Pacific Gas & Electric Co. $PCG Shares Bought by Rothschild Investment LLC

Rothschild Investment LLC increased its stake in Pacific Gas & Electric Co. (NYSE:PCG) by 123.6% in the fourth quarter, Holdings Channel reports. The firm owned 58,576 shares of the utilities provider’s stock after purchasing an additional 32,375 shares during the period. Rothschild Investment LLC’s holdings in Pacific Gas & Electric were worth $941,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Torren Management LLC acquired a new stake in Pacific Gas & Electric in the 4th quarter worth approximately $33,000. Cornerstone Planning Group LLC boosted its stake in Pacific Gas & Electric by 3,240.8% in the 3rd quarter. Cornerstone Planning Group LLC now owns 2,372 shares of the utilities provider’s stock worth $36,000 after purchasing an additional 2,301 shares in the last quarter. Brown Brothers Harriman & Co. boosted its stake in Pacific Gas & Electric by 908.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 6,618 shares of the utilities provider’s stock worth $100,000 after purchasing an additional 5,962 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in Pacific Gas & Electric by 350.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 9,900 shares of the utilities provider’s stock worth $149,000 after purchasing an additional 7,700 shares in the last quarter. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Pacific Gas & Electric in the 1st quarter worth approximately $203,000. 78.56% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on PCG. Wells Fargo & Company reiterated an “overweight” rating and issued a $25.00 target price on shares of Pacific Gas & Electric in a research note on Tuesday, April 21st. Weiss Ratings upgraded shares of Pacific Gas & Electric from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 19th. JPMorgan Chase & Co. lowered their target price on shares of Pacific Gas & Electric from $24.00 to $23.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Barclays lifted their price objective on shares of Pacific Gas & Electric from $21.00 to $23.00 and gave the company an “overweight” rating in a research note on Wednesday, February 18th. Finally, Morgan Stanley set a $22.00 price objective on shares of Pacific Gas & Electric in a research note on Thursday, May 21st. Seven analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $22.10.

Pacific Gas & Electric Stock Up 0.3%

PCG stock opened at $16.35 on Friday. The firm has a market cap of $43.81 billion, a PE ratio of 12.67, a P/E/G ratio of 0.62 and a beta of 0.29. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.13 and a current ratio of 1.20. The firm’s fifty day moving average is $17.00 and its 200 day moving average is $16.64. Pacific Gas & Electric Co. has a one year low of $12.97 and a one year high of $19.16.

Pacific Gas & Electric (NYSE:PCG) last released its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. The company had revenue of $6.88 billion for the quarter, compared to analyst estimates of $6.20 billion. Pacific Gas & Electric had a net margin of 11.44% and a return on equity of 11.95%. The firm’s revenue was up 15.0% on a year-over-year basis. During the same quarter last year, the business earned $0.33 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. On average, research analysts forecast that Pacific Gas & Electric Co. will post 1.65 EPS for the current year.

Pacific Gas & Electric Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, June 30th. Pacific Gas & Electric’s dividend payout ratio (DPR) is currently 15.50%.

Insider Activity at Pacific Gas & Electric

In related news, EVP Carla J. Peterman sold 31,786 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $18.31, for a total transaction of $582,001.66. Following the sale, the executive vice president owned 195,091 shares in the company, valued at approximately $3,572,116.21. This trade represents a 14.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kerry Whorton Cooper sold 2,500 shares of the firm’s stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $18.68, for a total transaction of $46,700.00. Following the sale, the director owned 73,141 shares in the company, valued at approximately $1,366,273.88. This represents a 3.31% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 81,550 shares of company stock worth $1,401,468. 0.22% of the stock is owned by company insiders.

Pacific Gas & Electric Company Profile

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.