Pacific Gas & Electric (NYSE:PCG – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.640-1.660 for the period, compared to the consensus EPS estimate of 1.650. The company issued revenue guidance of -.
Pacific Gas & Electric Trading Up 3.4%
Shares of PCG opened at $18.08 on Thursday. The stock’s 50-day moving average is $16.83 and its two-hundred day moving average is $16.96. The stock has a market cap of $48.46 billion, a PE ratio of 14.02, a P/E/G ratio of 1.14 and a beta of 0.27. Pacific Gas & Electric has a 12 month low of $13.31 and a 12 month high of $19.16. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.20 and a quick ratio of 1.13.
Pacific Gas & Electric (NYSE:PCG – Get Free Report) last issued its earnings results on Thursday, July 23rd. The utilities provider reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.04. Pacific Gas & Electric had a return on equity of 11.95% and a net margin of 11.44%.The company had revenue of $5.90 billion during the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Equities analysts forecast that Pacific Gas & Electric will post 1.65 earnings per share for the current fiscal year.
Pacific Gas & Electric Dividend Announcement
Analyst Ratings Changes
Several brokerages have issued reports on PCG. Weiss Ratings downgraded shares of Pacific Gas & Electric from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Truist Financial reduced their target price on shares of Pacific Gas & Electric from $23.00 to $22.00 and set a “buy” rating on the stock in a research report on Monday, May 18th. JPMorgan Chase & Co. decreased their target price on shares of Pacific Gas & Electric from $24.00 to $23.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. BMO Capital Markets decreased their target price on shares of Pacific Gas & Electric from $28.00 to $27.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $25.00 price target on shares of Pacific Gas & Electric in a research note on Tuesday, April 21st. Seven research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Pacific Gas & Electric has a consensus rating of “Moderate Buy” and an average target price of $22.30.
View Our Latest Stock Analysis on Pacific Gas & Electric
Insider Transactions at Pacific Gas & Electric
In other Pacific Gas & Electric news, EVP Jason M. Glickman sold 47,264 shares of Pacific Gas & Electric stock in a transaction that occurred on Tuesday, April 28th. The stock was sold at an average price of $16.35, for a total transaction of $772,766.40. Following the sale, the executive vice president directly owned 136,433 shares in the company, valued at $2,230,679.55. The trade was a 25.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.22% of the stock is owned by corporate insiders.
Institutional Trading of Pacific Gas & Electric
A number of hedge funds have recently made changes to their positions in the stock. Van Lanschot Kempen Investment Management N.V. grew its stake in Pacific Gas & Electric by 96.5% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 110,915 shares of the utilities provider’s stock worth $1,782,000 after purchasing an additional 54,474 shares in the last quarter. Captrust Financial Advisors increased its holdings in Pacific Gas & Electric by 168.2% in the third quarter. Captrust Financial Advisors now owns 293,527 shares of the utilities provider’s stock valued at $4,426,000 after buying an additional 184,086 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in Pacific Gas & Electric by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 684,942 shares of the utilities provider’s stock valued at $10,329,000 after buying an additional 4,248 shares in the last quarter. Horizon Investments LLC raised its stake in Pacific Gas & Electric by 22.1% during the third quarter. Horizon Investments LLC now owns 97,107 shares of the utilities provider’s stock valued at $1,464,000 after buying an additional 17,595 shares in the last quarter. Finally, State of Tennessee Department of Treasury raised its stake in Pacific Gas & Electric by 3.6% during the second quarter. State of Tennessee Department of Treasury now owns 447,708 shares of the utilities provider’s stock valued at $6,241,000 after buying an additional 15,473 shares in the last quarter. Institutional investors and hedge funds own 78.56% of the company’s stock.
Pacific Gas & Electric Company Profile
Pacific Gas & Electric (NYSE: PCG) is an investor-owned utility holding company whose principal operating subsidiary, Pacific Gas and Electric Company, provides electricity and natural gas service in northern and central California. The company’s core activities include the generation, procurement, transmission and distribution of electric power, as well as the transmission and distribution of natural gas. PG&E serves a broad mix of residential, commercial, and industrial customers across urban and rural communities within its California service territory.
PG&E’s operations encompass utility infrastructure planning and construction, grid operations, customer service and energy procurement.
Featured Stories
- Five stocks we like better than Pacific Gas & Electric
- Could Truth API Become Trump Media’s First Meaningful Revenue Driver?
- Small Caps Are Crushing the S&P 500—3 Stocks Still Worth Buying
- Moog Is More Than a Missile Maker, and Wall Street Is Noticing
- A Boring Dividend Growth Strategy Becomes a Solid Defensive Play
Receive News & Ratings for Pacific Gas & Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Gas & Electric and related companies with MarketBeat.com's FREE daily email newsletter.
