Pacific Gas & Electric (NYSE:PCG) EVP Jason Glickman Sells 47,264 Shares

Key Points

• EVP Jason Glickman sold 47,264 shares on April 28 at an average price of $16.35 (≈$772,766), trimming his stake by 25.73% to 136,433 shares valued at about $2.23 million, per an SEC filing.
• Q1 results beat expectations: PCG reported $0.43 EPS vs. $0.39 expected and revenue of $6.88 billion vs. $6.20 billion, and set FY2026 guidance of 1.640–1.660 EPS (analysts average 1.65).
• Market and analyst context: the stock trades near $16.28 with a market cap of $35.8B and a 1.2% yield, while analysts hold a "Moderate Buy" consensus with a $22.40 average price target amid bullish options activity and positive commentary.

Pacific Gas & Electric Co. (NYSE:PCG - Get Free Report) EVP Jason Glickman sold 47,264 shares of the company's stock in a transaction that occurred on Tuesday, April 28th. The shares were sold at an average price of $16.35, for a total value of $772,766.40. Following the completion of the sale, the executive vice president owned 136,433 shares of the company's stock, valued at $2,230,679.55. This trade represents a 25.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Pacific Gas & Electric Price Performance

Shares of PCG stock traded down $0.12 during trading hours on Tuesday, reaching $16.28. The company had a trading volume of 23,820,660 shares, compared to its average volume of 21,744,980. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.13 and a current ratio of 1.20. The stock has a fifty day moving average of $17.86 and a 200-day moving average of $16.63. The company has a market capitalization of $35.77 billion, a price-to-earnings ratio of 12.62, a PEG ratio of 0.63 and a beta of 0.34. Pacific Gas & Electric Co. has a 12-month low of $12.97 and a 12-month high of $19.16.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.04. The business had revenue of $6.88 billion during the quarter, compared to analyst estimates of $6.20 billion. Pacific Gas & Electric had a return on equity of 11.95% and a net margin of 11.44%.The business's revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.33 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. On average, equities analysts anticipate that Pacific Gas & Electric Co. will post 1.65 earnings per share for the current year.

Pacific Gas & Electric Dividend Announcement

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

Trending Headlines about Pacific Gas & Electric

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

• Positive Sentiment: Zacks and other commentators highlight PCG as a potential buy-the-dip / growth opportunity given recent analyst upward revisions and technical oversold readings, suggesting a possible near-term reversal. Down 6.2% in 4 Weeks, Here's Why You Should You Buy the Dip in PG&E (PCG) Looking for a Growth Stock? 3 Reasons Why PG&E (PCG) is a Solid Choice
• Positive Sentiment: Unusual options activity: traders bought ~33,957 call contracts (≈ +36% vs. average), indicating speculative bullish interest that can add upside pressure if positions grow.
• Positive Sentiment: High-profile endorsement: Jim Cramer called PG&E a “great growth story,” which can support retail inflows and sentiment. Jim Cramer Says “PG&E Is a Great Growth Story”
• Neutral Sentiment: Sector/ETF context: coverage of the First Trust Utilities AlphaDEX ETF (FXU) provides broad utilities-sector context but is not PCG-specific; useful for investors sizing sector exposure. Is First Trust Utilities AlphaDEX ETF (FXU) a Strong ETF Right Now?
• Neutral Sentiment: Clean-energy theme: analysts note utilities with nuclear/clean-energy exposure (including PG&E) could benefit from transition tailwinds — positive structurally but not an immediate catalyst. Nuclear Energy Stocks to Gain From Rising Clean Energy Transition
• Negative Sentiment: Insider selling: EVP Jason M. Glickman sold 47,264 shares (~25.7% reduction in his position), a sizable executed sale that can be viewed negatively by the market. SEC filing: SEC Form 4 — Glickman Sale

Institutional Trading of Pacific Gas & Electric

Several hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC boosted its stake in shares of Pacific Gas & Electric by 366.6% in the first quarter. SG Americas Securities LLC now owns 2,984,809 shares of the utilities provider's stock valued at $52,443,000 after purchasing an additional 2,345,120 shares during the period. Pinebridge Investments LLC purchased a new position in shares of Pacific Gas & Electric in the fourth quarter valued at approximately $28,967,000. Geode Capital Management LLC boosted its stake in shares of Pacific Gas & Electric by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 62,134,132 shares of the utilities provider's stock valued at $1,019,297,000 after purchasing an additional 1,132,249 shares during the period. BI Asset Management Fondsmaeglerselskab A S boosted its stake in shares of Pacific Gas & Electric by 499.7% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 433,064 shares of the utilities provider's stock valued at $6,037,000 after purchasing an additional 360,845 shares during the period. Finally, Mediolanum International Funds Ltd boosted its stake in shares of Pacific Gas & Electric by 49.9% in the third quarter. Mediolanum International Funds Ltd now owns 947,127 shares of the utilities provider's stock valued at $14,264,000 after purchasing an additional 315,133 shares during the period. Institutional investors and hedge funds own 78.56% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PCG. Wells Fargo & Company reissued an "overweight" rating and set a $25.00 price objective on shares of Pacific Gas & Electric in a research report on Tuesday, April 21st. Mizuho set a $21.00 price objective on shares of Pacific Gas & Electric in a report on Wednesday, January 21st. UBS Group upgraded shares of Pacific Gas & Electric from a "neutral" rating to a "buy" rating in a report on Monday, March 9th. Jefferies Financial Group restated a "hold" rating and issued a $19.00 price objective (down from $20.00) on shares of Pacific Gas & Electric in a report on Monday, March 23rd. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Pacific Gas & Electric in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Pacific Gas & Electric has an average rating of "Moderate Buy" and a consensus target price of $22.40.

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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