Proficio Capital Partners LLC Makes New $623,000 Investment in Pacific Gas & Electric Co. $PCG

Posted by Brian Himes on Aug 28th, 2026

Proficio Capital Partners LLC bought a new stake in Pacific Gas & Electric Co. (NYSE:PCG – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 37,017 shares of the utilities provider’s stock, valued at approximately $623,000.

Other institutional investors also recently made changes to their positions in the company. Geode Capital Management LLC increased its holdings in shares of Pacific Gas & Electric by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 62,134,132 shares of the utilities provider’s stock valued at $1,019,297,000 after purchasing an additional 1,132,249 shares in the last quarter. Gallagher Fiduciary Advisors LLC purchased a new stake in Pacific Gas & Electric during the second quarter worth about $300,895,000. Legal & General Group Plc acquired a new position in Pacific Gas & Electric during the second quarter worth about $398,915,000. Canada Pension Plan Investment Board acquired a new position in Pacific Gas & Electric during the second quarter worth about $320,820,000. Finally, Barrow Hanley Mewhinney & Strauss LLC purchased a new position in Pacific Gas & Electric in the second quarter valued at about $314,855,000. 78.56% of the stock is currently owned by hedge funds and other institutional investors.

Pacific Gas & Electric Stock Performance

Shares of PCG opened at $17.95 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.15 and a debt-to-equity ratio of 1.90. The stock has a market cap of $48.09 billion, a P/E ratio of 13.00, a PEG ratio of 1.19 and a beta of 0.28. The company has a 50-day moving average of $17.40 and a two-hundred day moving average of $17.34. Pacific Gas & Electric Co. has a 12-month low of $14.34 and a 12-month high of $19.16.

Pacific Gas & Electric (NYSE:PCG – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The utilities provider reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.04. The company had revenue of $5.90 billion for the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric had a net margin of 12.25% and a return on equity of 12.48%. The company’s revenue for the quarter was up .1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.31 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. As a group, research analysts predict that Pacific Gas & Electric Co. will post 1.65 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. UBS Group reiterated a “buy” rating on shares of Pacific Gas & Electric in a research report on Tuesday, August 18th. Weiss Ratings cut Pacific Gas & Electric from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. BMO Capital Markets dropped their price objective on Pacific Gas & Electric from $28.00 to $27.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Truist Financial reduced their price objective on Pacific Gas & Electric from $23.00 to $21.00 and set a “buy” rating for the company in a report on Tuesday, August 4th. Finally, Morgan Stanley decreased their target price on Pacific Gas & Electric from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Friday, August 21st. Seven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $22.20.

Check Out Our Latest Research Report on Pacific Gas & Electric

Insider Transactions at Pacific Gas & Electric

In related news, EVP Marlene Santos sold 158,250 shares of the company’s stock in a transaction that occurred on Wednesday, July 22nd. The stock was sold at an average price of $18.00, for a total value of $2,848,500.00. Following the sale, the executive vice president owned 230,885 shares of the company’s stock, valued at approximately $4,155,930. This represents a 40.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 Company 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.