Portland General Electric Company $POR Shares Acquired by Channing Capital Management LLC

Channing Capital Management LLC increased its stake in shares of Portland General Electric Company (NYSE:POR) by 39.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,509,269 shares of the utilities provider’s stock after purchasing an additional 424,622 shares during the quarter. Channing Capital Management LLC owned 1.34% of Portland General Electric worth $66,408,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. ATLAS Infrastructure Partners UK Ltd. boosted its stake in shares of Portland General Electric by 24.1% in the 2nd quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider’s stock valued at $221,810,000 after buying an additional 1,058,623 shares during the period. State Street Corp lifted its stake in Portland General Electric by 2.4% in the second quarter. State Street Corp now owns 4,551,369 shares of the utilities provider’s stock worth $187,200,000 after acquiring an additional 107,717 shares during the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Portland General Electric by 23.3% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,985,941 shares of the utilities provider’s stock worth $131,381,000 after acquiring an additional 564,379 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Portland General Electric by 4.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,764,380 shares of the utilities provider’s stock valued at $112,337,000 after purchasing an additional 110,567 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in shares of Portland General Electric by 7.3% in the 2nd quarter. Invesco Ltd. now owns 2,449,960 shares of the utilities provider’s stock valued at $99,542,000 after purchasing an additional 167,447 shares in the last quarter.

Portland General Electric Stock Up 0.6%

Portland General Electric stock opened at $52.38 on Friday. The company has a market capitalization of $6.05 billion, a P/E ratio of 18.91, a PEG ratio of 4.64 and a beta of 0.67. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.08. Portland General Electric Company has a fifty-two week low of $39.54 and a fifty-two week high of $54.39. The stock has a 50-day simple moving average of $49.72 and a 200-day simple moving average of $46.76.

Portland General Electric (NYSE:POR) last released its quarterly earnings results on Tuesday, February 17th. The utilities provider reported $0.47 EPS for the quarter, missing the consensus estimate of $0.59 by ($0.12). The firm had revenue of $889.00 million for the quarter, compared to analyst estimates of $892.31 million. Portland General Electric had a return on equity of 8.52% and a net margin of 8.56%.During the same period last year, the firm earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Equities research analysts expect that Portland General Electric Company will post 3.21 earnings per share for the current year.

Portland General Electric Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Monday, March 23rd will be paid a $0.525 dividend. The ex-dividend date is Monday, March 23rd. This represents a $2.10 dividend on an annualized basis and a yield of 4.0%. Portland General Electric’s payout ratio is currently 75.81%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Barclays boosted their target price on shares of Portland General Electric from $47.00 to $53.00 and gave the stock an “equal weight” rating in a research note on Tuesday, February 17th. Weiss Ratings cut Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday. Mizuho set a $47.00 target price on Portland General Electric in a research report on Monday, November 3rd. Wells Fargo & Company boosted their target price on Portland General Electric from $45.00 to $49.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 20th. Finally, JPMorgan Chase & Co. increased their price target on shares of Portland General Electric from $47.00 to $49.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Portland General Electric currently has a consensus rating of “Hold” and an average price target of $50.17.

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.