UBS Group Cuts Portland General Electric (NYSE:POR) Price Target to $50.00

Portland General Electric (NYSE:POR) had its price objective cut by UBS Group from $53.00 to $50.00 in a research note issued to investors on Monday,Benzinga reports. They currently have a neutral rating on the utilities provider’s stock.

Several other equities analysts have also issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Portland General Electric from $56.00 to $53.00 and set a “neutral” rating on the stock in a report on Wednesday, September 9th. Weiss Ratings lowered Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, August 27th. Zacks Research raised Portland General Electric from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. BMO Capital Markets set a $52.00 target price on Portland General Electric in a research note on Tuesday, August 4th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Portland General Electric in a research report on Thursday, September 24th. Two analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $50.15.

Portland General Electric Stock Performance

POR stock opened at $44.70 on Monday. Portland General Electric has a one year low of $42.58 and a one year high of $54.62. The firm has a market cap of $5.26 billion, a price-to-earnings ratio of 19.69, a PEG ratio of 1.92 and a beta of 0.51. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.98. The firm has a 50-day simple moving average of $48.93 and a two-hundred day simple moving average of $50.44.

Portland General Electric (NYSE:POR) last issued its quarterly earnings data on Thursday, July 30th. The utilities provider reported $0.64 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.01). Portland General Electric had a return on equity of 7.47% and a net margin of 7.27%.The firm had revenue of $814.00 million during the quarter, compared to analysts’ expectations of $839.75 million. During the same period in the previous year, the firm earned $0.66 EPS. The firm’s quarterly revenue was up .9% on a year-over-year basis. On average, equities analysts forecast that Portland General Electric will post 3.39 EPS for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 25th will be issued a $0.5513 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a $2.21 dividend on an annualized basis and a dividend yield of 4.9%. Portland General Electric’s dividend payout ratio (DPR) is currently 96.92%.

Insider Activity at Portland General Electric

In other news, Director Michael Lewis sold 1,537 shares of Portland General Electric stock in a transaction on Monday, July 27th. The shares were sold at an average price of $51.83, for a total transaction of $79,662.71. Following the completion of the sale, the director directly owned 15,045 shares in the company, valued at approximately $779,782.35. The trade was a 9.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.52% of the company’s stock.

Hedge Funds Weigh In On Portland General Electric

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in POR. Clearbridge Investments LLC increased its holdings in Portland General Electric by 1,342.7% in the 4th quarter. Clearbridge Investments LLC now owns 4,643,134 shares of the utilities provider’s stock worth $222,824,000 after buying an additional 4,321,305 shares during the period. BlackRock Inc. raised its position in Portland General Electric by 7.4% during the 2nd quarter. BlackRock Inc. now owns 18,719,655 shares of the utilities provider’s stock worth $970,240,000 after buying an additional 1,292,219 shares during the last quarter. Norges Bank acquired a new stake in Portland General Electric during the 4th quarter valued at approximately $56,497,000. Allianz Asset Management GmbH lifted its stake in Portland General Electric by 3,222.3% during the 2nd quarter. Allianz Asset Management GmbH now owns 685,133 shares of the utilities provider’s stock valued at $35,510,000 after acquiring an additional 664,511 shares during the period. Finally, Bank of America Corp DE boosted its holdings in shares of Portland General Electric by 60.6% in the 1st quarter. Bank of America Corp DE now owns 1,660,446 shares of the utilities provider’s stock valued at $87,622,000 after acquiring an additional 626,223 shares during the last quarter.

Portland General Electric News Summary

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: KeyCorp modestly raised its FY2026 EPS forecast to $3.42 from $3.41 and its FY2029 forecast to $4.09 from $4.03. However, the firm maintained a “Sector Weight” rating, limiting the bullish impact.
• Neutral Sentiment: Portland General Electric halted its proposed holding-company restructuring after Oregon regulators imposed conditions the company viewed as overly strict. The decision may reduce near-term execution and regulatory risks, but it also removes a potential strategic initiative. Portland General Electric halts holding company restructuring plan
• Negative Sentiment: BMO Capital Markets cut its price target from $52 to $47 and assigned a “Market Perform” rating. Although the new target implies roughly 5.2% upside, the reduction signals less confidence in POR’s near-term valuation.
• Negative Sentiment: UBS Group also lowered its price target, adding to the recent analyst pressure. A separate report attributed a roughly 6.5% stock decline to an analyst downgrade, suggesting the revisions are having a direct effect on trading sentiment. Portland General Electric stock price target cut by UBS Group
• Negative Sentiment: Portland General Electric faces conditions on an $83 million order, creating additional regulatory uncertainty and potentially increasing compliance or execution costs. Portland General Electric faces conditions on $83 million order
• Negative Sentiment: A customer-billing report said hundreds of customers may have experienced missing solar credits. While likely limited financially, the issue could create reputational and regulatory concerns. Missing solar credits affect PGE customers

About Portland General Electric

Portland General Electric Company (NYSE: POR) is an investor-owned electric utility headquartered in Portland, Oregon. Founded in 1889, the company generates, purchases, transmits, distributes and sells electricity to residential, commercial and industrial customers throughout much of Oregon.

Portland General Electric operates a diverse energy portfolio that includes hydroelectric, wind, solar, natural gas and other resources, while also purchasing electricity through wholesale markets and power agreements.