Benjamin Felton Sells 4,969 Shares of Portland General Electric (NYSE:POR) Stock

Portland General Electric Company (NYSE:POR) EVP Benjamin Felton sold 4,969 shares of the business’s stock in a transaction on Friday, February 27th. The stock was sold at an average price of $53.56, for a total value of $266,139.64. Following the completion of the transaction, the executive vice president directly owned 41,081 shares of the company’s stock, valued at approximately $2,200,298.36. This trade represents a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Portland General Electric Stock Up 0.6%

POR opened at $54.16 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.19. The firm has a market cap of $6.26 billion, a P/E ratio of 19.55, a PEG ratio of 3.05 and a beta of 0.66. Portland General Electric Company has a 52 week low of $39.54 and a 52 week high of $54.39. The business’s fifty day simple moving average is $50.60 and its 200 day simple moving average is $47.39.

Portland General Electric (NYSE:POR) last announced its earnings results on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.12). Portland General Electric had a net margin of 8.56% and a return on equity of 8.52%. The firm had revenue of $889.00 million during the quarter, compared to analyst estimates of $892.31 million. During the same period in the previous year, the firm posted $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, equities research analysts anticipate that Portland General Electric Company will post 3.21 EPS for the current fiscal year.

Portland General Electric Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 23rd will be given a dividend of $0.525 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.10 dividend on an annualized basis and a yield of 3.9%. Portland General Electric’s dividend payout ratio (DPR) is 75.81%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on POR. Weiss Ratings lowered Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, February 17th. LADENBURG THALM/SH SH reiterated a “sell” rating and set a $43.00 target price on shares of Portland General Electric in a research report on Thursday, December 4th. 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 note on Thursday, February 19th. Wells Fargo & Company lifted their price target on Portland General Electric from $45.00 to $49.00 and gave the company an “equal weight” rating in a report on Tuesday, January 20th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Portland General Electric has an average rating of “Hold” and a consensus price target of $50.17.

Hedge Funds Weigh In On Portland General Electric

A number of large investors have recently modified their holdings of POR. V Square Quantitative Management LLC acquired a new stake in Portland General Electric during the 4th quarter worth approximately $25,000. Private Trust Co. NA grew its stake 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 buying an additional 239 shares during the period. Root Financial Partners LLC purchased a new stake in Portland General Electric during the third quarter worth approximately $27,000. Johnson Financial Group Inc. acquired a new stake in shares of Portland General Electric in the third 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 acquiring an additional 324 shares during the period.

About Portland General Electric

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.