Partners Capital Investment Group LLP Invests $4.18 Million in Pacific Gas & Electric Co. $PCG

Key Points

• Partners Capital Investment Group initiated a $4.18 million position in PG&E during the second quarter, buying 248,360 shares. Institutional investors collectively own 78.56% of the utility’s stock.
• PG&E reported quarterly EPS of $0.40, exceeding analyst expectations of $0.36, while revenue totaled $5.90 billion versus the $6.20 billion consensus estimate. The company reaffirmed fiscal 2026 EPS guidance of $1.64–$1.66.
• Analysts maintain a broadly positive view, with seven Buy ratings and three Holds, an overall “Moderate Buy” rating, and an average price target of $22.20. However, several firms recently lowered their price targets, while an executive sold $2.85 million in shares under a Rule 10b5-1 plan.

Partners Capital Investment Group LLP acquired a new position in shares of Pacific Gas & Electric Co. (NYSE:PCG - Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 248,360 shares of the utilities provider's stock, valued at approximately $4,177,000.

A number of other institutional investors also recently added to or reduced their stakes in PCG. Barrow Hanley Mewhinney & Strauss LLC bought a new position in Pacific Gas & Electric in the second quarter worth about $314,855,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Pacific Gas & Electric in the 2nd quarter valued at about $90,898,000. Danica Pension Livsforsikringsaktieselskab bought a new stake in shares of Pacific Gas & Electric in the 2nd quarter valued at about $76,721,000. Ieq Capital LLC purchased a new position in shares of Pacific Gas & Electric in the 2nd quarter worth approximately $72,739,000. Finally, Bank of Nova Scotia purchased a new position in shares of Pacific Gas & Electric in the 2nd quarter worth approximately $61,711,000. Institutional investors own 78.56% of the company's stock.

Pacific Gas & Electric Stock Performance

PCG opened at $18.10 on Tuesday. Pacific Gas & Electric Co. has a 52-week low of $14.34 and a 52-week high of $19.16. The company has a quick ratio of 1.15, a current ratio of 1.22 and a debt-to-equity ratio of 1.90. The company has a market cap of $48.50 billion, a P/E ratio of 13.11, a price-to-earnings-growth ratio of 1.14 and a beta of 0.28. The firm's 50-day moving average price is $17.31 and its 200-day moving average price is $17.30.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last released its earnings results on Thursday, July 23rd. The utilities provider reported $0.40 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.04. The company had revenue of $5.90 billion during the quarter, compared to analysts' expectations of $6.20 billion. Pacific Gas & Electric had a net margin of 12.25% and a return on equity of 12.48%. Pacific Gas & Electric's revenue for the quarter was up .1% on a year-over-year basis. During the same period last year, the business earned $0.31 EPS. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. As a group, equities analysts anticipate that Pacific Gas & Electric Co. will post 1.65 EPS for the current fiscal year.

Insider Activity

In other news, EVP Marlene Santos sold 158,250 shares of Pacific Gas & Electric stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $18.00, for a total transaction of $2,848,500.00. Following the completion of the sale, the executive vice president directly owned 230,885 shares in the company, valued at approximately $4,155,930. The trade was a 40.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.22% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Truist Financial decreased their target price on shares of Pacific Gas & Electric from $23.00 to $21.00 and set a "buy" rating for the company in a research report on Tuesday, August 4th. Wall Street Zen lowered shares of Pacific Gas & Electric from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. BMO Capital Markets cut their price target on shares of Pacific Gas & Electric from $28.00 to $27.00 and set an "outperform" rating on the stock in a report on Friday, July 24th. Morgan Stanley reduced their price target on Pacific Gas & Electric from $23.00 to $22.00 and set an "equal weight" rating on the stock in a research report on Friday. Finally, Weiss Ratings lowered Pacific Gas & Electric from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, June 4th. Seven investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $22.20.

About Pacific Gas & Electric

Pacific Gas & Electric NYSE: PCG is an investor-owned utility holding company whose principal operating subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas service in northern and central California. The company's core activities include the generation, procurement, transmission and distribution of electric power, as well as the transmission and distribution of natural gas. PG&E serves a broad mix of residential, commercial, and industrial customers across urban and rural communities within its California service territory.

PG&E's operations encompass utility infrastructure planning and construction, grid operations, customer service and energy procurement.

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