Key Points
- EVP Benjamin Felton sold 4,969 shares on Feb. 27 at an average price of $53.56 for $266,139.64, reducing his ownership by 10.79% to 41,081 shares (≈$2.20M), according to an SEC filing.
- Portland General Electric missed quarterly estimates with EPS of $0.47 vs. $0.59 expected and revenue of $889M, but issued FY2026 guidance of $3.33–$3.53; the company also declared a quarterly dividend of $0.525 (annual $2.10) with a 3.9% yield and an ex-dividend date of Mar. 23.
Portland General Electric Company (NYSE:POR - Get Free Report) EVP Benjamin Felton sold 4,969 shares of the company's stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $53.56, for a total value of $266,139.64. Following the transaction, the executive vice president directly owned 41,081 shares in the company, valued at $2,200,298.36. This represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Portland General Electric Price Performance
Shares of NYSE POR opened at $53.85 on Wednesday. Portland General Electric Company has a fifty-two week low of $39.54 and a fifty-two week high of $54.39. The company has a market cap of $6.22 billion, a PE ratio of 19.44, a P/E/G ratio of 3.06 and a beta of 0.66. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.08. The business has a 50-day simple moving average of $50.47 and a two-hundred day simple moving average of $47.34.
Portland General Electric (NYSE:POR - Get Free Report) last posted its quarterly earnings data on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.12). The company had revenue of $889.00 million for the quarter, compared to analyst estimates of $892.31 million. Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. During the same quarter last year, the company earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, equities analysts expect that Portland General Electric Company will post 3.21 EPS for the current fiscal year.
Portland General Electric Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 23rd will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 3.9%. The ex-dividend date is Monday, March 23rd. Portland General Electric's payout ratio is presently 75.81%.
Institutional Investors Weigh In On Portland General Electric
Hedge funds and other institutional investors have recently made changes to their positions in the company. Dean Capital Management purchased a new position in shares of Portland General Electric during the 4th quarter valued at approximately $3,801,000. Corient Private Wealth LLC grew its position in Portland General Electric by 10.1% during the fourth quarter. Corient Private Wealth LLC now owns 10,254 shares of the utilities provider's stock valued at $483,000 after buying an additional 943 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Portland General Electric by 14.1% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 82,296 shares of the utilities provider's stock valued at $3,949,000 after buying an additional 10,160 shares during the period. EP Wealth Advisors LLC purchased a new position in Portland General Electric in the fourth quarter valued at $593,000. Finally, Mackenzie Financial Corp raised its position in shares of Portland General Electric by 66.6% in the fourth quarter. Mackenzie Financial Corp now owns 114,810 shares of the utilities provider's stock worth $5,510,000 after acquiring an additional 45,887 shares during the period.
Wall Street Analysts Forecast Growth
POR has been the subject of a number of research analyst reports. Weiss Ratings lowered Portland General Electric from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, February 17th. Barclays increased 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. BTIG Research reiterated a "buy" rating and issued a $58.00 target price on shares of Portland General Electric in a research report on Friday, January 30th. UBS Group increased their price target on shares of Portland General Electric from $53.00 to $55.00 and gave the stock a "neutral" rating in a report on Thursday, February 19th. Finally, BMO Capital Markets restated a "market perform" rating and set a $55.00 price objective on shares of Portland General Electric in a research note on Thursday, February 19th. Two research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $50.17.
View Our Latest Stock Analysis on Portland General Electric
Portland General Electric Company Profile
(
Get Free Report)
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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