United Capital Financial Advisors LLC Acquires New Position in Pacific Gas & Electric Co. $PCG

Posted by George Bondi on Aug 31st, 2026

United Capital Financial Advisors LLC purchased a new position in shares of Pacific Gas & Electric Co. (NYSE:PCG – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 47,998 shares of the utilities provider’s stock, valued at approximately $807,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Focus Partners Advisor Solutions LLC purchased a new position in Pacific Gas & Electric during the 2nd quarter valued at about $4,044,000. PFA Pension Forsikringsaktieselskab acquired a new position in shares of Pacific Gas & Electric in the fourth quarter worth $1,898,000. Harrison Street Private Wealth LLC acquired a new position in shares of Pacific Gas & Electric in the first quarter worth $3,643,000. Horizon Investments LLC lifted its position in shares of Pacific Gas & Electric by 69.7% in the fourth quarter. Horizon Investments LLC now owns 164,784 shares of the utilities provider’s stock valued at $2,648,000 after acquiring an additional 67,677 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in shares of Pacific Gas & Electric by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 62,134,132 shares of the utilities provider’s stock valued at $1,019,297,000 after buying an additional 1,132,249 shares during the last quarter. Institutional investors and hedge funds own 78.56% of the company’s stock.

Insider Activity

In related news, EVP Marlene Santos sold 158,250 shares of the firm’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 trade represents a 40.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.22% of the company’s stock.

Wall Street Analysts Forecast Growth

PCG has been the topic of a number of analyst reports. Morgan Stanley decreased 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 research report on Friday, August 21st. BMO Capital Markets cut Pacific Gas & Electric from an “outperform” rating to a “market perform” rating in a report on Monday. Weiss Ratings cut shares of Pacific Gas & Electric from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Truist Financial dropped 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, JPMorgan Chase & Co. cut their target price on Pacific Gas & Electric from $24.00 to $23.00 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $22.20.

Read Our Latest Research Report on PCG

Pacific Gas & Electric Stock Up 0.2%

Shares of NYSE PCG opened at $16.63 on Monday. The company has a debt-to-equity ratio of 1.90, a quick ratio of 1.15 and a current ratio of 1.22. Pacific Gas & Electric Co. has a 1 year low of $14.34 and a 1 year high of $19.16. The stock’s 50-day simple moving average is $17.41 and its 200-day simple moving average is $17.34. The firm has a market cap of $44.57 billion, a price-to-earnings ratio of 12.05, a PEG ratio of 1.08 and a beta of 0.28.

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

About Pacific Gas & Electric

(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.