Strs Ohio Buys 22,700 Shares of Portland General Electric Company $POR

Key Points

• Strs Ohio boosted its stake in Portland General Electric by 287.3%, buying 22,700 shares to hold 30,600 shares valued at about $1.47 million at quarter-end.
• POR missed quarterly expectations, reporting $0.58 EPS vs. $0.77 expected and $879M revenue vs. $953M expected (revenue down 5.3% YoY), while setting FY2026 guidance of 3.330–3.530 EPS.
• Portland General Electric raised its quarterly dividend to $0.5513 ($2.21 annualized) for a 4.5% yield

Strs Ohio increased its stake in shares of Portland General Electric Company (NYSE:POR - Free Report) by 287.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,600 shares of the utilities provider's stock after buying an additional 22,700 shares during the quarter. Strs Ohio's holdings in Portland General Electric were worth $1,468,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Sigma Planning Corp lifted its stake in Portland General Electric by 3.9% during the 4th quarter. Sigma Planning Corp now owns 5,663 shares of the utilities provider's stock valued at $272,000 after acquiring an additional 210 shares in the last quarter. Private Trust Co. NA grew its stake in shares of Portland General Electric by 76.4% in the 4th quarter. Private Trust Co. NA now owns 552 shares of the utilities provider's stock worth $26,000 after acquiring an additional 239 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in shares of Portland General Electric by 3.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 8,309 shares of the utilities provider's stock worth $366,000 after acquiring an additional 248 shares in the last quarter. Johnson Investment Counsel Inc. raised its holdings in shares of Portland General Electric by 0.8% in the third quarter. Johnson Investment Counsel Inc. now owns 38,563 shares of the utilities provider's stock valued at $1,697,000 after purchasing an additional 302 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of Portland General Electric by 35.1% in the third 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 last quarter.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on POR shares. BTIG Research restated a "buy" rating and set a $58.00 price target on shares of Portland General Electric in a report on Friday, January 30th. Wells Fargo & Company set a $51.00 price objective on shares of Portland General Electric in a research note on Tuesday, April 21st. UBS Group lifted their target price on shares of Portland General Electric from $53.00 to $55.00 and gave the stock a "neutral" rating in a research report on Thursday, February 19th. JPMorgan Chase & Co. boosted their target price on Portland General Electric from $51.00 to $54.00 and gave the stock a "neutral" rating in a research note on Monday, April 20th. Finally, Barclays upped their target price on Portland General Electric from $47.00 to $53.00 and gave the company an "equal weight" rating in a report on Tuesday, February 17th. One investment analyst has rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, Portland General Electric presently has a consensus rating of "Hold" and a consensus price target of $51.00.

Portland General Electric Price Performance

Shares of NYSE:POR opened at $48.90 on Thursday. The company has a market capitalization of $5.66 billion, a P/E ratio of 21.83, a price-to-earnings-growth ratio of 2.05 and a beta of 0.54. The company's 50-day moving average is $52.43 and its 200 day moving average is $50.24. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.09. Portland General Electric Company has a fifty-two week low of $39.54 and a fifty-two week high of $54.62.

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

Portland General Electric Increases Dividend

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

Insider Activity at Portland General Electric

In related news, EVP Benjamin Felton sold 4,969 shares of Portland General Electric stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $53.56, for a total value of $266,139.64. Following the sale, the executive vice president owned 41,081 shares of the company's stock, valued at approximately $2,200,298.36. The trade was a 10.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.52% of the company's stock.

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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