Portland General Electric
About: Portland General Electric is a regulated electric utility providing generation, transmission, and distribution services in a service territory that includes about half of all Oregon residents and two thirds of the state's business activity. The company owns (wholly or through joint ventures) 3.5 gigawatts of gas, coal, wind, and hydro generation.
Employees: 2,842
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
35% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 46
26% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 134
7% more capital invested
Capital invested by funds: $4.7B [Q2] → $5.01B (+$308M) [Q3]
4% more funds holding
Funds holding: 404 [Q2] → 420 (+16) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
4.03% less ownership
Funds ownership: 105.71% [Q2] → 101.67% (-4.03%) [Q3]
48% less call options, than puts
Call options by funds: $3.66M | Put options by funds: $7.11M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 3%upside $48 | Equal-Weight Maintained | 29 Oct 2024 |
JP Morgan Richard Sunderland 100% 1-year accuracy 2 / 2 met price target | 18%upside $55 | Overweight Maintained | 23 Oct 2024 |
Evercore ISI Group Michael Lonegan 0% 1-year accuracy 0 / 2 met price target | 16%upside $54 | Outperform Initiated | 25 Sept 2024 |
Jefferies Julien Dumoulin-Smith 61% 1-year accuracy 44 / 72 met price target | 3%upside $48 | Hold Initiated | 19 Sept 2024 |
Barclays Nicholas Campanella 72% 1-year accuracy 49 / 68 met price target | 5%upside $49 | Equal-Weight Downgraded | 18 Sept 2024 |
Financial journalist opinion
Based on 4 articles about POR published over the past 30 days
