Strs Ohio Raises Holdings in Portland General Electric Company $POR

Strs Ohio lifted its position in shares of Portland General Electric Company (NYSE:POR) by 287.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 30,600 shares of the utilities provider’s stock after acquiring an additional 22,700 shares during the quarter. Strs Ohio’s holdings in Portland General Electric were worth $1,468,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in POR. Sigma Planning Corp lifted its holdings in Portland General Electric by 3.9% during the fourth quarter. Sigma Planning Corp now owns 5,663 shares of the utilities provider’s stock valued at $272,000 after purchasing an additional 210 shares during the last quarter. Private Trust Co. NA boosted its position in Portland General Electric by 76.4% during the fourth quarter. Private Trust Co. NA now owns 552 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 239 shares during the period. OneDigital Investment Advisors LLC increased its stake in shares of Portland General Electric by 3.1% in the third quarter. OneDigital Investment Advisors LLC now owns 8,309 shares of the utilities provider’s stock worth $366,000 after purchasing an additional 248 shares in the last quarter. Johnson Investment Counsel Inc. increased its stake in shares of Portland General Electric by 0.8% in the third quarter. Johnson Investment Counsel Inc. now owns 38,563 shares of the utilities provider’s stock worth $1,697,000 after purchasing an additional 302 shares in the last quarter. Finally, Smartleaf Asset Management LLC raised its position in shares of Portland General Electric by 35.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,243 shares of the utilities provider’s stock valued at $54,000 after purchasing an additional 323 shares during the period.

Insider Activity at Portland General Electric

In other news, EVP Benjamin Felton sold 4,969 shares of the company’s stock in a transaction on 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 owned 41,081 shares of the company’s stock, valued at approximately $2,200,298.36. This represents a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.52% of the stock is owned by company insiders.

Portland General Electric Trading Down 0.4%

Shares of Portland General Electric stock opened at $48.90 on Thursday. Portland General Electric Company has a 12-month low of $39.54 and a 12-month high of $54.62. The company has a market cap of $5.66 billion, a price-to-earnings ratio of 21.83, a PEG ratio of 2.05 and a beta of 0.54. The company has a current ratio of 1.09, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The company’s 50-day moving average price is $52.43 and its 200-day moving average price is $50.24.

Portland General Electric (NYSE:POR) last issued its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.58 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.19). The firm had revenue of $879.00 million for the quarter, compared to analysts’ expectations of $953.24 million. Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. Portland General Electric’s revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.91 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, equities 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 company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Thursday, June 25th will be issued a $0.5513 dividend. This represents a $2.21 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend is Thursday, June 25th. This is a positive change from Portland General Electric’s previous quarterly dividend of $0.53. Portland General Electric’s payout ratio is 93.75%.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. BMO Capital Markets restated a “market perform” rating and set a $55.00 price target on shares of Portland General Electric in a research note on Thursday, February 19th. JPMorgan Chase & Co. lifted their price objective on shares of Portland General Electric from $51.00 to $54.00 and gave the company a “neutral” rating in a research note on Monday, April 20th. Wells Fargo & Company set a $51.00 target price on shares of Portland General Electric in a report on Tuesday, April 21st. UBS Group increased their target price on Portland General Electric from $53.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Finally, Weiss Ratings lowered Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Portland General Electric presently has a consensus rating of “Hold” and a consensus target price of $51.00.

Portland General Electric 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.