Zacks Research Has Optimistic Outlook of PG&E Q3 Earnings

PG&E Co. (NYSE:PCG) – Zacks Research lifted their Q3 2025 EPS estimates for shares of PG&E in a report issued on Thursday, March 6th. Zacks Research analyst A. Dutta now expects that the utilities provider will post earnings of $0.36 per share for the quarter, up from their prior estimate of $0.33. The consensus estimate for PG&E’s current full-year earnings is $1.49 per share. Zacks Research also issued estimates for PG&E’s Q1 2026 earnings at $0.36 EPS and Q3 2026 earnings at $0.36 EPS.

A number of other analysts have also recently commented on PCG. Morgan Stanley cut shares of PG&E from an “equal weight” rating to an “underweight” rating and reduced their target price for the company from $20.00 to $16.50 in a report on Friday, February 14th. Mizuho upped their target price on shares of PG&E from $24.00 to $26.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Barclays reduced their target price on shares of PG&E from $24.00 to $23.00 and set an “overweight” rating for the company in a report on Monday, January 27th. Guggenheim cut shares of PG&E from a “buy” rating to a “neutral” rating in a report on Tuesday, February 18th. Finally, UBS Group reduced their target price on shares of PG&E from $24.00 to $22.00 and set a “buy” rating for the company in a report on Thursday, January 30th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the stock. According to MarketBeat, PG&E currently has a consensus rating of “Moderate Buy” and an average target price of $22.23.

PG&E Stock Up 1.5 %

PCG opened at $16.16 on Monday. The company has a quick ratio of 1.00, a current ratio of 1.05 and a debt-to-equity ratio of 1.86. The firm has a 50 day moving average price of $16.59 and a 200-day moving average price of $18.92. PG&E has a twelve month low of $14.99 and a twelve month high of $21.72. The stock has a market capitalization of $43.16 billion, a price-to-earnings ratio of 14.05, a PEG ratio of 1.09 and a beta of 1.04.

PG&E (NYSE:PCG) last issued its earnings results on Thursday, February 13th. The utilities provider reported $0.31 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.31. The firm had revenue of $6.63 billion for the quarter, compared to the consensus estimate of $7.29 billion. PG&E had a net margin of 10.27% and a return on equity of 10.94%. During the same quarter in the prior year, the firm posted $0.47 earnings per share.

PG&E Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.62%. PG&E’s dividend payout ratio is 8.70%.

Insider Buying and Selling

In other PG&E news, EVP Carla J. Peterman sold 32,521 shares of the stock in a transaction on Tuesday, March 4th. The shares were sold at an average price of $16.37, for a total transaction of $532,368.77. Following the completion of the transaction, the executive vice president now owns 183,635 shares in the company, valued at $3,006,104.95. This trade represents a 15.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Arno Lockheart Harris acquired 6,389 shares of the stock in a transaction on Thursday, February 20th. The shares were acquired at an average price of $15.66 per share, with a total value of $100,051.74. Following the transaction, the director now directly owns 14,864 shares of the company’s stock, valued at $232,770.24. The trade was a 75.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.15% of the stock is owned by company insiders.

Hedge Funds Weigh In On PG&E

Several institutional investors have recently bought and sold shares of the business. Versant Capital Management Inc lifted its position in PG&E by 68.3% during the fourth quarter. Versant Capital Management Inc now owns 1,543 shares of the utilities provider’s stock valued at $31,000 after purchasing an additional 626 shares during the last quarter. Commerce Bank raised its stake in shares of PG&E by 1.5% in the third quarter. Commerce Bank now owns 47,051 shares of the utilities provider’s stock valued at $930,000 after acquiring an additional 712 shares during the period. Baker Tilly Wealth Management LLC raised its stake in shares of PG&E by 4.6% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 16,337 shares of the utilities provider’s stock valued at $330,000 after acquiring an additional 715 shares during the period. Continuum Advisory LLC raised its stake in shares of PG&E by 11.4% in the third quarter. Continuum Advisory LLC now owns 7,501 shares of the utilities provider’s stock valued at $157,000 after acquiring an additional 769 shares during the period. Finally, Level Four Advisory Services LLC raised its stake in shares of PG&E by 7.5% in the fourth quarter. Level Four Advisory Services LLC now owns 11,066 shares of the utilities provider’s stock valued at $223,000 after acquiring an additional 772 shares during the period. Institutional investors own 78.56% of the company’s stock.

PG&E Company Profile

PG&E Corp. operates as a holding company, which engages in generation, transmission, and distribution of electricity and natural gas to customers. It specializes in energy, utility, power, gas, electricity, solar and sustainability. The company was founded in 1995 and is headquartered in Oakland, CA.