Portland General Electric Company $POR Stock Holdings Increased by Horizon Investments LLC

Key Points

• Horizon Investments LLC increased its stake in Portland General Electric by 80,125.4%, purchasing an additional 53,684 shares to hold 53,751 shares valued at about $2.58 million.
• Portland General Electric missed quarterly expectations, reporting $0.58 EPS versus $0.77 expected and $879 million in revenue versus $953.24 million, while issuing FY2026 guidance of $3.33–$3.53 EPS (analysts average ~3.4).
• The company raised its quarterly dividend to $0.5513 (annualized $2.21), implying a 4.5% yield and a payout ratio of 93.75%.

Horizon Investments LLC increased its stake in shares of Portland General Electric Company (NYSE:POR - Free Report) by 80,125.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,751 shares of the utilities provider's stock after purchasing an additional 53,684 shares during the quarter. Horizon Investments LLC's holdings in Portland General Electric were worth $2,580,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in POR. Sigma Planning Corp lifted its position in Portland General Electric by 3.9% in the 4th quarter. Sigma Planning Corp now owns 5,663 shares of the utilities provider's stock worth $272,000 after buying an additional 210 shares in the last quarter. Jennison Associates LLC purchased a new position in shares of Portland General Electric during the 4th quarter valued at $897,000. Moody Aldrich Partners LLC increased its stake in shares of Portland General Electric by 10.3% in the fourth quarter. Moody Aldrich Partners LLC now owns 150,403 shares of the utilities provider's stock worth $7,218,000 after acquiring an additional 14,004 shares during the last quarter. Comerica Bank increased its stake in shares of Portland General Electric by 12.8% in the fourth quarter. Comerica Bank now owns 98,638 shares of the utilities provider's stock worth $4,734,000 after acquiring an additional 11,186 shares during the last quarter. Finally, State of Michigan Retirement System raised its holdings in shares of Portland General Electric by 1.9% during the fourth quarter. State of Michigan Retirement System now owns 26,600 shares of the utilities provider's stock worth $1,277,000 after acquiring an additional 500 shares in the last quarter.

Insider Buying and Selling

In other Portland General Electric news, EVP Benjamin Felton sold 4,969 shares of the stock in a transaction that occurred on Friday, February 27th. The stock was sold at an average price of $53.56, for a total transaction of $266,139.64. Following the transaction, the executive vice president owned 41,081 shares in the company, valued at $2,200,298.36. This trade represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.52% of the stock is currently owned by company insiders.

Portland General Electric Trading Down 1.5%

Portland General Electric stock opened at $48.96 on Tuesday. Portland General Electric Company has a one year low of $39.54 and a one year high of $54.62. The company's fifty day moving average price is $52.59 and its two-hundred day moving average price is $50.17. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.09 and a quick ratio of 0.95. The company has a market capitalization of $5.67 billion, a price-to-earnings ratio of 21.86, a PEG ratio of 2.08 and a beta of 0.54.

Portland General Electric (NYSE:POR - Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.77 by ($0.19). The company had revenue of $879.00 million during the quarter, compared to analyst estimates of $953.24 million. Portland General Electric had a return on equity of 7.57% and a net margin of 7.12%.Portland General Electric's quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.91 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, analysts forecast that Portland General Electric Company will post 3.4 earnings per share for the current fiscal year.

Portland General Electric Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be given a dividend of $0.5513 per share. The ex-dividend date of this dividend is Thursday, June 25th. This is an increase from Portland General Electric's previous quarterly dividend of $0.53. This represents a $2.21 dividend on an annualized basis and a yield of 4.5%. Portland General Electric's dividend payout ratio (DPR) is currently 93.75%.

Wall Street Analyst Weigh In

POR has been the subject of a number of research reports. Weiss Ratings cut Portland General Electric from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, February 17th. UBS Group raised their price target on Portland General Electric from $53.00 to $55.00 and gave the stock a "neutral" rating in a research note on Thursday, February 19th. JPMorgan Chase & Co. lifted their price target on Portland General Electric from $51.00 to $54.00 and gave the company a "neutral" rating in a report on Monday, April 20th. Wells Fargo & Company set a $51.00 price target on Portland General Electric in a research note on Tuesday, April 21st. Finally, BMO Capital Markets restated a "market perform" rating and issued a $55.00 price objective on shares of Portland General Electric in a report on Thursday, February 19th. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $51.00.

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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