CWA Asset Management Group LLC Raises Holdings in Portland General Electric Company $POR

CWA Asset Management Group LLC grew its holdings in Portland General Electric Company (NYSE:POR) by 228.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,462 shares of the utilities provider’s stock after purchasing an additional 47,644 shares during the period. CWA Asset Management Group LLC owned about 0.06% of Portland General Electric worth $3,285,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. ATLAS Infrastructure Partners UK Ltd. boosted 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 buying an additional 1,058,623 shares during the last quarter. State Street Corp raised its position in Portland General Electric by 2.4% in the 2nd quarter. State Street Corp now owns 4,551,369 shares of the utilities provider’s stock worth $187,200,000 after buying an additional 107,717 shares during the last quarter. Massachusetts Financial Services Co. MA raised its position in Portland General Electric by 23.3% in 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 buying an additional 564,379 shares during the last quarter. Invesco Ltd. lifted its stake in Portland General Electric by 4.9% during the 3rd quarter. Invesco Ltd. now owns 2,569,082 shares of the utilities provider’s stock valued at $113,040,000 after acquiring an additional 119,122 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Portland General Electric by 34.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,497,281 shares of the utilities provider’s stock valued at $109,381,000 after acquiring an additional 634,890 shares during the period.

Portland General Electric Stock Performance

POR opened at $50.86 on Friday. Portland General Electric Company has a 12-month low of $39.54 and a 12-month high of $54.39. The company’s 50 day moving average is $51.66 and its 200 day moving average is $48.24. The company has a current ratio of 1.08, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The company has a market cap of $5.89 billion, a price-to-earnings ratio of 18.36, a PEG ratio of 2.89 and a beta of 0.66.

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

Portland General Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 23rd will be paid a dividend of $0.525 per share. The ex-dividend date is Monday, March 23rd. This represents a $2.10 dividend on an annualized basis and a dividend yield of 4.1%. Portland General Electric’s payout ratio is 75.81%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on POR. 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 research note on Tuesday, January 20th. BMO Capital Markets restated a “market perform” rating and set a $55.00 price objective on shares of Portland General Electric in a research report on Thursday, February 19th. Barclays raised 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 report on Tuesday, February 17th. JPMorgan Chase & Co. lifted their target price on shares of Portland General Electric from $47.00 to $49.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, LADENBURG THALM/SH SH reiterated a “sell” rating and set a $43.00 target price on shares of Portland General Electric in a research note on Thursday, December 4th. Two analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Portland General Electric currently has an average rating of “Hold” and an average price target of $50.17.

Insider Activity

In related news, EVP Benjamin Felton sold 4,969 shares of the stock in a transaction that occurred on Friday, February 27th. The shares were sold at an average price of $53.56, for a total value of $266,139.64. Following the completion of the sale, the executive vice president directly owned 41,081 shares of the company’s stock, valued at approximately $2,200,298.36. This represents a 10.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.40% of the company’s stock.

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.