Portland General Electric (POR)

• Market cap: $4.85B
• 1 day: 1.28%
• 5 days: 5.22%
• 1 month: 4.43%
• 3 months: -6.81%
• 6 months: -6.41%
• Year to date: 2.66%
• 1 year: 6.97%
• 5 years: -28.88%
• 10 years: 18.51%
• Sector: Utilities
• Industry: Electric Services

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: 2,915

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

27% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 49

24% more repeat investments, than reductions

Existing positions increased: 171 | Existing positions reduced: 138

5% more call options, than puts

Call options by funds: $2.63M | Put options by funds: $2.49M

1% less funds holding

Funds holding: 430 [Q3] → 427 (-3) [Q4]

3.8% less ownership

Funds ownership: 105.01% [Q3] → 101.2% (-3.8%) [Q4]

10% less capital invested

Capital invested by funds: $5.18B [Q3] → $4.66B (-$518M) [Q4]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q3] → 3 (-1) [Q4]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $42 5% downside
• Avg. target: $46 4% upside
• High target: $51 15% upside

6 analyst ratings

• positive: 2 33%
• neutral: 3 50%
• negative: 1 17%

Evercore ISI Group Michael Lonegan 50% 1-year accuracy 2 / 4 met price target	15% upside $51	Outperform Maintained	18 Feb 2025
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 87 / 158 met price target	5% downside $42	Hold Maintained	28 Jan 2025
Barclays Nicholas Campanella 64% 1-year accuracy 50 / 78 met price target	5% downside $42	Equal-Weight Maintained	27 Jan 2025
UBS Gregg Orrill 17% 1-year accuracy 1 / 6 met price target	6% upside $47	Neutral Downgraded	3 Jan 2025
B of A Securities Ross Fowler 71% 1-year accuracy 17 / 24 met price target	3% downside $43	Underperform Maintained	24 Dec 2024