Pacific Gas & Electric Sees Unusually Large Options Volume (NYSE:PCG)

Pacific Gas & Electric Co. (NYSE:PCG) saw some unusual options trading on Thursday. Traders acquired 45,532 call options on the stock. This is an increase of 77% compared to the typical volume of 25,797 call options.

Institutional Investors Weigh In On Pacific Gas & Electric

Large investors have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Pacific Gas & Electric during the 3rd quarter worth about $27,000. Versant Capital Management Inc grew its stake in Pacific Gas & Electric by 826.2% during the third quarter. Versant Capital Management Inc now owns 1,945 shares of the utilities provider’s stock worth $29,000 after buying an additional 1,735 shares during the last quarter. Torren Management LLC acquired a new stake in shares of Pacific Gas & Electric during the fourth quarter worth approximately $33,000. Modus Advisors LLC bought a new position in shares of Pacific Gas & Electric in the fourth quarter valued at approximately $36,000. Finally, Cornerstone Planning Group LLC raised its stake in shares of Pacific Gas & Electric by 3,240.8% in the third quarter. Cornerstone Planning Group LLC now owns 2,372 shares of the utilities provider’s stock valued at $36,000 after acquiring an additional 2,301 shares during the last quarter. Institutional investors own 78.56% of the company’s stock.

Pacific Gas & Electric Stock Performance

NYSE PCG opened at $18.13 on Friday. The stock has a market cap of $39.84 billion, a P/E ratio of 15.36, a PEG ratio of 0.67 and a beta of 0.36. The company’s 50-day simple moving average is $15.75 and its 200 day simple moving average is $15.64. Pacific Gas & Electric has a twelve month low of $12.97 and a twelve month high of $18.20. The company has a quick ratio of 0.89, a current ratio of 0.94 and a debt-to-equity ratio of 1.81.

Pacific Gas & Electric (NYSE:PCG) last announced its quarterly earnings results on Thursday, February 12th. The utilities provider reported $0.36 EPS for the quarter, hitting analysts’ consensus estimates of $0.36. The firm had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $7.05 billion. Pacific Gas & Electric had a net margin of 10.84% and a return on equity of 11.40%. During the same quarter last year, the company 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 forecast that Pacific Gas & Electric will post 1.49 earnings per share for the current fiscal year.

Pacific Gas & Electric Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Wednesday, December 31st were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.1%. This is a positive change from Pacific Gas & Electric’s previous quarterly dividend of $0.03. The ex-dividend date was Wednesday, December 31st. Pacific Gas & Electric’s dividend payout ratio (DPR) is currently 16.95%.

Analysts Set New Price Targets

PCG has been the subject of a number of research reports. Jefferies Financial Group reduced their price target on shares of Pacific Gas & Electric from $21.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, January 28th. TD Cowen reaffirmed a “buy” rating on shares of Pacific Gas & Electric in a research report on Thursday, December 4th. Wall Street Zen downgraded Pacific Gas & Electric from a “buy” rating to a “hold” rating in a research report on Saturday. Mizuho set a $21.00 price target on Pacific Gas & Electric in a research note on Wednesday, January 21st. Finally, JPMorgan Chase & Co. cut their price target on Pacific Gas & Electric from $22.00 to $21.00 and set an “overweight” rating for the company in a report on Friday, December 12th. Seven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $20.55.

More Pacific Gas & Electric News

Here are the key news stories impacting Pacific Gas & Electric this week:

• Positive Sentiment: Company tightened its 2026 profit outlook citing stronger power demand, raising the lower end of FY26 adjusted EPS guidance (management set FY26 EPS at 1.640–1.660). This guidance lift and demand commentary is a key driver of today’s upside. Utility PG&E tightens 2026 profit forecast
• Positive Sentiment: Analyst support and price targets skew positive (multiple buy/overweight ratings and median 6‑month targets around $21), which can bolster investor sentiment and multiple expansion. PG&E ($PCG) Releases Q4 2025 Earnings
• Positive Sentiment: Q4 EPS of $0.36 met consensus and improved year-over-year (from $0.31), and operating metrics (net margin, ROE) showed improvement — supports the narrative of steady earnings power. PG&E Q4 Earnings in Line With Estimates
• Neutral Sentiment: Unusually heavy call-option buying was observed (≈45,532 calls, a ~77% increase vs. typical volume), signaling speculative or hedged bullish positioning by some traders but not a guaranteed directional signal.
• Neutral Sentiment: Company released earnings slide deck and full call transcripts — useful for modeling but not new fundamental news. PG&E Q4 2025 Earnings Call Transcript
• Negative Sentiment: Reported revenue missed Street estimates (~$6.80B vs. ~$7.05B consensus), and GAAP profit fell year-over-year; top-line weakness tempers the EPS beat narrative and could constrain upside. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: Large institutional reductions (notably Capital Research and Capital International trimming sizeable stakes) were reported, which may increase share supply pressure or signal some investors taking profits/rotating. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: PG&E warned of a powerful winter storm and pre-positioned crews — operational readiness reduces near-term safety risk but severe weather raises the prospect of customer outages, repair costs and regulatory scrutiny if service is disrupted. Ahead of Winter Storm, PG&E Mobilizes Crews

About Pacific Gas & Electric

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.