Pacific Gas & Electric Co. (PCG) - What Are Brokerages Thinking About This Stock?

Key Points

• Broker sentiment is cautious: Twelve analysts give Pacific Gas & Electric an average “Hold” rating, with nine holds and three buys. The average 12-month price target is $17.27, though several brokerages recently reduced their targets.
• Recent performance was mixed: PCG reported quarterly EPS of $0.40, beating estimates of $0.36, but revenue of $5.90 billion fell short of the $6.20 billion consensus. Management’s fiscal 2026 EPS guidance is $1.64–$1.66.
• The stock offers a modest income stream: PCG pays an annualized dividend of $0.20 per share, yielding about 1.5%, while institutional investors own 78.56% of the company. Shares recently traded at $13.11, near the lower end of their 52-week range.

Pacific Gas & Electric Co. (NYSE:PCG - Get Free Report) has been assigned an average rating of "Hold" from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $17.27.

A number of equities analysts have issued reports on the stock. BMO Capital Markets reaffirmed a "market perform" rating and issued a $21.00 price objective (down from $28.00) on shares of Pacific Gas & Electric in a research note on Monday, August 31st. Mizuho lowered their target price on shares of Pacific Gas & Electric from $16.00 to $14.00 and set a "neutral" rating for the company in a report on Thursday, September 3rd. Bank of America reiterated a "neutral" rating and set a $13.00 target price (down from $24.00) on shares of Pacific Gas & Electric in a research report on Tuesday, September 1st. Morgan Stanley dropped their target price on shares of Pacific Gas & Electric from $22.00 to $20.00 and set an "equal weight" rating for the company in a research report on Friday, September 18th. Finally, Wall Street Zen downgraded Pacific Gas & Electric from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th.

Pacific Gas & Electric Stock Performance

Shares of NYSE:PCG opened at $13.11 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.15 and a debt-to-equity ratio of 1.90. Pacific Gas & Electric has a 1-year low of $11.77 and a 1-year high of $19.16. The stock has a market capitalization of $35.13 billion, a P/E ratio of 9.50, a P/E/G ratio of 1.04 and a beta of 0.28. The business has a 50-day moving average price of $14.48 and a two-hundred day moving average price of $16.13.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last issued its earnings results on Thursday, July 23rd. The utilities provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.04. Pacific Gas & Electric had a net margin of 12.25% and a return on equity of 12.48%. The company had revenue of $5.90 billion for the quarter, compared to analyst estimates of $6.20 billion. During the same quarter last year, the firm earned $0.31 EPS. The company's revenue for the quarter was up .1% on a year-over-year basis. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Equities analysts predict that Pacific Gas & Electric will post 1.65 earnings per share for the current year.

Pacific Gas & Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were paid a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.5%. Pacific Gas & Electric's payout ratio is 14.49%.

Insider Activity at Pacific Gas & Electric

In other news, Director William Fugate sold 6,500 shares of the business's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $13.76, for a total transaction of $89,440.00. Following the completion of the transaction, the director directly owned 73,530 shares in the company, valued at approximately $1,011,772.80. The trade was a 8.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Marlene Santos sold 158,250 shares of the company's stock in a transaction dated Wednesday, July 22nd. The shares were sold at an average price of $18.00, for a total value of $2,848,500.00. Following the completion of the sale, the executive vice president directly owned 230,885 shares of the company's stock, valued at approximately $4,155,930. This trade represents a 40.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 166,000 shares of company stock worth $2,960,440. 0.22% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PCG. CoreCap Advisors LLC raised its holdings in Pacific Gas & Electric by 13.1% in the second quarter. CoreCap Advisors LLC now owns 5,843 shares of the utilities provider's stock worth $98,000 after purchasing an additional 677 shares during the period. Fifth Third Wealth Advisors LLC grew its holdings in shares of Pacific Gas & Electric by 5.7% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 16,368 shares of the utilities provider's stock valued at $288,000 after buying an additional 885 shares during the period. Versant Capital Management Inc increased its position in shares of Pacific Gas & Electric by 19.6% in the 2nd quarter. Versant Capital Management Inc now owns 6,636 shares of the utilities provider's stock valued at $112,000 after buying an additional 1,088 shares in the last quarter. Keating Financial Advisory Services Inc. bought a new stake in shares of Pacific Gas & Electric in the 2nd quarter valued at $28,000. Finally, Tobam bought a new stake in shares of Pacific Gas & Electric in the 4th quarter valued at $30,000. Institutional investors and hedge funds own 78.56% of the company's stock.

About Pacific Gas & Electric

Pacific Gas and Electric Corporation, through its principal subsidiary Pacific Gas and Electric Company, is a regulated energy utility serving customers in Northern and Central California. The company delivers electricity and natural gas to residential, commercial, industrial and agricultural customers across its service territory.

PG&E's operations include the transmission and distribution of electricity, natural gas distribution, and the maintenance and modernization of the infrastructure used to provide these services.

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