Pacific Gas & Electric (NYSE:PCG) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen downgraded shares of Pacific Gas & Electric (NYSE:PCG) from a buy rating to a hold rating in a research report released on Saturday.

Several other research firms have also recently commented on PCG. TD Cowen reiterated a “buy” rating on shares of Pacific Gas & Electric in a research note on Thursday, December 4th. Morgan Stanley reiterated an “underperform” rating on shares of Pacific Gas & Electric in a research note on Wednesday, January 21st. JPMorgan Chase & Co. decreased their price objective on shares of Pacific Gas & Electric from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, December 12th. Mizuho set a $21.00 target price on shares of Pacific Gas & Electric in a research report on Wednesday, January 21st. Finally, Jefferies Financial Group reduced their price target on shares of Pacific Gas & Electric from $21.00 to $20.00 and set a “buy” rating on the stock in a research report on Wednesday, January 28th. Seven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $20.55.

Pacific Gas & Electric Stock Up 3.2%

Shares of Pacific Gas & Electric stock opened at $18.13 on Friday. Pacific Gas & Electric has a 1-year low of $12.97 and a 1-year high of $18.20. The company has a market capitalization of $39.84 billion, a PE ratio of 15.36, a P/E/G ratio of 0.70 and a beta of 0.36. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.89. The business has a 50-day moving average of $15.75 and a 200-day moving average of $15.65.

Pacific Gas & Electric (NYSE:PCG) last released its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.36 EPS for the quarter, hitting the consensus estimate of $0.36. Pacific Gas & Electric had a return on equity of 11.40% and a net margin of 10.84%.The business had revenue of $6.80 billion for the quarter, compared to analysts’ expectations of $7.05 billion. During the same quarter in the previous year, the firm posted $0.31 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. As a group, equities analysts forecast that Pacific Gas & Electric will post 1.49 EPS for the current fiscal year.

Pacific Gas & Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, December 31st. This is an increase from Pacific Gas & Electric’s previous quarterly dividend of $0.03. Pacific Gas & Electric’s payout ratio is 16.95%.

Institutional Investors Weigh In On Pacific Gas & Electric

A number of institutional investors have recently modified their holdings of PCG. Mediolanum International Funds Ltd boosted its holdings in shares of Pacific Gas & Electric by 49.9% during the third quarter. Mediolanum International Funds Ltd now owns 947,127 shares of the utilities provider’s stock valued at $14,264,000 after acquiring an additional 315,133 shares during the period. Quinn Opportunity Partners LLC boosted its stake in Pacific Gas & Electric by 510.0% during the 2nd quarter. Quinn Opportunity Partners LLC now owns 960,456 shares of the utilities provider’s stock valued at $13,389,000 after purchasing an additional 803,000 shares during the period. Geode Capital Management LLC boosted its stake in Pacific Gas & Electric by 3.0% during the 2nd quarter. Geode Capital Management LLC now owns 58,079,843 shares of the utilities provider’s stock valued at $819,447,000 after purchasing an additional 1,676,093 shares during the period. Rhumbline Advisers grew its position in Pacific Gas & Electric by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 4,497,447 shares of the utilities provider’s stock worth $62,694,000 after purchasing an additional 189,353 shares during the last quarter. Finally, Strs Ohio increased its stake in shares of Pacific Gas & Electric by 23.6% in the second quarter. Strs Ohio now owns 1,174,404 shares of the utilities provider’s stock valued at $16,371,000 after purchasing an additional 223,904 shares during the period. Institutional investors own 78.56% of the company’s stock.

More Pacific Gas & Electric News

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

• Positive Sentiment: Company tightened its 2026 profit outlook citing stronger power demand, raising the lower end of FY26 adjusted EPS guidance (management set FY26 EPS at 1.640–1.660). This guidance lift and demand commentary is a key driver of today’s upside. Utility PG&E tightens 2026 profit forecast
• Positive Sentiment: Analyst support and price targets skew positive (multiple buy/overweight ratings and median 6‑month targets around $21), which can bolster investor sentiment and multiple expansion. PG&E ($PCG) Releases Q4 2025 Earnings
• Positive Sentiment: Q4 EPS of $0.36 met consensus and improved year-over-year (from $0.31), and operating metrics (net margin, ROE) showed improvement — supports the narrative of steady earnings power. PG&E Q4 Earnings in Line With Estimates
• Neutral Sentiment: Unusually heavy call-option buying was observed (≈45,532 calls, a ~77% increase vs. typical volume), signaling speculative or hedged bullish positioning by some traders but not a guaranteed directional signal.
• Neutral Sentiment: Company released earnings slide deck and full call transcripts — useful for modeling but not new fundamental news. PG&E Q4 2025 Earnings Call Transcript
• Negative Sentiment: Reported revenue missed Street estimates (~$6.80B vs. ~$7.05B consensus), and GAAP profit fell year-over-year; top-line weakness tempers the EPS beat narrative and could constrain upside. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: Large institutional reductions (notably Capital Research and Capital International trimming sizeable stakes) were reported, which may increase share supply pressure or signal some investors taking profits/rotating. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: PG&E warned of a powerful winter storm and pre-positioned crews — operational readiness reduces near-term safety risk but severe weather raises the prospect of customer outages, repair costs and regulatory scrutiny if service is disrupted. Ahead of Winter Storm, PG&E Mobilizes Crews

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.