Pacific Gas & Electric (NYSE:PCG) Director William Craig Fugate Sells 6,500 Shares

Posted by Francis Steltz on Sep 10th, 2026

Pacific Gas & Electric Co. (NYSE:PCG – Get Free Report) Director William Craig Fugate sold 6,500 shares of Pacific Gas & Electric stock in a transaction on Friday, September 4th. The stock was sold at an average price of $13.76, for a total transaction of $89,440.00. Following the sale, the director directly owned 73,530 shares of the company’s stock, valued at $1,011,772.80. This represents a 8.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Pacific Gas & Electric Stock Down 4.2%

PCG opened at $14.20 on Thursday. The stock has a market cap of $38.06 billion, a PE ratio of 10.29, a P/E/G ratio of 1.19 and a beta of 0.24. 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 $12.59 and a 52 week high of $19.16. The business’s fifty day simple moving average is $16.94 and its 200 day simple moving average is $17.13.

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

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wall Street Zen lowered Pacific Gas & Electric from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Bank of America reissued a “neutral” rating and set a $13.00 price target (down from $24.00) on shares of Pacific Gas & Electric in a research note on Tuesday, September 1st. Mizuho lowered their price objective on shares of Pacific Gas & Electric from $16.00 to $14.00 and set a “neutral” rating for the company in a report on Thursday, September 3rd. Wells Fargo & Company cut shares of Pacific Gas & Electric from an “overweight” rating to a “buy” rating in a research note on Monday, August 31st. Finally, Morgan Stanley reduced their target price on shares of Pacific Gas & Electric from $23.00 to $22.00 and set an “equal weight” rating on the stock in a report on Friday, August 21st. Four research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, Pacific Gas & Electric currently has an average rating of “Hold” and a consensus target price of $18.27.

Get Our Latest Stock Analysis on PCG

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Keating Financial Advisory Services Inc. purchased a new stake in Pacific Gas & Electric during the 2nd quarter valued at $28,000. Tobam purchased a new position in shares of Pacific Gas & Electric in the fourth quarter valued at about $30,000. Modus Advisors LLC purchased a new position in shares of Pacific Gas & Electric in the fourth quarter valued at about $36,000. Transamerica Financial Advisors LLC bought a new position in shares of Pacific Gas & Electric during the second quarter valued at about $57,000. Finally, CoreCap Advisors LLC raised its stake in shares of Pacific Gas & Electric by 13.1% during the second quarter. CoreCap Advisors LLC now owns 5,843 shares of the utilities provider’s stock valued at $98,000 after acquiring an additional 677 shares during the last quarter. 78.56% of the stock is owned by hedge funds and other institutional investors.

Pacific Gas & Electric Company Profile

(Get Free Report)

Pacific Gas & Electric Corporation (NYSE: PCG) is an energy holding company whose principal subsidiary, Pacific Gas and Electric Company, provides regulated electricity and natural gas services. The utility delivers electricity through its transmission and distribution networks and supplies natural gas to residential, commercial, industrial and agricultural customers.

Pacific Gas and Electric Company serves a large portion of Northern and Central California, including the San Francisco Bay Area and the Central Valley.