdings in shares of Portland General Electric by 7.4% during the 1st quarter. Royal Bank of Canada now owns 161,931 shares of the utilities provider’s stock valued at $7,222,000 after purchasing an additional 11,141 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Portland General Electric by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,949 shares of the utilities provider’s stock worth $2,763,000 after buying an additional 2,717 shares during the last quarter. Millennium Management LLC increased its position in Portland General Electric by 465.5% during the first quarter. Millennium Management LLC now owns 151,134 shares of the utilities provider’s stock worth $6,741,000 after buying an additional 124,410 shares during the last quarter. United Services Automobile Association bought a new position in Portland General Electric during the first quarter valued at about $271,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Portland General Electric by 6.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 233,640 shares of the utilities provider’s stock valued at $10,420,000 after buying an additional 13,799 shares in the last quarter.
More Portland General Electric News
Here are the key news stories impacting Portland General Electric this week:
- Positive Sentiment: KeyCorp raised its Q3 2026 earnings estimate for Portland General Electric to $1.26 per share from $1.08, suggesting stronger near-term profitability expectations. MarketBeat POR report
- Neutral Sentiment: Analysts expect Portland General Electric to report earnings on Friday, putting the company in the spotlight ahead of the quarterly update. Portland General Electric (POR) Projected to Post Earnings on Friday
- Neutral Sentiment: Hot weather has contributed to widespread power outages across the Portland metro area, highlighting near-term operational strain but also underscoring elevated electricity demand. Over 8,000 without power in Portland metro as temps near 100 degrees
- Neutral Sentiment: PGE customers experienced additional outages in Goose Hollow, SW Portland, and Tigard during the heat wave, which may increase scrutiny of grid reliability. Thousands of PGE customers lose power across Portland metro area amid hot weather
- Neutral Sentiment: Workers at PGE’s Tualatin power grid operations center may strike starting Aug. 2, creating a potential labor disruption risk if negotiations fail. Workers at PGE’s Tualatin power grid operation center may go on strike starting Aug. 2, union says
- Negative Sentiment: KeyCorp trimmed Q2 2026 EPS estimates to $0.63 from $0.69, and also nudged FY2026 and FY2029 forecasts slightly lower, reinforcing worries about earnings growth. MarketBeat POR report
- Negative Sentiment: Zacks flagged that Portland General Electric may be headed for a year-over-year earnings decline in its upcoming report, which could weigh on the shares if results disappoint. Analysts Estimate Portland General Electric (POR) to Report a Decline in Earnings: What to Look Out for
Portland General Electric Stock Performance
Portland General Electric (NYSE:POR – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The utilities provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.19). The business had revenue of $879.00 million during the quarter, compared to the consensus estimate of $953.24 million. Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. The firm’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.91 earnings per share. On average, equities analysts expect that Portland General Electric Company will post 3.39 EPS for the current year.
Portland General Electric Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, September 25th will be paid a dividend of $0.5513 per share. This represents a $2.21 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, September 25th. Portland General Electric’s dividend payout ratio is presently 98.21%.
Analysts Set New Price Targets
POR has been the topic of several analyst reports. Wells Fargo & Company set a $51.00 price target on Portland General Electric in a report on Tuesday, April 21st. JPMorgan Chase & Co. raised their target price on shares of Portland General Electric from $51.00 to $54.00 and gave the company a “neutral” rating in a research note on Monday, April 20th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Portland General Electric in a report on Friday, May 15th. BMO Capital Markets dropped their target price on shares of Portland General Electric from $55.00 to $54.00 and set a “market perform” rating on the stock in a report on Wednesday. Finally, Zacks Research lowered shares of Portland General Electric from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $50.90.
Get Our Latest Stock Report on Portland General Electric
Insider Buying and Selling at Portland General Electric
In other Portland General Electric news, VP Juan Diego Gallegos sold 2,750 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $48.67, for a total value of $133,842.50. Following the completion of the sale, the vice president directly owned 12,127 shares of the company’s stock, valued at $590,221.09. This represents a 18.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Robert N. Hoglund purchased 2,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was bought at an average price of $48.80 per share, for a total transaction of $97,600.00. Following the completion of the transaction, the director directly owned 2,519 shares in the company, valued at approximately $122,927.20. The trade was a 385.36% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 0.52% of the company’s stock.
Portland General Electric 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.
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