Pacific Gas & Electric (NYSE:PCG) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Pacific Gas & Electric (NYSE:PCG) from a "hold" to a "buy"; analysts collectively rate PCG a Moderate Buy with an average price target of $21.91 and several firms (JPMorgan, Wells Fargo, Truist) raising targets or issuing buy/overweight calls.
• PCG beat Q1 expectations with $0.43 EPS (vs. $0.39 est.) and $6.88B revenue (+15% y/y), and reaffirmed FY‑2026 guidance of 1.640–1.660 EPS, roughly in line with consensus.
• Notable insider selling occurred—about 84,286 shares (~$1.53M) in the last 90 days—and insiders now own only 0.14% of the stock, a potential sentiment headwind despite positive analyst action.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued on Saturday.

A number of other research firms have also recently commented on PCG. JPMorgan Chase & Co. upped their price objective 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. Morgan Stanley set a $23.00 price objective on shares of Pacific Gas & Electric in a research report on Friday, February 20th. Weiss Ratings restated a "hold (c)" rating on shares of Pacific Gas & Electric in a research report on Friday, March 27th. Wells Fargo & Company restated an "overweight" rating and issued a $25.00 price objective on shares of Pacific Gas & Electric in a research report on Tuesday. Finally, Truist Financial initiated coverage on shares of Pacific Gas & Electric in a research report on Monday. They issued a "buy" rating and a $23.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $21.91.

Pacific Gas & Electric Stock Performance

Shares of Pacific Gas & Electric stock opened at $16.61 on Friday. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.92 and a current ratio of 0.97. Pacific Gas & Electric has a 52 week low of $12.97 and a 52 week high of $19.16. The firm has a fifty day moving average of $17.92 and a two-hundred day moving average of $16.63. The stock has a market capitalization of $36.50 billion, a price-to-earnings ratio of 12.87, a PEG ratio of 0.64 and a beta of 0.34.

Pacific Gas & Electric (NYSE:PCG - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.04. Pacific Gas & Electric had a net margin of 11.44% and a return on equity of 12.09%. The business had revenue of $6.88 billion during the quarter, compared to analysts' expectations of $6.20 billion. During the same quarter in the prior year, the company earned $0.33 EPS. The firm's quarterly revenue was up 15.0% on a year-over-year basis. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. As a group, equities research analysts predict that Pacific Gas & Electric will post 1.65 EPS for the current year.

Insiders Place Their Bets

In other Pacific Gas & Electric news, 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 transaction, the executive vice president owned 195,091 shares in the company, valued at approximately $3,572,116.21. This represents a 14.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kerry Whorton Cooper sold 2,500 shares of the stock in a transaction dated Tuesday, March 17th. The stock was sold at an average price of $18.68, for a total value of $46,700.00. Following the transaction, the director owned 73,141 shares of the company's stock, valued at approximately $1,366,273.88. This trade represents a 3.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 84,286 shares of company stock worth $1,528,746. Corporate insiders own 0.14% of the company's stock.

Hedge Funds Weigh In On Pacific Gas & Electric

Large investors have recently added to or reduced their stakes in the company. Mediolanum International Funds Ltd increased its holdings in Pacific Gas & Electric by 49.9% during the 3rd quarter. Mediolanum International Funds Ltd now owns 947,127 shares of the utilities provider's stock worth $14,264,000 after purchasing an additional 315,133 shares in the last quarter. Oregon Public Employees Retirement Fund increased its holdings in Pacific Gas & Electric by 32.3% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 251,260 shares of the utilities provider's stock worth $3,789,000 after purchasing an additional 61,349 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Pacific Gas & Electric by 3,875.9% during the 4th quarter. SG Americas Securities LLC now owns 639,689 shares of the utilities provider's stock worth $10,280,000 after buying an additional 623,600 shares during the last quarter. Transcend Capital Advisors LLC boosted its stake in shares of Pacific Gas & Electric by 238.1% during the 3rd quarter. Transcend Capital Advisors LLC now owns 48,783 shares of the utilities provider's stock worth $736,000 after buying an additional 34,353 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Pacific Gas & Electric by 80.3% during the 4th quarter. Farther Finance Advisors LLC now owns 81,917 shares of the utilities provider's stock worth $1,316,000 after buying an additional 36,480 shares during the last quarter. Institutional investors own 78.56% of the company's stock.

Key Stories 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

Pacific Gas & Electric Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.