Quantbot Technologies LP Sells 14,188 Shares of Portland General Electric Company $POR

Quantbot Technologies LP lowered its stake in shares of Portland General Electric Company (NYSE:POR) by 22.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 48,923 shares of the utilities provider’s stock after selling 14,188 shares during the quarter. Quantbot Technologies LP’s holdings in Portland General Electric were worth $2,153,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of POR. Root Financial Partners LLC purchased a new stake in shares of Portland General Electric in the third quarter valued at $27,000. Bell Investment Advisors Inc grew its holdings in Portland General Electric by 80.6% during the 2nd quarter. Bell Investment Advisors Inc now owns 829 shares of the utilities provider’s stock valued at $34,000 after purchasing an additional 370 shares during the last quarter. Clearstead Advisors LLC raised its position in Portland General Electric by 206.8% in the 3rd quarter. Clearstead Advisors LLC now owns 856 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 577 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Portland General Electric in the second quarter worth about $51,000. Finally, Smartleaf Asset Management LLC boosted its position in shares of Portland General Electric by 35.1% during the third quarter. Smartleaf Asset Management LLC now owns 1,243 shares of the utilities provider’s stock valued at $54,000 after buying an additional 323 shares during the period.

Insider Transactions at Portland General Electric

In other news, EVP Benjamin Felton sold 4,969 shares of Portland General Electric stock in a transaction on Friday, February 27th. The stock was 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 approximately $2,200,298.36. This trade represents a 10.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

POR has been the topic of several recent analyst reports. Weiss Ratings downgraded Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. JPMorgan Chase & Co. increased their target price on Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. LADENBURG THALM/SH SH reissued a “sell” rating and set a $43.00 target price on shares of Portland General Electric in a research note on Thursday, December 4th. Wells Fargo & Company upped their price target on shares of Portland General Electric from $45.00 to $49.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 20th. Finally, UBS Group lifted their price objective on shares of Portland General Electric from $53.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Two research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $50.17.

Portland General Electric Stock Down 0.2%

Shares of Portland General Electric stock opened at $53.85 on Wednesday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.08 and a quick ratio of 0.95. The stock has a market cap of $6.22 billion, a price-to-earnings ratio of 19.44, a PEG ratio of 3.06 and a beta of 0.66. The firm’s 50-day moving average is $50.47 and its two-hundred day moving average is $47.34. Portland General Electric Company has a 1 year low of $39.54 and a 1 year high of $54.39.

Portland General Electric (NYSE:POR) last posted its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.47 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.12). Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. The business had revenue of $889.00 million during the quarter, compared to the consensus estimate of $892.31 million. During the same quarter in the prior year, the firm posted $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, research analysts expect that Portland General Electric Company will post 3.21 earnings per share for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 23rd will be issued a dividend of $0.525 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.10 dividend on an annualized basis and a yield of 3.9%. Portland General Electric’s dividend payout ratio is currently 75.81%.

Portland General Electric Company Profile

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.