31,803 Shares in Pacific Gas & Electric Co. $PCG Purchased by Northwestern Mutual Wealth Management Co.

Posted by Geri Gentry on Aug 27th, 2026

Northwestern Mutual Wealth Management Co. bought a new position in shares of Pacific Gas & Electric Co. (NYSE:PCG – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 31,803 shares of the utilities provider’s stock, valued at approximately $535,000.

A number of other hedge funds also recently added to or reduced their stakes in PCG. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Pacific Gas & Electric during the 2nd quarter worth approximately $90,898,000. Danica Pension Livsforsikringsaktieselskab purchased a new position in Pacific Gas & Electric in the 2nd quarter valued at approximately $76,721,000. Ieq Capital LLC purchased a new position in Pacific Gas & Electric in the 2nd quarter valued at approximately $72,739,000. SG Americas Securities LLC raised its holdings in Pacific Gas & Electric by 366.6% during the first quarter. SG Americas Securities LLC now owns 2,984,809 shares of the utilities provider’s stock worth $52,443,000 after purchasing an additional 2,345,120 shares during the last quarter. Finally, Korea Investment CORP acquired a new position in Pacific Gas & Electric during the second quarter worth $38,824,000. 78.56% of the stock is owned by hedge funds and other institutional investors.

Pacific Gas & Electric Price Performance

PCG stock opened at $18.25 on Thursday. The stock has a market capitalization of $48.91 billion, a price-to-earnings ratio of 13.22, a price-to-earnings-growth ratio of 1.19 and a beta of 0.28. The company has a quick ratio of 1.15, a current ratio of 1.22 and a debt-to-equity ratio of 1.90. Pacific Gas & Electric Co. has a 52-week low of $14.34 and a 52-week high of $19.16. The stock’s fifty day simple moving average is $17.37 and its 200-day simple moving average is $17.33.

Pacific Gas & Electric (NYSE:PCG – Get Free Report) last released 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. The firm had revenue of $5.90 billion for the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric had a return on equity of 12.48% and a net margin of 12.25%.The firm’s revenue for the quarter was up .1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.31 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Equities research analysts expect that Pacific Gas & Electric Co. will post 1.65 EPS for the current year.

Analysts Set New Price Targets

PCG has been the topic of several research reports. Weiss Ratings lowered Pacific Gas & Electric from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. BMO Capital Markets decreased their price objective on shares of Pacific Gas & Electric from $28.00 to $27.00 and set an “outperform” rating on the stock in a research report on Friday, July 24th. JPMorgan Chase & Co. lowered their price objective on shares of Pacific Gas & Electric from $24.00 to $23.00 and set an “overweight” rating on the stock in a research note on Friday, May 15th. Wall Street Zen cut shares of Pacific Gas & Electric from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, UBS Group reiterated a “buy” rating on shares of Pacific Gas & Electric in a research report on Tuesday, August 18th. Seven equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Pacific Gas & Electric has an average rating of “Moderate Buy” and an average target price of $22.20.

View Our Latest Stock Analysis on PCG

Insider Transactions at Pacific Gas & Electric

In related news, EVP Marlene Santos sold 158,250 shares of the business’s stock in a transaction that occurred on Wednesday, July 22nd. The shares were sold at an average price of $18.00, for a total value of $2,848,500.00. Following the completion of the sale, the executive vice president directly owned 230,885 shares in the company, valued at approximately $4,155,930. The trade was a 40.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.22% of the company’s stock.

Pacific Gas & Electric Profile

(Free Report)

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.