Dana Investment Advisors Inc. Increases Stock Position in Portland General Electric Company $POR

Dana Investment Advisors Inc. lifted its position in shares of Portland General Electric Company (NYSE:POR) by 12.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 127,964 shares of the utilities provider’s stock after purchasing an additional 14,180 shares during the period. Dana Investment Advisors Inc. owned 0.11% of Portland General Electric worth $5,630,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in shares of Portland General Electric during the 3rd quarter worth approximately $27,000. Bell Investment Advisors Inc grew its holdings in shares of Portland General Electric by 80.6% in the second quarter. Bell Investment Advisors Inc now owns 829 shares of the utilities provider’s stock valued at $34,000 after acquiring an additional 370 shares in the last quarter. Clearstead Advisors LLC increased its position in shares of Portland General Electric by 206.8% during the third quarter. Clearstead Advisors LLC now owns 856 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 577 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in Portland General Electric during the second quarter worth $51,000. Finally, Smartleaf Asset Management LLC boosted its position in Portland General Electric by 35.1% in the third quarter. Smartleaf Asset Management LLC now owns 1,243 shares of the utilities provider’s stock worth $54,000 after purchasing an additional 323 shares during the last quarter.

Portland General Electric Price Performance

NYSE POR opened at $53.43 on Wednesday. The company has a market cap of $6.17 billion, a PE ratio of 19.29, a price-to-earnings-growth ratio of 3.04 and a beta of 0.67. Portland General Electric Company has a 52 week low of $39.54 and a 52 week high of $54.39. The company has a quick ratio of 0.95, a current ratio of 1.08 and a debt-to-equity ratio of 1.19. The firm’s 50-day simple moving average is $49.91 and its two-hundred day simple moving average is $46.95.

Portland General Electric (NYSE:POR) last posted its 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). The business had revenue of $889.00 million during the quarter, compared to analysts’ expectations 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 quarter in the previous year, the business earned $0.36 EPS. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. Research analysts predict that Portland General Electric Company will post 3.21 earnings per share 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. Shareholders of record on Monday, March 23rd will be given a dividend of $0.525 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.10 annualized dividend and a dividend yield of 3.9%. Portland General Electric’s dividend payout ratio is currently 75.81%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. UBS Group raised their target price on Portland General Electric from $53.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, February 19th. LADENBURG THALM/SH SH restated a “sell” rating and set a $43.00 price objective on shares of Portland General Electric in a report on Thursday, December 4th. BTIG Research reaffirmed a “buy” rating and issued a $58.00 price objective on shares of Portland General Electric in a research report on Friday, January 30th. Barclays boosted their target price on shares of Portland General Electric from $47.00 to $53.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 17th. Finally, Loop Capital set a $48.00 price target on shares of Portland General Electric in a research note on Tuesday, December 30th. 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.com, the company has a consensus rating of “Hold” and a consensus price target of $50.17.

Portland General Electric Profile

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.