Vanguard Group Inc. Has $624.86 Million Stock Holdings in Portland General Electric Company $POR

Vanguard Group Inc. raised its stake in Portland General Electric Company (NYSE:POR) by 4.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,020,573 shares of the utilities provider’s stock after acquiring an additional 513,517 shares during the period. Vanguard Group Inc. owned approximately 0.12% of Portland General Electric worth $624,857,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. V Square Quantitative Management LLC acquired a new position in Portland General Electric in the 4th quarter valued at $25,000. Private Trust Co. NA raised its holdings in Portland General Electric by 76.4% in the 4th quarter. Private Trust Co. NA now owns 552 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 239 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in Portland General Electric in the 3rd quarter valued at $27,000. Root Financial Partners LLC acquired a new position in Portland General Electric in the 3rd quarter valued at $27,000. Finally, Clearstead Advisors LLC raised its holdings in Portland General Electric by 206.8% in the 3rd quarter. Clearstead Advisors LLC now owns 856 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 577 shares in the last quarter.

Analyst Ratings Changes

POR has been the subject of several analyst reports. Barclays lifted their price objective 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. JPMorgan Chase & Co. lifted their price objective on Portland General Electric from $51.00 to $54.00 and gave the company a “neutral” rating in a report on Monday, April 20th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $55.00 price objective on shares of Portland General Electric in a report on Thursday, February 19th. Wells Fargo & Company set a $51.00 price objective on Portland General Electric in a report on Tuesday, April 21st. Finally, Weiss Ratings cut Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. One analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $51.00.

Insider Activity at Portland General Electric

In other news, EVP Benjamin Felton sold 4,969 shares of the business’s stock in a transaction 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 transaction, 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.52% of the company’s stock.

Portland General Electric Price Performance

Portland General Electric stock opened at $49.81 on Monday. 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 52 week low of $39.54 and a 52 week high of $54.62. The stock has a market capitalization of $5.76 billion, a P/E ratio of 22.24, a price-to-earnings-growth ratio of 2.08 and a beta of 0.54. The stock has a fifty day moving average of $52.59 and a 200-day moving average of $50.17.

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

Portland General Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be issued a dividend of $0.5513 per share. This is an increase from Portland General Electric’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Thursday, June 25th. This represents a $2.21 dividend on an annualized basis and a dividend yield of 4.4%. Portland General Electric’s payout ratio is presently 93.75%.

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.