SummitTX Capital L.P. Invests $7.20 Million in Portland General Electric Company $POR

SummitTX Capital L.P. bought a new position in Portland General Electric Company (NYSE:POR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 136,388 shares of the utilities provider’s stock, valued at approximately $7,197,000.

A number of other institutional investors and hedge funds also recently modified their holdings of POR. Assenagon Asset Management S.A. purchased a new position in Portland General Electric in the 4th quarter worth about $3,662,000. Sterling Capital Management LLC lifted its stake in Portland General Electric by 18.8% during the first quarter. Sterling Capital Management LLC now owns 127,496 shares of the utilities provider’s stock valued at $6,728,000 after buying an additional 20,147 shares in the last quarter. GSA Capital Partners LLP lifted its stake in Portland General Electric by 683.5% during the fourth quarter. GSA Capital Partners LLP now owns 43,282 shares of the utilities provider’s stock valued at $2,077,000 after buying an additional 37,758 shares in the last quarter. Jennison Associates LLC acquired a new position in shares of Portland General Electric in the fourth quarter worth about $897,000. Finally, LSV Asset Management boosted its holdings in shares of Portland General Electric by 34.1% in the fourth quarter. LSV Asset Management now owns 799,147 shares of the utilities provider’s stock worth $38,351,000 after buying an additional 203,400 shares during the period.

Analysts Set New Price Targets

Several research firms have recently weighed in on POR. JPMorgan Chase & Co. lifted their target price on shares of Portland General Electric from $51.00 to $54.00 and gave the stock a “neutral” rating in a research report on Monday, April 20th. BMO Capital Markets reduced their price target on shares of Portland General Electric from $55.00 to $54.00 and set a “market perform” rating for the company in a research report on Wednesday. Zacks Research lowered shares of Portland General Electric from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Wells Fargo & Company set a $51.00 price objective on shares of Portland General Electric in a research report on Tuesday, April 21st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Portland General Electric in a report on Friday, May 15th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Portland General Electric has a consensus rating of “Reduce” and a consensus price target of $50.90.

Portland General Electric Trading Down 0.0%

NYSE:POR opened at $52.03 on Monday. The stock has a market cap of $6.02 billion, a PE ratio of 23.23, a price-to-earnings-growth ratio of 2.19 and a beta of 0.52. Portland General Electric Company has a fifty-two week low of $39.85 and a fifty-two week high of $54.62. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.09 and a quick ratio of 0.95. The stock’s 50-day moving average is $51.07 and its two-hundred day moving average is $51.28.

Portland General Electric (NYSE:POR) last posted its quarterly earnings results on Thursday, April 30th. The utilities provider reported $0.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.19). The company had revenue of $879.00 million during the quarter, compared to analysts’ expectations of $953.24 million. Portland General Electric had a return on equity of 7.57% and a net margin of 7.12%.Portland General Electric’s revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the company earned $0.91 earnings per share. As a group, equities research analysts forecast that Portland General Electric Company will post 3.39 earnings per share for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Friday, September 25th will be paid a $0.5513 dividend. This represents a $2.21 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, September 25th. Portland General Electric’s dividend payout ratio is currently 98.21%.

Insiders Place Their Bets

In related news, Director Robert N. Hoglund bought 2,000 shares of the business’s stock in a transaction on Monday, May 11th. The stock was bought at an average price of $48.80 per share, for a total transaction of $97,600.00. Following the transaction, the director directly owned 2,519 shares in the company, valued at $122,927.20. This represents a 385.36% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Juan Diego Gallegos sold 2,750 shares of Portland General Electric stock in a transaction on Friday, May 8th. The shares were sold at an average price of $48.67, for a total transaction of $133,842.50. Following the sale, the vice president directly owned 12,127 shares of the company’s stock, valued at $590,221.09. This trade represents a 18.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.52% of the company’s stock.

Key Headlines Impacting Portland General Electric

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

• Positive Sentiment: KeyCorp raised its Q3 2026 earnings estimate for Portland General Electric to $1.26 per share from $1.08, suggesting stronger near-term profitability expectations. MarketBeat POR report
• Neutral Sentiment: Analysts expect Portland General Electric to report earnings on Friday, putting the company in the spotlight ahead of the quarterly update. Portland General Electric (POR) Projected to Post Earnings on Friday
• Neutral Sentiment: Hot weather has contributed to widespread power outages across the Portland metro area, highlighting near-term operational strain but also underscoring elevated electricity demand. Over 8,000 without power in Portland metro as temps near 100 degrees
• Neutral Sentiment: PGE customers experienced additional outages in Goose Hollow, SW Portland, and Tigard during the heat wave, which may increase scrutiny of grid reliability. Thousands of PGE customers lose power across Portland metro area amid hot weather
• Neutral Sentiment: Workers at PGE’s Tualatin power grid operations center may strike starting Aug. 2, creating a potential labor disruption risk if negotiations fail. Workers at PGE’s Tualatin power grid operation center may go on strike starting Aug. 2, union says
• Negative Sentiment: KeyCorp trimmed Q2 2026 EPS estimates to $0.63 from $0.69, and also nudged FY2026 and FY2029 forecasts slightly lower, reinforcing worries about earnings growth. MarketBeat POR report
• Negative Sentiment: Zacks flagged that Portland General Electric may be headed for a year-over-year earnings decline in its upcoming report, which could weigh on the shares if results disappoint. Analysts Estimate Portland General Electric (POR) to Report a Decline in Earnings: What to Look Out for

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.