Brookstone Capital Management Decreases Stock Holdings in Portland General Electric Company $POR

Brookstone Capital Management lowered its holdings in shares of Portland General Electric Company (NYSE:PORFree Report) by 7.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 248,096 shares of the utilities provider’s stock after selling 19,788 shares during the quarter. Brookstone Capital Management owned 0.22% of Portland General Electric worth $11,906,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of Portland General Electric during the 3rd quarter valued at about $27,000. Johnson Financial Group Inc. purchased a new stake in Portland General Electric during the third quarter valued at approximately $27,000. Clearstead Advisors LLC raised its position in 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 purchasing an additional 577 shares during the period. IFP Advisors Inc lifted its stake in shares of Portland General Electric by 61.7% in the 3rd quarter. IFP Advisors Inc now owns 1,080 shares of the utilities provider’s stock valued at $48,000 after purchasing an additional 412 shares during the last quarter. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Portland General Electric in the 2nd quarter valued at approximately $51,000.

Insider Buying and Selling at Portland General Electric

In other news, EVP Benjamin Felton sold 4,969 shares of the business’s stock in a transaction on Friday, February 27th. The shares were sold at an average price of $53.56, for a total transaction 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. The trade was a 10.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.52% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on POR shares. Weiss Ratings downgraded Portland General Electric from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, February 17th. Wells Fargo & Company raised their price target on Portland General Electric from $45.00 to $49.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 20th. Barclays lifted their price objective 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. LADENBURG THALM/SH SH reiterated a “sell” rating and set a $43.00 price objective on shares of Portland General Electric in a research report on Thursday, December 4th. Finally, Loop Capital set a $48.00 target price 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 issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $50.17.

Get Our Latest Analysis on POR

Portland General Electric Stock Up 0.2%

Shares of NYSE:POR opened at $52.70 on Wednesday. The firm has a market capitalization of $6.10 billion, a PE ratio of 19.03, a price-to-earnings-growth ratio of 2.99 and a beta of 0.66. The business has a 50 day simple moving average of $52.01 and a two-hundred day simple moving average of $48.74. Portland General Electric Company has a 1 year low of $39.54 and a 1 year high of $54.39. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.08 and a quick ratio of 0.95.

Portland General Electric (NYSE:PORGet Free Report) last issued 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 return on equity of 8.52% and a net margin of 8.56%.The business had revenue of $889.00 million during the quarter, compared to analysts’ expectations of $892.31 million. During the same quarter in the previous year, the company posted $0.36 earnings per share. Portland General Electric has set its FY 2026 guidance at 3.330-3.530 EPS. On average, equities analysts predict that Portland General Electric Company will post 3.21 EPS for the current year.

Portland General Electric Announces Dividend

The firm also recently announced 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 dividend payout ratio (DPR) is presently 75.81%.

Portland General Electric Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Portland General Electric (NYSE:POR)

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