Vanguard Group Inc. Buys 513,517 Shares of Portland General Electric Company $POR

Key Points

• Vanguard increased its stake: Vanguard bought an additional 513,517 shares (a 4.1% rise) and now owns 13,020,573 shares—about 11.57% of Portland General Electric, valued at roughly $624.9 million.
• Quarterly results missed expectations: PGE reported Q earnings of $0.58 per share versus a $0.77 consensus and revenue of $879 million versus $953.24 million, with revenue down 5.3% year-over-year and FY2026 guidance set at $3.33–$3.53 EPS (analysts expect ~3.4).
• Dividend was raised: The company declared a quarterly dividend of $0.5513 (annualized $2.21) for a ~4.4% yield, up from $0.53, implying a payout ratio of about 93.75%.

Vanguard Group Inc. raised its stake in Portland General Electric Company (NYSE:POR - Free Report) by 4.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,020,573 shares of the utilities provider's stock after purchasing an additional 513,517 shares during the quarter. Vanguard Group Inc. owned approximately 11.57% of Portland General Electric worth $624,857,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in POR. V Square Quantitative Management LLC bought a new position in shares of Portland General Electric during the 4th quarter worth approximately $25,000. Private Trust Co. NA boosted its stake in shares of Portland General Electric by 76.4% during 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 during the period. Root Financial Partners LLC bought a new position in shares of Portland General Electric during the 3rd quarter worth approximately $27,000. Johnson Financial Group Inc. bought a new position in shares of Portland General Electric during the 3rd quarter worth approximately $27,000. Finally, Clearstead Advisors LLC boosted its stake in shares of Portland General Electric by 206.8% during the 3rd quarter. Clearstead Advisors LLC now owns 856 shares of the utilities provider's stock worth $38,000 after acquiring an additional 577 shares during the period.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. JPMorgan Chase & Co. lifted 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. BMO Capital Markets reiterated a "market perform" rating and set a $55.00 target price on shares of Portland General Electric in a research note on Thursday, February 19th. BTIG Research reiterated a "buy" rating and set a $58.00 target price on shares of Portland General Electric in a research note on Friday, January 30th. Weiss Ratings downgraded Portland General Electric from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, February 17th. Finally, Wells Fargo & Company set a $51.00 target price on Portland General Electric in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $51.00.

Portland General Electric Stock Performance

NYSE:POR opened at $49.81 on Monday. The stock has a market cap of $5.76 billion, a P/E ratio of 22.24, a PEG ratio of 2.08 and a beta of 0.54. The stock has a 50 day simple moving average of $52.59 and a 200 day simple moving average of $50.17. The company has a current ratio of 1.09, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. Portland General Electric Company has a 1-year low of $39.54 and a 1-year high of $54.62.

Portland General Electric (NYSE:POR - Get Free Report) last released its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.19). The firm had revenue of $879.00 million for 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%.The business's revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 earnings per share. 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 3.4 earnings per share for the current year.

Portland General Electric Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be issued a dividend of $0.5513 per share. This represents a $2.21 annualized dividend and a yield of 4.4%. 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. Portland General Electric's payout ratio is 93.75%.

Insiders Place Their Bets

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 stock was sold at an average price of $53.56, for a total transaction of $266,139.64. Following the completion of the sale, the executive vice president directly owned 41,081 shares of the company's stock, valued at approximately $2,200,298.36. This trade represents a 10.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.52% of the company's stock.

Portland General Electric 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.

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