Portland General Electric (NYSE:POR) Reaches New 1-Year High After Analyst Upgrade

Shares of Portland General Electric Company (NYSE:POR) hit a new 52-week high on Tuesday after Barclays raised their price target on the stock from $47.00 to $53.00. Barclays currently has an equal weight rating on the stock. Portland General Electric traded as high as $54.39 and last traded at $53.3030, with a volume of 67088 shares traded. The stock had previously closed at $54.00.

Several other analysts have also recently weighed in on the company. Loop Capital set a $48.00 price target on Portland General Electric in a report on Tuesday, December 30th. LADENBURG THALM/SH SH reissued a “sell” rating and set a $43.00 target price on shares of Portland General Electric in a report on Thursday, December 4th. Mizuho set a $47.00 price target on shares of Portland General Electric in a research note on Monday, November 3rd. Wells Fargo & Company lifted their price target on shares of Portland General Electric from $45.00 to $49.00 and gave the stock an “equal weight” rating in a report on Tuesday, January 20th. Finally, UBS Group decreased their price objective on Portland General Electric from $51.00 to $49.00 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $48.92.

More Portland General Electric News

Here are the key news stories impacting Portland General Electric this week:

• Positive Sentiment: Announced purchase of PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion — expands POR’s service territory and rate base (purchase priced at ~1.4x estimated 2026 rate base), adding customers and generation assets that can drive regulated earnings growth. PacifiCorp to Sell Washington Service Area to Portland General Electric
• Positive Sentiment: Signed agreements to develop two solar + battery hybrid projects (615 MW total, 425 MW company‑owned) — supports long‑term regulated and renewable growth profile. PR Newswire Release
• Positive Sentiment: Declared quarterly dividend ($0.525/share; ~3.9% yield) — supports income investors and signals commitment to returning cash. MarketBeat Dividend Note
• Neutral Sentiment: Analyst activity: Barclays raised its price target to $53 (equal‑weight) — small impact relative to the larger corporate headlines. Benzinga Note
• Neutral Sentiment: Coverage notes PacifiCorp sold assets citing liquidity pressures tied to wildfire litigation — context for the deal but not directly indicative of POR’s near‑term earnings. Reuters: PacifiCorp sells Washington assets
• Negative Sentiment: Q4 EPS missed materially ($0.47 vs. consensus ~ $0.72) — the beat/miss drove immediate disappointment; management said weather and other factors reduced Q4 results. Earnings Call Transcript
• Negative Sentiment: Commenced $480M public offering of common stock (via forward sale agreements) — raises capital for the PacifiCorp purchase but increases near‑term share count/dilution risk. Public Offering Announcement
• Negative Sentiment: FY‑2026 adjusted EPS guidance initiated at $3.33–$3.53 (company midpoint roughly in line but slightly below some street expectations) — guidance reduces clarity on upside and, combined with the offering and earnings miss, likely weighs on sentiment. Guidance & PR

Institutional Trading of Portland General Electric

A number of large investors have recently bought and sold shares of POR. Campbell & CO Investment Adviser LLC increased its stake in Portland General Electric by 38.8% in the 2nd quarter. Campbell & CO Investment Adviser LLC now owns 44,777 shares of the utilities provider’s stock valued at $1,819,000 after buying an additional 12,518 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Portland General Electric by 143.8% during the third quarter. SG Americas Securities LLC now owns 88,381 shares of the utilities provider’s stock valued at $3,889,000 after acquiring an additional 52,127 shares during the last quarter. ATLAS Infrastructure Partners UK Ltd. increased its position in shares of Portland General Electric by 24.1% during the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock valued at $221,810,000 after acquiring an additional 1,058,623 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in Portland General Electric during the second quarter worth $376,000. Finally, Envestnet Asset Management Inc. boosted its position in Portland General Electric by 5.5% in the second quarter. Envestnet Asset Management Inc. now owns 513,398 shares of the utilities provider’s stock worth $20,859,000 after purchasing an additional 26,753 shares during the last quarter.

Portland General Electric Price Performance

The stock has a market cap of $5.90 billion, a P/E ratio of 19.08, a P/E/G ratio of 4.73 and a beta of 0.67. The business has a 50 day simple moving average of $49.48 and a 200-day simple moving average of $46.59. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.95 and a current ratio of 1.08.

Portland General Electric (NYSE:POR) last released its earnings results on Friday, February 20th. The utilities provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.25). Portland General Electric had a return on equity of 8.32% and a net margin of 8.63%.During the same period in the prior year, the firm earned $0.36 EPS. On average, sell-side analysts forecast that Portland General Electric Company will post 3.21 EPS for the current year.

Portland General Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 23rd will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend is Monday, March 23rd. Portland General Electric’s dividend payout ratio is currently 76.36%.

About Portland General Electric

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.