Portland General Electric (NYSE:POR) Sees Strong Trading Volume After Analyst Upgrade

Portland General Electric Company (NYSE:POR) shares saw unusually-strong trading volume on Wednesday after Barclays raised their price target on the stock from $47.00 to $53.00. Barclays currently has an equal weight rating on the stock. Approximately 2,874,266 shares were traded during trading, an increase of 180% from the previous session’s volume of 1,027,020 shares.The stock last traded at $50.7820 and had previously closed at $52.56.

Several other research analysts also recently issued reports on POR. Mizuho set a $47.00 price target on shares of Portland General Electric in a report on Monday, November 3rd. BTIG Research reissued a “buy” rating and set a $58.00 price objective on shares of Portland General Electric in a report on Friday, January 30th. BMO Capital Markets reaffirmed a “market perform” rating on shares of Portland General Electric in a report on Tuesday, December 30th. Wells Fargo & Company increased their target price on Portland General Electric from $45.00 to $49.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 20th. Finally, Jefferies Financial Group lifted their price target on Portland General Electric from $43.00 to $46.00 and gave the company a “hold” rating in a research note on Wednesday, October 22nd. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Portland General Electric presently has an average rating of “Hold” and a consensus target price of $48.92.

Key Headlines Impacting Portland General Electric

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

• Positive Sentiment: Announced acquisition of PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion — expands PGE’s footprint (adds ~140k customers and multiple wind and gas plants), increases regulated rate base and gives scale for growth. PacifiCorp sale BusinessWire
• Positive Sentiment: Company initiated 2026 adjusted EPS guidance of $3.33–$3.53 and reaffirmed long‑term EPS growth of 5–7%; also announced agreements to build ~615 MW of solar + battery projects (425 MW company‑owned) — supports medium‑term earnings trajectory. PR Newswire acquisition and guidance
• Neutral Sentiment: Analyst note: Barclays raised its price target to $53 (equal‑weight) — a modest vote of confidence but not an upgrade to outperform, indicating mixed analyst reaction. Benzinga note on Barclays
• Negative Sentiment: Launched and priced a sizable equity offering — a $480 million underwritten public offering was announced and the company priced 9,467,455 shares at $50.70 in connection with forward sale agreements — increasing near‑term share supply and dilution that likely pressured the stock. PR Newswire $480M offering
• Negative Sentiment: Q4 results missed estimates: reported EPS of $0.47 vs. consensus ~$0.72 and slightly below revenue expectations — the miss and weaker seasonal weather impact were cited on the call and weigh on near‑term sentiment. MarketBeat Q4 summary & links
• Negative Sentiment: Operational/legal headwinds flagged: reporting includes a data‑center cost dispute and potential dividend trade‑offs, which could pressure cash flow or capital allocation decisions. Yahoo Finance on data center dispute

Institutional Trading of Portland General Electric

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Portland General Electric by 4.1% in the 4th quarter. Vanguard Group Inc. now owns 13,020,573 shares of the utilities provider’s stock worth $624,857,000 after purchasing an additional 513,517 shares during the period. ATLAS Infrastructure Partners UK Ltd. increased its position in shares of Portland General Electric by 24.1% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock worth $221,810,000 after buying an additional 1,058,623 shares during the period. State Street Corp raised its stake in Portland General Electric by 3.4% during the fourth quarter. State Street Corp now owns 4,728,784 shares of the utilities provider’s stock worth $229,333,000 after buying an additional 156,164 shares during the last quarter. Clearbridge Investments LLC raised its stake in Portland General Electric by 1,342.7% during the fourth 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 last quarter. Finally, AQR Capital Management LLC lifted its holdings in Portland General Electric by 42.2% in the fourth quarter. AQR Capital Management LLC now owns 3,551,731 shares of the utilities provider’s stock valued at $170,448,000 after buying an additional 1,054,450 shares during the period.

Portland General Electric Stock Down 3.3%

The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.25. The stock’s 50-day simple moving average is $49.48 and its 200 day simple moving average is $46.59. The firm has a market cap of $5.72 billion, a P/E ratio of 18.47, a PEG ratio of 4.73 and a beta of 0.67.

Portland General Electric (NYSE:POR) last posted its quarterly earnings data on Friday, February 20th. The utilities provider reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.25). The business had revenue of $889.00 million during the quarter, compared to the consensus estimate of $892.31 million. Portland General Electric had a return on equity of 8.32% and a net margin of 8.63%.During the same period last year, the business posted $0.36 earnings per share. As a group, research analysts forecast that Portland General Electric Company will post 3.21 EPS for the current fiscal year.

Portland General Electric Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 23rd will be paid a $0.525 dividend. The ex-dividend date of this dividend is Monday, March 23rd. This represents a $2.10 annualized dividend and a yield of 4.1%. Portland General Electric’s payout ratio is 76.36%.

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.