Pacific Gas & Electric (NYSE:PCG) Hits New 1-Year High – Should You Buy?

Shares of Pacific Gas & Electric Co. (NYSE:PCG) hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $18.05 and last traded at $18.0350, with a volume of 3036654 shares trading hands. The stock had previously closed at $17.56.

More Pacific Gas & Electric News

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

• Positive Sentiment: Company tightened its 2026 profit outlook citing stronger power demand, raising the lower end of FY26 adjusted EPS guidance (management set FY26 EPS at 1.640–1.660). This guidance lift and demand commentary is a key driver of today’s upside. Utility PG&E tightens 2026 profit forecast
• Positive Sentiment: Analyst support and price targets skew positive (multiple buy/overweight ratings and median 6‑month targets around $21), which can bolster investor sentiment and multiple expansion. PG&E ($PCG) Releases Q4 2025 Earnings
• Positive Sentiment: Q4 EPS of $0.36 met consensus and improved year-over-year (from $0.31), and operating metrics (net margin, ROE) showed improvement — supports the narrative of steady earnings power. PG&E Q4 Earnings in Line With Estimates
• Neutral Sentiment: Unusually heavy call-option buying was observed (≈45,532 calls, a ~77% increase vs. typical volume), signaling speculative or hedged bullish positioning by some traders but not a guaranteed directional signal.
• Neutral Sentiment: Company released earnings slide deck and full call transcripts — useful for modeling but not new fundamental news. PG&E Q4 2025 Earnings Call Transcript
• Negative Sentiment: Reported revenue missed Street estimates (~$6.80B vs. ~$7.05B consensus), and GAAP profit fell year-over-year; top-line weakness tempers the EPS beat narrative and could constrain upside. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: Large institutional reductions (notably Capital Research and Capital International trimming sizeable stakes) were reported, which may increase share supply pressure or signal some investors taking profits/rotating. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: PG&E warned of a powerful winter storm and pre-positioned crews — operational readiness reduces near-term safety risk but severe weather raises the prospect of customer outages, repair costs and regulatory scrutiny if service is disrupted. Ahead of Winter Storm, PG&E Mobilizes Crews

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pacific Gas & Electric in a report on Monday, December 29th. Morgan Stanley restated an “underperform” rating on shares of Pacific Gas & Electric in a research report on Wednesday, January 21st. Wall Street Zen cut shares of Pacific Gas & Electric from a “buy” rating to a “hold” rating in a research report on Saturday. Mizuho set a $21.00 price objective on shares of Pacific Gas & Electric in a research note on Wednesday, January 21st. Finally, UBS Group boosted their target price on shares of Pacific Gas & Electric from $17.00 to $18.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Seven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $20.55.

Pacific Gas & Electric Stock Performance

The company has a fifty day moving average of $15.75 and a two-hundred day moving average of $15.65. The company has a debt-to-equity ratio of 1.81, a quick ratio of 0.89 and a current ratio of 0.94. The company has a market cap of $39.84 billion, a price-to-earnings ratio of 15.36, a P/E/G ratio of 0.70 and a beta of 0.36.

Pacific Gas & Electric (NYSE:PCG) last announced its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.36 EPS for the quarter, meeting analysts’ consensus estimates of $0.36. The firm had revenue of $6.80 billion for the quarter, compared to analyst estimates of $7.05 billion. Pacific Gas & Electric had a return on equity of 11.40% and a net margin of 10.84%.During the same period last year, the firm posted $0.31 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Equities research analysts anticipate that Pacific Gas & Electric Co. will post 1.49 EPS for the current year.

Pacific Gas & Electric Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.1%. This is a boost from Pacific Gas & Electric’s previous quarterly dividend of $0.03. The ex-dividend date was Wednesday, December 31st. Pacific Gas & Electric’s dividend payout ratio (DPR) is presently 16.95%.

Hedge Funds Weigh In On Pacific Gas & Electric

A number of hedge funds have recently made changes to their positions in PCG. Titleist Asset Management LLC boosted its holdings in Pacific Gas & Electric by 2.1% in the third quarter. Titleist Asset Management LLC now owns 43,832 shares of the utilities provider’s stock valued at $661,000 after acquiring an additional 882 shares during the last quarter. FreeGulliver LLC grew its holdings in Pacific Gas & Electric by 7.9% during the 3rd quarter. FreeGulliver LLC now owns 13,482 shares of the utilities provider’s stock worth $203,000 after acquiring an additional 987 shares during the period. Commerzbank Aktiengesellschaft FI grew its holdings in Pacific Gas & Electric by 2.7% during the 4th quarter. Commerzbank Aktiengesellschaft FI now owns 42,734 shares of the utilities provider’s stock worth $687,000 after acquiring an additional 1,142 shares during the period. Fifth Third Wealth Advisors LLC raised its position in shares of Pacific Gas & Electric by 8.1% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 17,195 shares of the utilities provider’s stock worth $259,000 after acquiring an additional 1,283 shares in the last quarter. Finally, Covestor Ltd lifted its stake in shares of Pacific Gas & Electric by 20.6% in the 3rd quarter. Covestor Ltd now owns 9,029 shares of the utilities provider’s stock valued at $136,000 after purchasing an additional 1,544 shares during the period. 78.56% of the stock is currently owned by institutional investors.

About Pacific Gas & Electric

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.