Ontario Teachers Pension Plan Board Makes New Investment in Portland General Electric Company $POR

Ontario Teachers Pension Plan Board purchased a new stake in Portland General Electric Company (NYSE:POR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 114,973 shares of the utilities provider’s stock, valued at approximately $5,059,000. Ontario Teachers Pension Plan Board owned 0.10% of Portland General Electric as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. ATLAS Infrastructure Partners UK Ltd. raised its holdings in Portland General Electric by 24.1% in 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 acquiring an additional 1,058,623 shares during the period. State Street Corp grew its position in shares of Portland General Electric by 2.4% in the second quarter. State Street Corp now owns 4,551,369 shares of the utilities provider’s stock valued at $187,200,000 after purchasing an additional 107,717 shares during the last quarter. Massachusetts Financial Services Co. MA increased its stake in shares of Portland General Electric by 23.3% in 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 purchasing an additional 564,379 shares during the period. Geode Capital Management LLC increased its stake in shares of Portland General Electric by 4.2% in the second quarter. Geode Capital Management LLC now owns 2,764,380 shares of the utilities provider’s stock worth $112,337,000 after purchasing an additional 110,567 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Portland General Electric by 7.3% during the 2nd quarter. Invesco Ltd. now owns 2,449,960 shares of the utilities provider’s stock worth $99,542,000 after purchasing an additional 167,447 shares during the last quarter.

Portland General Electric Stock Down 3.0%

Shares of POR stock opened at $51.00 on Thursday. Portland General Electric Company has a one year low of $39.54 and a one year high of $54.39. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.08 and a quick ratio of 0.95. The stock has a fifty day moving average price of $49.55 and a 200 day moving average price of $46.62. The stock has a market cap of $5.74 billion, a P/E ratio of 18.41, a price-to-earnings-growth ratio of 4.55 and a beta of 0.67.

Portland General Electric (NYSE:POR) last announced its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.12). 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 net margin of 8.56% and a return on equity of 8.66%. During the same period last year, the firm earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Analysts predict that Portland General Electric Company will post 3.21 earnings per share for the current 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 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 4.1%. Portland General Electric’s dividend payout ratio (DPR) is currently 76.36%.

Analyst Upgrades and Downgrades

POR has been the topic of a number of research analyst reports. Weiss Ratings lowered Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday. JPMorgan Chase & Co. raised their price objective 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. 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 report on Tuesday. UBS Group cut their target price on shares of Portland General Electric from $51.00 to $49.00 and set a “neutral” rating for the company in a research note on Wednesday, December 17th. Finally, BMO Capital Markets restated a “market perform” rating on shares of Portland General Electric in a research report on Thursday. Two investment 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 stock currently has an average rating of “Hold” and a consensus price target of $48.92.

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.