Intech Investment Management LLC Has $2.04 Million Holdings in Portland General Electric Company $POR

Key Points

• Intech Investment Management LLC trimmed its stake by 30.2% in Portland General Electric in Q3, selling 20,065 shares and ending the period with 46,283 shares valued at about $2.04 million.
• Portland General Electric missed quarterly EPS ($0.47 vs. $0.59 expected) on slightly lower revenue, set FY2026 guidance of 3.330–3.530 EPS, and carries a MarketBeat consensus rating of "Hold" with an average price target of $50.17.
• EVP Benjamin Felton sold 4,969 shares at $53.56 (a ~10.8% reduction in his position), and the company announced a quarterly dividend of $0.525 per share (3.9% yield)

Intech Investment Management LLC trimmed its stake in Portland General Electric Company (NYSE:POR - Free Report) by 30.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 46,283 shares of the utilities provider's stock after selling 20,065 shares during the period. Intech Investment Management LLC's holdings in Portland General Electric were worth $2,036,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Root Financial Partners LLC bought a new stake in shares of Portland General Electric in the 3rd quarter valued at about $27,000. Bell Investment Advisors Inc lifted its stake in shares of Portland General Electric by 80.6% in the second quarter. Bell Investment Advisors Inc now owns 829 shares of the utilities provider's stock worth $34,000 after acquiring an additional 370 shares during the period. Clearstead Advisors LLC boosted its holdings in Portland General Electric by 206.8% in the third quarter. Clearstead Advisors LLC now owns 856 shares of the utilities provider's stock valued at $38,000 after acquiring an additional 577 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Portland General Electric during the 2nd quarter valued at approximately $51,000. Finally, Smartleaf Asset Management LLC increased its position in Portland General Electric by 35.1% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,243 shares of the utilities provider's stock valued at $54,000 after purchasing an additional 323 shares during the period.

Insider Buying and Selling at Portland General Electric

In related news, EVP Benjamin Felton sold 4,969 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $53.56, for a total value of $266,139.64. Following the transaction, the executive vice president directly owned 41,081 shares in the company, valued at $2,200,298.36. This trade represents a 10.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.40% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on POR shares. LADENBURG THALM/SH SH restated a "sell" rating and issued a $43.00 price target on shares of Portland General Electric in a research report on Thursday, December 4th. BTIG Research restated a "buy" rating and issued a $58.00 target price on shares of Portland General Electric in a report on Friday, January 30th. JPMorgan Chase & Co. upped their price target on shares of Portland General Electric from $47.00 to $49.00 and gave the company a "neutral" rating in a research report on Friday, December 12th. BMO Capital Markets reiterated a "market perform" rating and set a $55.00 price target on shares of Portland General Electric in a report on Thursday, February 19th. Finally, UBS Group boosted their price objective on Portland General Electric from $53.00 to $55.00 and gave the company a "neutral" rating in a research note on Thursday, February 19th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Portland General Electric presently has a consensus rating of "Hold" and an average price target of $50.17.

Portland General Electric Trading Up 0.6%

NYSE:POR opened at $54.16 on Thursday. Portland General Electric Company has a 12 month low of $39.54 and a 12 month high of $54.39. The company has a current ratio of 1.08, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $6.26 billion, a price-to-earnings ratio of 19.55, a PEG ratio of 3.05 and a beta of 0.66. The firm has a fifty day simple moving average of $50.60 and a two-hundred day simple moving average of $47.39.

Portland General Electric (NYSE:POR - Get Free Report) last released its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.59 by ($0.12). Portland General Electric had a return on equity of 8.52% and a net margin of 8.56%.The company had revenue of $889.00 million for the quarter, compared to the consensus estimate of $892.31 million. During the same period last year, the company earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Analysts expect that Portland General Electric Company will post 3.21 EPS 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 issued a dividend of $0.525 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.10 annualized dividend and a dividend yield of 3.9%. Portland General Electric's payout ratio is currently 75.81%.

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.

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