Portland General Electric (NYSE:POR) CFO Joseph Trpik, Jr. Sells 7,500 Shares

Portland General Electric Company (NYSE:POR) CFO Joseph Trpik, Jr. sold 7,500 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $49.03, for a total value of $367,725.00. Following the completion of the transaction, the chief financial officer owned 31,897 shares in the company, valued at $1,563,909.91. The trade was a 19.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Portland General Electric Stock Down 0.3%

Shares of POR opened at $48.48 on Friday. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 2.03 and a beta of 0.54. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.09. The business’s fifty day moving average price is $52.33 and its two-hundred day moving average price is $50.27. Portland General Electric Company has a 52 week low of $39.54 and a 52 week high of $54.62.

Portland General Electric (NYSE:POR) last announced its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.58 EPS for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.19). The firm had revenue of $879.00 million during the quarter, compared to the consensus estimate of $953.24 million. Portland General Electric had a net margin of 7.12% and a return on equity of 7.57%. The firm’s quarterly revenue was down 5.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.91 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, analysts predict that Portland General Electric Company will post 3.4 earnings per share for the current year.

Portland General Electric Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Thursday, June 25th will be given a $0.5513 dividend. The ex-dividend date is Thursday, June 25th. This represents a $2.21 annualized dividend and a dividend yield of 4.5%. This is an increase from Portland General Electric’s previous quarterly dividend of $0.53. Portland General Electric’s dividend payout ratio is 93.75%.

Institutional Trading of Portland General Electric

Several hedge funds have recently added to or reduced their stakes in POR. V Square Quantitative Management LLC acquired a new stake in Portland General Electric during the 4th quarter worth $25,000. Private Trust Co. NA raised its stake in Portland General Electric by 76.4% during the 4th quarter. Private Trust Co. NA now owns 552 shares of the utilities provider’s stock worth $26,000 after buying an additional 239 shares during the period. Root Financial Partners LLC acquired a new stake in Portland General Electric during the 3rd quarter worth $27,000. Johnson Financial Group Inc. acquired a new stake in Portland General Electric during the 3rd quarter worth $27,000. Finally, Rothschild Investment LLC raised its stake in shares of Portland General Electric by 112.9% in the 4th quarter. Rothschild Investment LLC now owns 611 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 324 shares during the period.

Analyst Ratings Changes

Several research firms have recently issued reports on POR. Wells Fargo & Company set a $51.00 price target on Portland General Electric in a research report on Tuesday, April 21st. Weiss Ratings lowered Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. BTIG Research restated a “buy” rating and issued a $58.00 price target on shares of Portland General Electric in a research report on Friday, January 30th. Barclays raised their price target on Portland General Electric from $47.00 to $53.00 and gave the stock an “equal weight” rating in a research report on Tuesday, February 17th. Finally, UBS Group raised their price target 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. One investment analyst has rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $51.00.

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.