Portland General Electric Company $POR Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. decreased its holdings in Portland General Electric Company (NYSE:POR) by 3.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 935,987 shares of the utilities provider’s stock after selling 36,447 shares during the quarter. Victory Capital Management Inc. owned 0.83% of Portland General Electric worth $41,183,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. ATLAS Infrastructure Partners UK Ltd. increased its holdings in Portland General Electric by 24.1% during the 2nd quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock worth $221,810,000 after purchasing an additional 1,058,623 shares during the period. Norges Bank acquired a new position in shares of Portland General Electric during the second quarter worth about $41,554,000. Massachusetts Financial Services Co. MA grew its position in shares of Portland General Electric by 23.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,985,941 shares of the utilities provider’s stock worth $131,381,000 after buying an additional 564,379 shares in the last quarter. Covalis Capital LLP purchased a new stake in shares of Portland General Electric during the second quarter worth approximately $17,917,000. Finally, Boston Partners increased its stake in shares of Portland General Electric by 127.9% during the second quarter. Boston Partners now owns 766,362 shares of the utilities provider’s stock worth $31,139,000 after buying an additional 430,083 shares during the period.

Analysts Set New Price Targets

POR has been the subject of a number of recent research reports. JPMorgan Chase & Co. lifted their price target on shares of Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Loop Capital set a $48.00 price objective on shares of Portland General Electric in a research report on Tuesday, December 30th. Weiss Ratings lowered shares of Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, February 17th. UBS Group lifted their price objective on shares of Portland General Electric from $53.00 to $55.00 and gave the stock a “neutral” rating in a research report on Thursday, February 19th. Finally, Barclays boosted their target price on shares of Portland General Electric from $47.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 17th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $50.17.

Portland General Electric Stock Performance

Shares of POR opened at $53.37 on Friday. The company has a market capitalization of $6.17 billion, a price-to-earnings ratio of 19.27, a price-to-earnings-growth ratio of 3.02 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 company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.19. The stock has a 50 day moving average price of $50.83 and a 200 day moving average price of $47.55.

Portland General Electric (NYSE:POR) last issued its quarterly earnings data 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 return on equity of 8.52% and a net margin of 8.56%.The company had revenue of $889.00 million for the quarter, compared to analysts’ expectations of $892.31 million. During the same quarter in the prior year, the firm posted $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Research analysts predict that Portland General Electric Company will post 3.21 EPS for the current fiscal year.

Portland General Electric Announces Dividend

The business also recently disclosed 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. This represents a $2.10 annualized dividend and a yield of 3.9%. The ex-dividend date is Monday, March 23rd. Portland General Electric’s dividend payout ratio is currently 75.81%.

Insider Transactions at Portland General Electric

In other Portland General Electric news, EVP Benjamin Felton sold 4,969 shares of the firm’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $53.56, for a total transaction of $266,139.64. Following the transaction, the executive vice president 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.40% of the stock is owned by corporate insiders.

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.