Burney Co. Sells 48,306 Shares of Portland General Electric Company $POR

Key Points

• Burney Co. cut its Portland General Electric stake by 65.9%, selling 48,306 shares and leaving 24,964 shares valued at about $1.20 million at quarter-end.
• Portland General Electric missed quarterly EPS ($0.47 vs. $0.59 consensus) but issued FY2026 guidance of 3.330–3.530 EPS; analysts' consensus is a "Hold" with an average target of $50.17.
• EVP Benjamin Felton sold 4,969 shares at an average $53.56, and the company announced a quarterly dividend of $0.525 (annualized $2.10) for a 4.0% yield.

Burney Co. decreased its stake in shares of Portland General Electric Company (NYSE:POR - Free Report) by 65.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,964 shares of the utilities provider's stock after selling 48,306 shares during the period. Burney Co.'s holdings in Portland General Electric were worth $1,198,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. V Square Quantitative Management LLC bought a new stake in shares of Portland General Electric during the fourth quarter worth $25,000. Johnson Financial Group Inc. bought a new stake in shares of Portland General Electric during the third quarter worth $27,000. Root Financial Partners LLC bought a new stake in shares of Portland General Electric during the third quarter worth $27,000. Clearstead Advisors LLC increased its position in shares of Portland General Electric by 206.8% during the third quarter. Clearstead Advisors LLC now owns 856 shares of the utilities provider's stock worth $38,000 after acquiring an additional 577 shares in the last quarter. Finally, IFP Advisors Inc increased its position in shares of Portland General Electric by 61.7% during the third quarter. IFP Advisors Inc now owns 1,080 shares of the utilities provider's stock worth $48,000 after acquiring an additional 412 shares in the last quarter.

Insider Activity at Portland General Electric

In other news, EVP Benjamin Felton sold 4,969 shares of Portland General Electric stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $53.56, for a total value of $266,139.64. Following the completion of the transaction, the executive vice president owned 41,081 shares of the company's stock, valued at $2,200,298.36. This trade represents a 10.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.52% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on POR shares. BTIG Research reissued a "buy" rating and set a $58.00 price objective on shares of Portland General Electric in a research report on Friday, January 30th. Barclays raised their target price on shares of Portland General Electric from $47.00 to $53.00 and gave the company an "equal weight" rating in a research report on Tuesday, February 17th. BMO Capital Markets reaffirmed a "market perform" rating and issued a $55.00 target price on shares of Portland General Electric in a research report on Thursday, February 19th. Weiss Ratings downgraded shares of Portland General Electric from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, February 17th. Finally, Wells Fargo & Company raised their target price on shares of Portland General Electric from $45.00 to $49.00 and gave the company an "equal weight" rating in a research report on Tuesday, January 20th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, Portland General Electric has an average rating of "Hold" and an average target price of $50.17.

Portland General Electric Stock Down 1.5%

Portland General Electric stock opened at $52.90 on Tuesday. The company has a market cap of $6.12 billion, a P/E ratio of 19.10, a price-to-earnings-growth ratio of 3.04 and a beta of 0.62. Portland General Electric Company has a 1-year low of $39.54 and a 1-year high of $54.62. The company has a fifty day simple moving average of $52.63 and a 200 day simple moving average of $49.43. The company has a current ratio of 1.08, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19.

Portland General Electric (NYSE:POR - Get Free Report) last released its earnings results on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.59 by ($0.12). Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. The business had revenue of $889.00 million during the quarter, compared to the consensus estimate of $892.31 million. During the same period last year, the business posted $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Research analysts anticipate that Portland General Electric Company will post 3.21 earnings per share for the current fiscal year.

Portland General Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 23rd will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, March 23rd. Portland General Electric's dividend payout ratio (DPR) is 75.81%.

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.

Want to see what other hedge funds are holding POR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Portland General Electric Company (NYSE:POR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.