Portland General Electric Company $POR Shares Sold by First Trust Advisors LP

First Trust Advisors LP reduced its stake in Portland General Electric Company (NYSE:POR) by 6.7% in the first quarter, HoldingsChannel.com reports. The fund owned 1,045,014 shares of the utilities provider’s stock after selling 74,630 shares during the quarter. First Trust Advisors LP’s holdings in Portland General Electric were worth $55,145,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in POR. Magellan Asset Management Ltd lifted its holdings in shares of Portland General Electric by 24.3% in the 1st quarter. Magellan Asset Management Ltd now owns 102,916 shares of the utilities provider’s stock worth $5,431,000 after purchasing an additional 20,110 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in Portland General Electric by 1.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,831,142 shares of the utilities provider’s stock valued at $96,629,000 after purchasing an additional 18,146 shares during the period. Parallel Advisors LLC boosted its position in Portland General Electric by 14.8% during the 1st quarter. Parallel Advisors LLC now owns 5,673 shares of the utilities provider’s stock worth $299,000 after acquiring an additional 730 shares during the period. Swiss National Bank lifted its holdings in Portland General Electric by 3.1% in the first quarter. Swiss National Bank now owns 222,700 shares of the utilities provider’s stock worth $11,752,000 after purchasing an additional 6,600 shares during the period. Finally, Jennison Associates LLC raised its position in shares of Portland General Electric by 150.5% during the 1st quarter. Jennison Associates LLC now owns 46,815 shares of the utilities provider’s stock worth $2,470,000 after buying an additional 28,128 shares in the last quarter.

Portland General Electric News Roundup

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

Analysts Set New Price Targets

A number of brokerages have recently weighed in on POR. Zacks Research lowered shares of Portland General Electric from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Portland General Electric in a research note on Friday, May 15th. Wells Fargo & Company set a $51.00 target price on Portland General Electric in a report on Tuesday, April 21st. JPMorgan Chase & Co. increased their price target on Portland General Electric from $51.00 to $54.00 and gave the company a “neutral” rating in a research note on Monday, April 20th. Finally, BMO Capital Markets decreased their target price on Portland General Electric from $55.00 to $54.00 and set a “market perform” rating for the company in a research note on Wednesday. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $50.90.

Insider Activity at Portland General Electric

In related news, VP Juan Diego Gallegos sold 2,750 shares of Portland General Electric stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $48.67, for a total value of $133,842.50. Following the transaction, the vice president owned 12,127 shares of the company’s stock, valued at approximately $590,221.09. This trade represents a 18.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Joseph R. Trpik, Jr. sold 7,500 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $49.03, for a total value of $367,725.00. Following the sale, the chief financial officer owned 31,897 shares in the company, valued at approximately $1,563,909.91. The trade was a 19.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.52% of the stock is currently owned by corporate insiders.

Portland General Electric Price Performance

NYSE POR opened at $52.03 on Monday. Portland General Electric Company has a 1 year low of $39.85 and a 1 year high of $54.62. The business’s fifty day moving average is $51.07 and its two-hundred day moving average is $51.28. The stock has a market capitalization of $6.02 billion, a P/E ratio of 23.23, a P/E/G ratio of 2.19 and a beta of 0.52. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.09.

Portland General Electric (NYSE:POR) last released 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 company had revenue of $879.00 million for the quarter, compared to the consensus estimate of $953.24 million. Portland General Electric had a return on equity of 7.57% and a net margin of 7.12%.The business’s revenue was down 5.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.91 earnings per share. On average, research analysts forecast that Portland General Electric Company will post 3.39 earnings per share for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Friday, September 25th will be given a $0.5513 dividend. The ex-dividend date is Friday, September 25th. This represents a $2.21 dividend on an annualized basis and a dividend yield of 4.2%. Portland General Electric’s dividend payout ratio (DPR) is 98.21%.

About Portland General Electric

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.