Research Analysts’ Weekly Ratings Updates for Pacific Gas & Electric (PCG)

Several brokerages have updated their recommendations and price targets on shares of Pacific Gas & Electric (NYSE: PCG) in the last few weeks:

• 10/15/2026 – Pacific Gas & Electric was given a new $20.00 price target by The Goldman Sachs Group, Inc..
• 10/13/2026 – Pacific Gas & Electric had its “neutral” rating reaffirmed by UBS Group AG.
• 10/12/2026 – Pacific Gas & Electric had its price target lowered by Barclays PLC from $18.00 to $17.00. They now have an “overweight” rating on the stock.
• 10/12/2026 – Pacific Gas & Electric had its price target lowered by JPMorgan Chase & Co. from $18.00 to $17.00. They now have an “overweight” rating on the stock.
• 9/22/2026 – Pacific Gas & Electric had its “neutral” rating reaffirmed by UBS Group AG. They now have a $14.00 price target on the stock, down from $19.00.
• 9/18/2026 – Pacific Gas & Electric had its price target lowered by Morgan Stanley from $22.00 to $20.00. They now have an “equal weight” rating on the stock.
• 9/3/2026 – Pacific Gas & Electric had its price target lowered by Barclays PLC from $23.00 to $18.00. They now have an “overweight” rating on the stock.
• 9/3/2026 – Pacific Gas & Electric had its price target lowered by Mizuho from $16.00 to $14.00. They now have a “neutral” rating on the stock.
• 9/3/2026 – Pacific Gas & Electric was downgraded by Truist Financial Corporation from “buy” to “hold”. They now have a $17.00 price target on the stock, down from $21.00.
• 9/2/2026 – Pacific Gas & Electric had its price target lowered by JPMorgan Chase & Co. from $25.00 to $18.00. They now have an “overweight” rating on the stock.
• 9/1/2026 – Pacific Gas & Electric had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 9/1/2026 – Pacific Gas & Electric was given a new $13.00 price target by Jefferies Financial Group Inc..
• 9/1/2026 – Pacific Gas & Electric had its “neutral” rating reaffirmed by Bank of America Corporation. They now have a $13.00 price target on the stock, down from $24.00.
• 8/31/2026 – Pacific Gas & Electric had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $21.00 price target on the stock, down from $28.00.
• 8/31/2026 – Pacific Gas & Electric was downgraded by Wells Fargo & Company from “overweight” to “buy”.
• 8/31/2026 – Pacific Gas & Electric was downgraded by BMO Capital Markets from “outperform” to “market perform”. They now have a $21.00 price target on the stock, down from $28.00.
• 8/31/2026 – Pacific Gas & Electric had its “equal weight” rating reaffirmed by Wells Fargo & Company. They now have a $24.00 price target on the stock, down from $25.00.
• 8/31/2026 – Pacific Gas & Electric had its “neutral” rating reaffirmed by Mizuho. They now have a $16.00 price target on the stock, down from $21.00.
• 8/21/2026 – Pacific Gas & Electric had its price target lowered by Morgan Stanley from $23.00 to $22.00. They now have an “equal weight” rating on the stock.

Pacific Gas & Electric Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend was Wednesday, September 30th. Pacific Gas & Electric’s dividend payout ratio (DPR) is presently 14.49%.

Insider Activity

In other news, EVP Marlene Santos sold 158,250 shares of Pacific Gas & Electric stock in a transaction on Wednesday, July 22nd. The shares were sold at an average price of $18.00, for a total transaction of $2,848,500.00. Following the transaction, the executive vice president owned 230,885 shares in the company, valued at approximately $4,155,930. The trade was a 40.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director John Larsen purchased 7,500 shares of Pacific Gas & Electric stock in a transaction on Wednesday, September 30th. The stock was bought at an average price of $12.20 per share, for a total transaction of $91,500.00. Following the transaction, the director directly owned 36,685 shares in the company, valued at approximately $447,557. The trade was a 25.70% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have sold 166,000 shares of company stock valued at $2,960,440. 0.22% of the stock is currently owned by corporate insiders.

PG&E Corporation (NYSE: PCG) is the holding company for Pacific Gas and Electric Company, a regulated utility that provides electricity and natural gas delivery services in Northern and Central California. Its operations include maintaining and operating electric transmission and distribution networks, natural gas pipelines, substations, and other infrastructure used to serve residential, commercial, industrial, and agricultural customers.

Pacific Gas and Electric Company serves a broad portion of California, including the San Francisco Bay Area, the Central Valley, and parts of the northern and central regions of the state.