Portland General Electric (NYSE:POR) Sees Large Volume Increase Following Analyst Upgrade

Portland General Electric Company (NYSE:POR) saw unusually-high trading volume on Wednesday 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. Approximately 2,874,266 shares changed hands during mid-day trading, an increase of 180% from the previous session’s volume of 1,027,020 shares.The stock last traded at $50.7820 and had previously closed at $52.56.

POR has been the topic of several other research reports. LADENBURG THALM/SH SH reiterated a “sell” rating and set a $43.00 price target on shares of Portland General Electric in a research note on Thursday, December 4th. JPMorgan Chase & Co. raised their target price on Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a report on Friday, December 12th. BMO Capital Markets reissued a “market perform” rating on shares of Portland General Electric in a report on Tuesday, December 30th. Jefferies Financial Group upped their price target on Portland General Electric from $43.00 to $46.00 and gave the stock a “hold” rating in a research report on Wednesday, October 22nd. Finally, UBS Group lowered their price objective on Portland General Electric from $51.00 to $49.00 and set a “neutral” rating on the stock in a research report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $48.92.

More Portland General Electric News

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

• Positive Sentiment: Acquisition expands footprint — PGE agreed to buy PacifiCorp’s Washington generation, transmission and distribution assets for $1.9 billion, adding ~140k customers and generation assets that accelerate scale and rate-base growth. Portland General Electric announces acquisition of Washington state utility operations and select assets from PacifiCorp
• Positive Sentiment: Company reiterates multi-year growth and project pipeline — PGE initiated FY2026 EPS guidance of $3.33–$3.53, reaffirmed long-term 5–7% EPS growth, and disclosed agreements to build ~615 MW of solar + battery capacity (425 MW company-owned). Portland General Electric announces acquisition … and initiates 2026 earnings guidance
• Positive Sentiment: Analyst support and coverage notes — Some analysts increased targets/coverage and upbeat write-ups highlighted POR’s growth profile and renewable exposure, which can support upside as integration executes. Here is Why Growth Investors Should Buy Portland General Electric (POR) Now
• Neutral Sentiment: Sector tailwinds for wind/renewables — Coverage noted broader wind/renewable capacity growth and PGE’s projects could capture demand, but this is a longer-term tailwind rather than an immediate catalyst. Top Wind Energy Stocks Worth Investing Now For Solid Returns
• Negative Sentiment: Share offering/pricing — PGE launched an underwritten public offering (announced $480M) and later priced 9,467,455 shares at $50.70 in connection with forward-sale agreements; the size and pricing introduce near-term dilution that likely pressured the stock. Portland General Electric Company Announces Public Offering of $480,000,000 of Shares of Common Stock
• Negative Sentiment: Q4 earnings missed estimates — Q4 EPS was $0.47, below consensus, and revenue was slightly under expectations; the miss and weather-related headwinds were flagged on the call and weigh on near-term sentiment. Portland General Electric (POR) Q4 Earnings Lag Estimates

Institutional Investors Weigh In On Portland General Electric

A number of institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in shares of Portland General Electric by 7.4% during the first quarter. Royal Bank of Canada now owns 161,931 shares of the utilities provider’s stock worth $7,222,000 after acquiring an additional 11,141 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Portland General Electric by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,949 shares of the utilities provider’s stock worth $2,763,000 after purchasing an additional 2,717 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Portland General Electric by 465.5% during the 1st quarter. Millennium Management LLC now owns 151,134 shares of the utilities provider’s stock valued at $6,741,000 after purchasing an additional 124,410 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Portland General Electric during the first quarter valued at about $271,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Portland General Electric by 6.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 233,640 shares of the utilities provider’s stock valued at $10,420,000 after purchasing an additional 13,799 shares in the last quarter.

Portland General Electric Stock Down 3.0%

The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $5.74 billion, a P/E ratio of 18.41, a PEG ratio of 4.55 and a beta of 0.67. The company has a fifty day moving average price of $49.55 and a 200-day moving average price of $46.62.

Portland General Electric (NYSE:POR) last released its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.59 by ($0.12). Portland General Electric had a net margin of 8.56% and a return on equity of 8.66%. The firm had revenue of $889.00 million for the quarter, compared to analysts’ expectations of $892.31 million. During the same quarter in the prior year, the business earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. As a group, research analysts forecast that Portland General Electric Company will post 3.21 EPS for the current fiscal year.

Portland General Electric Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 23rd will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 4.1%. The ex-dividend date is Monday, March 23rd. Portland General Electric’s 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.