Bank of New York Mellon Corp Has $65.56 Million Stock Holdings in Portland General Electric Company $POR

Posted by Geri Gentry on Jun 10th, 2026

Bank of New York Mellon Corp lifted its position in Portland General Electric Company (NYSE:POR – Free Report) by 5.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,366,072 shares of the utilities provider’s stock after acquiring an additional 70,343 shares during the period. Bank of New York Mellon Corp’s holdings in Portland General Electric were worth $65,558,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Goldman Sachs Group Inc. raised its holdings in Portland General Electric by 44.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 975,642 shares of the utilities provider’s stock worth $46,821,000 after buying an additional 298,747 shares during the period. Natixis Advisors LLC raised its holdings in Portland General Electric by 0.6% during the 4th quarter. Natixis Advisors LLC now owns 35,548 shares of the utilities provider’s stock worth $1,706,000 after buying an additional 207 shares during the period. AXQ Capital LP acquired a new stake in Portland General Electric during the 4th quarter worth approximately $309,000. Texas Yale Capital Corp. raised its holdings in Portland General Electric by 3.3% during the 4th quarter. Texas Yale Capital Corp. now owns 18,645 shares of the utilities provider’s stock worth $895,000 after buying an additional 600 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in Portland General Electric by 2.4% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 212,654 shares of the utilities provider’s stock worth $10,205,000 after buying an additional 4,917 shares during the period.

Portland General Electric Price Performance

Shares of POR opened at $50.26 on Wednesday. The stock has a market capitalization of $5.82 billion, a P/E ratio of 22.44, a P/E/G ratio of 2.10 and a beta of 0.52. Portland General Electric Company has a twelve month low of $39.54 and a twelve month high of $54.62. The company has a 50 day moving average of $50.77 and a 200-day moving average of $50.58. The company has a quick ratio of 0.95, a current ratio of 1.09 and a debt-to-equity ratio of 1.19.

Portland General Electric (NYSE:POR – Get Free Report) last issued its quarterly earnings results on Thursday, April 30th. The utilities provider reported $0.58 earnings per share for the quarter, missing the consensus estimate of $0.77 by ($0.19). Portland General Electric had a return on equity of 7.57% and a net margin of 7.12%.The business had revenue of $879.00 million for the quarter, compared to the consensus estimate of $953.24 million. During the same period in the prior year, the business earned $0.91 earnings per share. Portland General Electric’s revenue was down 5.3% compared to the same quarter last year. As a group, equities research analysts forecast that Portland General Electric Company will post 3.39 EPS for the current fiscal year.

Portland General Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Thursday, June 25th will be paid a $0.5513 dividend. This is a boost from Portland General Electric’s previous quarterly dividend of $0.53. This represents a $2.21 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Thursday, June 25th. Portland General Electric’s dividend payout ratio (DPR) is 93.75%.

Insider Activity at Portland General Electric

In related news, VP Juan Diego Gallegos sold 2,750 shares of the firm’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $48.67, for a total value of $133,842.50. Following the completion of the transaction, the vice president directly owned 12,127 shares of the company’s stock, valued at approximately $590,221.09. This trade represents a 18.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Joseph R. Trpik, Jr. sold 7,500 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $49.03, for a total transaction of $367,725.00. Following the completion of the transaction, the chief financial officer directly owned 31,897 shares of the company’s stock, valued at $1,563,909.91. This represents a 19.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.52% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

POR has been the topic of several research analyst reports. BMO Capital Markets restated a “market perform” rating and set a $55.00 target price on shares of Portland General Electric in a report on Thursday, February 19th. JPMorgan Chase & Co. raised their target price on shares of Portland General Electric from $51.00 to $54.00 and gave the stock a “neutral” rating in a report on Monday, April 20th. UBS Group raised their target price on shares of Portland General Electric from $53.00 to $55.00 and gave the stock a “neutral” rating in a 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. Finally, Wells Fargo & Company set a $51.00 target price on shares of Portland General Electric in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $51.00.

Check Out Our Latest Stock Analysis on POR

About Portland General Electric

(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.