Bank of America Corp DE Has $87.62 Million Stock Holdings in Portland General Electric Company $POR

Key Points

• Bank of America increased its Portland General Electric stake by 60.6% in the first quarter, adding 626,223 shares and bringing its position to 1.66 million shares valued at $87.62 million.
• Portland General Electric reported quarterly EPS of $0.64, slightly below the $0.65 consensus estimate, while revenue of $814 million also missed expectations. The company maintained fiscal 2026 EPS guidance of $3.33–$3.53.
• The utility announced a quarterly dividend of $0.5513 per share, equivalent to a 4.5% annualized yield. Analysts’ consensus rating remains Hold, with an average price target of $50.70.

Bank of America Corp DE lifted its holdings in shares of Portland General Electric Company (NYSE:POR - Free Report) by 60.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,660,446 shares of the utilities provider's stock after purchasing an additional 626,223 shares during the period. Bank of America Corp DE owned 1.43% of Portland General Electric worth $87,622,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. V Square Quantitative Management LLC acquired a new position in Portland General Electric in the fourth quarter valued at approximately $25,000. Private Trust Co. NA boosted its holdings in shares of Portland General Electric by 76.4% during the 4th quarter. Private Trust Co. NA now owns 552 shares of the utilities provider's stock worth $26,000 after buying an additional 239 shares in the last quarter. Johnson Financial Group Inc. bought a new position in shares of Portland General Electric during the 3rd quarter worth approximately $27,000. Rothschild Investment LLC grew its position in shares of Portland General Electric by 112.9% during the 4th quarter. Rothschild Investment LLC now owns 611 shares of the utilities provider's stock worth $29,000 after buying an additional 324 shares during the period. Finally, SHP Wealth Management acquired a new stake in shares of Portland General Electric during the 4th quarter worth approximately $34,000.

Insider Buying and Selling at Portland General Electric

In other Portland General Electric news, Director Robert N. Hoglund bought 2,000 shares of the firm's stock in a transaction dated Monday, May 11th. The stock was bought at an average cost of $48.80 per share, with a total value 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 position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Michael A. Lewis sold 1,537 shares of the business's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $51.83, for a total transaction of $79,662.71. Following the sale, the director directly owned 15,045 shares of the company's stock, valued at approximately $779,782.35. The trade was a 9.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.52% of the company's stock.

Portland General Electric Trading Up 1.2%

Shares of Portland General Electric stock opened at $49.12 on Friday. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.98. Portland General Electric Company has a 52 week low of $41.64 and a 52 week high of $54.62. The stock has a 50 day moving average price of $51.10 and a two-hundred day moving average price of $51.33. The stock has a market capitalization of $5.78 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 2.11 and a beta of 0.52.

Portland General Electric (NYSE:POR - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.64 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.01). Portland General Electric had a net margin of 7.27% and a return on equity of 7.47%. The firm had revenue of $814.00 million for the quarter, compared to the consensus estimate of $839.75 million. During the same quarter in the prior year, the firm earned $0.66 EPS. The company's revenue was up .9% compared to the same quarter last year. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, equities analysts anticipate that Portland General Electric Company will post 3.4 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 Thursday, October 15th. Shareholders of record on Friday, September 25th will be issued a dividend of $0.5513 per share. The ex-dividend date is Friday, September 25th. This represents a $2.21 annualized dividend and a yield of 4.5%. Portland General Electric's dividend payout ratio is presently 96.92%.

Analyst Ratings Changes

POR has been the subject of several research analyst reports. Zacks Research upgraded shares of Portland General Electric from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. BMO Capital Markets set a $52.00 target price on shares of Portland General Electric in a research note on Tuesday. Wells Fargo & Company set a $51.00 price target on shares of Portland General Electric in a report on Tuesday, April 21st. Weiss Ratings raised shares of Portland General Electric from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, August 3rd. Finally, JPMorgan Chase & Co. upped their price objective on shares of Portland General Electric from $51.00 to $54.00 and gave the company a "neutral" rating in a report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $50.70.

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.

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