Pacific Gas & Electric Co. (NYSE:PCG) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Analyst consensus: 14 brokers give PCG an average recommendation of "Moderate Buy" with a 12‑month average price target of $21.91 and several firms (Barclays, JPMorgan) raising targets into the $23–$24 range.
• Q1 beat and steady guidance: PCG reported $0.43 EPS vs. $0.39 consensus and $6.88B revenue (+15% y/y), and reaffirmed FY‑2026 guidance of $1.640–1.660 EPS, supporting near‑term outlook.
• Risks and insider activity: Analysts warned one‑segment reporting may mask risks, while insiders sold 84,286 shares (~$1.53M) in the last three months and some institutions reduced positions, which could pressure the stock.

Shares of Pacific Gas & Electric Co. (NYSE:PCG - Get Free Report) have been given an average recommendation of "Moderate Buy" by the fourteen brokerages that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $21.9091.

Several brokerages have commented on PCG. Barclays boosted their price target on shares of Pacific Gas & Electric from $21.00 to $23.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded shares of Pacific Gas & Electric from a "hold" rating to a "buy" rating in a research report on Saturday. Truist Financial started coverage on shares of Pacific Gas & Electric in a research report on Monday. They set a "buy" rating and a $23.00 target price on the stock. JPMorgan Chase & Co. upped their target price on shares of Pacific Gas & Electric from $21.00 to $24.00 and gave the company an "overweight" rating in a research report on Wednesday, March 18th. Finally, Morgan Stanley set a $23.00 target price on shares of Pacific Gas & Electric in a research report on Friday, February 20th.

Key Headlines Impacting Pacific Gas & Electric

Here are the key news stories impacting Pacific Gas & Electric this week:

• Positive Sentiment: Q1 results: PCG reported $0.43 EPS (above estimates) and revenue of $6.88B, +15% y/y — clear near‑term operational and profit beat that supports the stock. PG&E Q1 Earnings Surpass Estimates
• Positive Sentiment: FY‑2026 guidance reaffirmed at $1.640–1.660 EPS (essentially in line with consensus), which reduces forward‑looking earnings uncertainty for investors. PG&E Q1 Results & Guidance
• Positive Sentiment: Analyst sentiment remains constructive — multiple buy/overweight ratings and a median price target well above the current level, providing upside support. Analyst Ratings & Targets
• Neutral Sentiment: Earnings call and presentation detailed growth drivers (including increased demand from data centers/AI workloads) and reform initiatives — informative for modeling but not an immediate catalyst. Earnings Call Presentation
• Neutral Sentiment: Press release highlighted customer bill relief for vulnerable households — positive PR but limited near‑term market impact on earnings. Customer Rate Announcement
• Negative Sentiment: Accounting/reporting concern: analysts flagged that one‑segment reporting may obscure business‑line volatility and emerging credit/wildfire exposures — raises scrutiny on transparency and risk disclosure. One‑Segment Reporting Risk
• Negative Sentiment: Insider and institutional activity: notable insider selling and large institutional position reductions reported in recent quarters — can amplify downward pressure and signal cautious positioning. Insider & Institutional Moves

Insider Activity

In other news, EVP John R. Simon sold 45,607 shares of the company's stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $18.00, for a total transaction of $820,926.00. Following the sale, the executive vice president directly owned 392,303 shares in the company, valued at approximately $7,061,454. This represents a 10.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Carla J. Peterman sold 31,786 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $18.31, for a total transaction of $582,001.66. Following the completion of the sale, the executive vice president directly owned 195,091 shares in the company, valued at $3,572,116.21. This trade represents a 14.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 84,286 shares of company stock worth $1,528,746. 0.14% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC purchased a new position in Pacific Gas & Electric in the 3rd quarter worth about $27,000. Tobam purchased a new position in shares of Pacific Gas & Electric during the fourth quarter worth approximately $30,000. Versant Capital Management Inc increased its position in shares of Pacific Gas & Electric by 826.2% during the third quarter. Versant Capital Management Inc now owns 1,945 shares of the utilities provider's stock worth $29,000 after acquiring an additional 1,735 shares during the period. Torren Management LLC purchased a new position in shares of Pacific Gas & Electric during the fourth quarter worth approximately $33,000. Finally, Modus Advisors LLC purchased a new position in shares of Pacific Gas & Electric during the fourth quarter worth approximately $36,000. Hedge funds and other institutional investors own 78.56% of the company's stock.

Pacific Gas & Electric Trading Down 1.3%

Shares of Pacific Gas & Electric stock opened at $16.61 on Friday. The company has a market capitalization of $36.50 billion, a P/E ratio of 12.87, a P/E/G ratio of 0.64 and a beta of 0.34. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.92 and a current ratio of 0.97. The company has a fifty day moving average of $17.92 and a 200 day moving average of $16.63. Pacific Gas & Electric has a fifty-two week low of $12.97 and a fifty-two week high of $19.16.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.04. The company had revenue of $6.88 billion during the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric had a net margin of 11.44% and a return on equity of 12.09%. Pacific Gas & Electric's quarterly revenue was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.33 EPS. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. On average, sell-side analysts anticipate that Pacific Gas & Electric will post 1.65 earnings per share for the current fiscal year.

Pacific Gas & Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Tuesday, March 31st. Pacific Gas & Electric's dividend payout ratio is currently 15.50%.

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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