Pacific Gas & Electric (NYSE:PCG) Sets New 1-Year High Following Dividend Announcement

Pacific Gas & Electric Co. (NYSE:PCG) shares reached a new 52-week high during trading on Friday following a dividend announcement from the company. The stock traded as high as $18.38 and last traded at $18.3450, with a volume of 7743501 shares traded. The stock had previously closed at $18.10.

The newly announced dividend which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 31st. Pacific Gas & Electric’s payout ratio is 16.95%.

Analysts Set New Price Targets

PCG has been the topic of several research reports. Morgan Stanley set a $23.00 price target on Pacific Gas & Electric in a research report on Friday. UBS Group increased their target price on shares of Pacific Gas & Electric from $18.00 to $20.00 and gave the stock a “neutral” rating in a report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Pacific Gas & Electric in a report on Monday, December 29th. Mizuho set a $21.00 price objective on shares of Pacific Gas & Electric in a research note on Wednesday, January 21st. Finally, Jefferies Financial Group cut their target price on shares of Pacific Gas & Electric from $21.00 to $20.00 and set a “buy” rating on the stock in a report on Wednesday, January 28th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $21.09.

Pacific Gas & Electric Stock Up 1.3%

The company has a quick ratio of 0.92, a current ratio of 0.97 and a debt-to-equity ratio of 1.84. The firm’s 50-day moving average price is $16.06 and its 200 day moving average price is $15.77. The firm has a market cap of $40.32 billion, a P/E ratio of 15.55, a price-to-earnings-growth ratio of 0.71 and a beta of 0.36.

Pacific Gas & Electric (NYSE:PCG) last posted its earnings results on Wednesday, February 11th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.36. Pacific Gas & Electric had a net margin of 10.84% and a return on equity of 11.28%. The firm had revenue of $6.80 billion during the quarter, compared to analyst estimates of $7.05 billion. During the same period in the previous year, the business posted $0.31 EPS. As a group, research analysts expect that Pacific Gas & Electric Co. will post 1.49 earnings per share for the current year.

Trending Headlines about Pacific Gas & Electric

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

• Positive Sentiment: Q4 results: PG&E reported adjusted EPS in line with estimates and set FY‑2026 guidance of $1.64–$1.66, which reassures earnings visibility and helped lift sentiment after the print. PG&E Corporation (PCG) gaining after FQ4 2025 earnings, here’s what you should know
• Positive Sentiment: Dividend: The board declared a quarterly cash dividend of $0.05/share (annualized ~$0.20, ~1.1% yield), with an ex‑dividend date of March 31 — a signal of cash‑flow confidence and shareholder returns. PG&E Sets Dates for Quarterly Stock Dividends
• Neutral Sentiment: Revenue miss: Revenue for the quarter came in below analyst expectations (reported ~$6.8B vs. ~$7.05B est.), which tempers the upbeat EPS/guidance reaction and is worth watching for margin and volume trends. PG&E Corporation (PCG) gaining after FQ4 2025 earnings, here’s what you should know
• Neutral Sentiment: Analyst landscape: Mixed price‑target moves (some raises, some trims) leave consensus near a “Hold” with a ~$21 target — analysts still see upside but opinions vary. MarketBeat PCG coverage
• Neutral Sentiment: Institutional positioning: Hedge funds and institutional holders have made modest adjustments; long‑term ownership remains high (~78% institutional), which can dampen volatility but also slow short‑term flows. MarketBeat PCG coverage
• Negative Sentiment: Insider selling: EVP John R. Simon disclosed sales totaling ~50k shares across filings (largest single disclosed sale ~45,607 shares at ~$18.00), which may concern some investors about insider timing or liquidity needs. Pacific Gas & Electric (NYSE:PCG) EVP John Simon Sells 4,393 Shares

Insiders Place Their Bets

In other Pacific Gas & Electric news, EVP John R. Simon sold 45,607 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $18.00, for a total transaction of $820,926.00. Following the completion of the transaction, the executive vice president owned 392,303 shares in the company, valued at approximately $7,061,454. The trade was a 10.41% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.14% of the stock is owned by insiders.

Institutional Investors Weigh In On Pacific Gas & Electric

Hedge funds and other institutional investors have recently modified their holdings of the stock. Titleist Asset Management LLC grew its position in Pacific Gas & Electric by 2.1% in the 3rd quarter. Titleist Asset Management LLC now owns 43,832 shares of the utilities provider’s stock valued at $661,000 after buying an additional 882 shares in the last quarter. FreeGulliver LLC lifted its stake in shares of Pacific Gas & Electric by 7.9% in the 3rd quarter. FreeGulliver LLC now owns 13,482 shares of the utilities provider’s stock worth $203,000 after acquiring an additional 987 shares during the period. Commerzbank Aktiengesellschaft FI boosted its holdings in shares of Pacific Gas & Electric by 2.7% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 42,734 shares of the utilities provider’s stock valued at $687,000 after acquiring an additional 1,142 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of Pacific Gas & Electric by 8.1% during the third quarter. Fifth Third Wealth Advisors LLC now owns 17,195 shares of the utilities provider’s stock valued at $259,000 after acquiring an additional 1,283 shares during the period. Finally, Covestor Ltd raised its holdings in Pacific Gas & Electric by 20.6% during the third quarter. Covestor Ltd now owns 9,029 shares of the utilities provider’s stock worth $136,000 after purchasing an additional 1,544 shares in the last quarter. 78.56% of the stock is currently owned by institutional investors.

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.