Dean Capital Management trimmed its position in Portland General Electric Company (NYSE:POR – Free Report) by 13.8% in the first quarter, HoldingsChannel.com reports. The firm owned 68,296 shares of the utilities provider’s stock after selling 10,911 shares during the period. Portland General Electric comprises 1.5% of Dean Capital Management’s investment portfolio, making the stock its 9th largest holding. Dean Capital Management’s holdings in Portland General Electric were worth $3,604,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Assenagon Asset Management S.A. acquired a new stake in shares of Portland General Electric during the 4th quarter valued at about $3,662,000. Sterling Capital Management LLC increased its stake in Portland General Electric by 18.8% in the first quarter. Sterling Capital Management LLC now owns 127,496 shares of the utilities provider’s stock valued at $6,728,000 after acquiring an additional 20,147 shares during the period. GSA Capital Partners LLP increased its stake in Portland General Electric by 683.5% in the fourth quarter. GSA Capital Partners LLP now owns 43,282 shares of the utilities provider’s stock valued at $2,077,000 after acquiring an additional 37,758 shares during the period. LSV Asset Management raised its position in 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 purchasing an additional 203,400 shares in the last quarter. Finally, Jennison Associates LLC acquired a new position in Portland General Electric in the fourth quarter worth about $897,000.
Insiders Place Their Bets
In other Portland General Electric news, Director Robert N. Hoglund purchased 2,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average cost of $48.80 per share, with a total value of $97,600.00. Following the completion of the acquisition, the director directly owned 2,519 shares of the company’s stock, valued at $122,927.20. This represents a 385.36% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Juan Diego Gallegos sold 2,750 shares of Portland General Electric stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $48.67, for a total value of $133,842.50. Following the completion of the transaction, the vice president directly owned 12,127 shares of the company’s stock, valued at $590,221.09. This represents a 18.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.52% of the company’s stock.
Portland General Electric News Summary
- 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
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on POR shares. BMO Capital Markets decreased their price objective on Portland General Electric from $55.00 to $54.00 and set a “market perform” rating on the stock in a report on Wednesday. Wells Fargo & Company set a $51.00 target price on Portland General Electric in a report on Tuesday, April 21st. JPMorgan Chase & Co. raised their target price on Portland General Electric from $51.00 to $54.00 and gave the stock a “neutral” rating in a research report on Monday, April 20th. Zacks Research lowered Portland General Electric from a “hold” rating to a “strong sell” rating in a research note on Monday, July 6th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Portland General Electric in a research note on Friday, May 15th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Portland General Electric presently has an average rating of “Reduce” and an average price target of $50.90.
Read Our Latest Stock Analysis on POR
Portland General Electric Stock Performance
NYSE POR opened at $52.03 on Monday. Portland General Electric Company has a 1-year low of $39.85 and a 1-year high of $54.62. The company has a 50 day moving average of $51.07 and a 200-day moving average of $51.28. The company has a current ratio of 1.09, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The firm has a market cap of $6.02 billion, a price-to-earnings ratio of 23.23, a PEG ratio of 2.19 and a beta of 0.52.
Portland General Electric (NYSE:POR – Get Free Report) last announced its earnings results on Thursday, April 30th. The utilities provider reported $0.58 EPS for the quarter, missing the consensus estimate of $0.77 by ($0.19). The business had revenue of $879.00 million during the quarter, compared to analyst estimates of $953.24 million. Portland General Electric had a return on equity of 7.57% and a net margin of 7.12%.The firm’s revenue was down 5.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.91 earnings per share. On average, equities analysts forecast that Portland General Electric Company will post 3.39 earnings per share for the current fiscal year.
Portland General Electric Dividend Announcement
The firm 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. The ex-dividend date of this dividend is Friday, September 25th. This represents a $2.21 dividend on an annualized basis and a yield of 4.2%. Portland General Electric’s payout ratio is currently 98.21%.
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.
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