Pacific Gas & Electric Sees Unusually High Options Volume (NYSE:PCG)

Pacific Gas & Electric Co. (NYSE:PCG) saw some unusual options trading on Thursday. Traders bought 45,532 call options on the company. This represents an increase of approximately 77% compared to the typical volume of 25,797 call options.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Root Financial Partners LLC purchased a new stake in Pacific Gas & Electric during the 3rd quarter valued at approximately $27,000. Versant Capital Management Inc boosted its position in shares of Pacific Gas & Electric by 826.2% during the third quarter. Versant Capital Management Inc now owns 1,945 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 1,735 shares during the last quarter. Torren Management LLC purchased a new position in Pacific Gas & Electric during the fourth quarter valued at $33,000. Cornerstone Planning Group LLC grew its stake in Pacific Gas & Electric by 3,240.8% during the third quarter. Cornerstone Planning Group LLC now owns 2,372 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 2,301 shares in the last quarter. Finally, Modus Advisors LLC bought a new stake in Pacific Gas & Electric in the 4th quarter valued at $36,000. 78.56% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

PCG has been the subject of a number of recent research reports. Mizuho set a $21.00 price target on Pacific Gas & Electric in a research note on Wednesday, January 21st. Wells Fargo & Company boosted their target price on shares of Pacific Gas & Electric from $23.00 to $24.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pacific Gas & Electric in a report on Monday, December 29th. Wall Street Zen upgraded shares of Pacific Gas & Electric from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Pacific Gas & Electric from $22.00 to $21.00 and set an “overweight” rating for the company in a research report on Friday, December 12th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Pacific Gas & Electric has an average rating of “Hold” and an average target price of $20.55.

Pacific Gas & Electric Stock Performance

PCG opened at $17.56 on Friday. The company has a 50 day simple moving average of $15.69 and a two-hundred day simple moving average of $15.61. The company has a debt-to-equity ratio of 1.81, a current ratio of 0.94 and a quick ratio of 0.89. The firm has a market cap of $38.59 billion, a P/E ratio of 14.75, a PEG ratio of 0.66 and a beta of 0.36. Pacific Gas & Electric has a 1-year low of $12.97 and a 1-year high of $17.95.

Pacific Gas & Electric (NYSE:PCG) last announced its quarterly earnings data on Thursday, February 12th. The utilities provider reported $0.36 EPS for the quarter, meeting the consensus estimate of $0.36. The firm had revenue of $6.80 billion for the quarter, compared to the consensus estimate of $7.05 billion. Pacific Gas & Electric had a net margin of 10.93% and a return on equity of 11.10%. During the same period last year, the firm earned $0.31 EPS. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Equities analysts forecast that Pacific Gas & Electric will post 1.49 earnings per share for the current fiscal year.

Pacific Gas & Electric Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were given a dividend of $0.05 per share. This is an increase from Pacific Gas & Electric’s previous quarterly dividend of $0.03. This represents a $0.20 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Wednesday, December 31st. Pacific Gas & Electric’s dividend payout ratio (DPR) is 16.81%.

Pacific Gas & Electric News Roundup

Here are the key news stories impacting Pacific Gas & Electric this week:

• Positive Sentiment: Tightened / raised FY‑2026 adjusted EPS guidance to a range of 1.640–1.660, slightly above consensus — management framed this as confidence in 2026 execution. PG&E press release
• Positive Sentiment: Unusually large call‑option activity: ~45,532 calls traded (≈77% above average), signaling speculative or hedged bullish positioning that can amplify intraday buying pressure.
• Positive Sentiment: Q4 EPS of $0.36 met the consensus and improved from $0.31 a year ago, showing underlying earnings resilience. Zacks: Q4 earnings in line
• Neutral Sentiment: Analyst coverage remains constructive with multiple buy/overweight ratings and a median price target near $21 — supportive for medium‑term sentiment but not an immediate catalyst. QuiverQuant: analyst ratings & targets
• Neutral Sentiment: Company hosted a conference call and released slides/press materials for details; investors can parse regulatory and wildfire‑risk commentary for guidance on future returns. Seeking Alpha: earnings call transcript
• Negative Sentiment: Revenues missed Street estimates (~$6.80B reported vs. ~$7.05–7.12B expected), and some outlets note a small EPS miss vs. certain estimates — these top‑line misses cap enthusiasm and could weigh on near‑term momentum. QuiverQuant: earnings & revenue details
• Negative Sentiment: Fourth‑quarter net income declined year‑over‑year and certain large institutional holders trimmed positions recently — structural risks (regulatory, wildfire liabilities, capex) keep a risk premium on the stock. WSJ: profit down, guidance tightened

Pacific Gas & Electric Company Profile

Pacific Gas & Electric (NYSE: PCG) is an investor-owned utility holding company whose principal operating subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas service in northern and central California. The company’s core activities include the generation, procurement, transmission and distribution of electric power, as well as the transmission and distribution of natural gas. PG&E serves a broad mix of residential, commercial, and industrial customers across urban and rural communities within its California service territory.

PG&E’s operations encompass utility infrastructure planning and construction, grid operations, customer service and energy procurement.