PG&E
About: PG&E is a holding company whose main subsidiary is Pacific Gas and Electric, a regulated utility operating in Central and Northern California that serves 5.3 million electricity customers and 4.6 million gas customers in 47 of the state's 58 counties. PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization.
Employees: 28,400
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 8 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 59
88% more repeat investments, than reductions
Existing positions increased: 334 | Existing positions reduced: 178
19% more funds holding in top 10
Funds holding in top 10: 16 [Q3] → 19 (+3) [Q4]
8% more capital invested
Capital invested by funds: $38.7B [Q3] → $41.6B (+$2.95B) [Q4]
8% more funds holding
Funds holding: 665 [Q3] → 715 (+50) [Q4]
2.46% more ownership
Funds ownership: 91.5% [Q3] → 93.96% (+2.46%) [Q4]
38% less call options, than puts
Call options by funds: $206M | Put options by funds: $331M
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$17
3%
upside
Avg. target
$19.81
20%
upside
High target
$22
33%
upside
8 analyst ratings
4 positive
50%
3 neutral
38%
1 negative
13%
Evercore ISI Group Michael Lonegan 60% 1-year accuracy 3 / 5 met price target | 3%upside $17 | In-Line Maintained | 28 Apr 2025 |
Guggenheim Shahriar Pourreza 52% 1-year accuracy 12 / 23 met price target | 3%upside $17 | Neutral Maintained | 25 Apr 2025 |
Jefferies Julien Dumoulin-Smith 58% 1-year accuracy 47 / 81 met price target | 33%upside $22 | Buy Maintained | 23 Apr 2025 |
BMO Capital James Thalacker 78% 1-year accuracy 59 / 76 met price target | 33%upside $22 | Outperform Maintained | 14 Apr 2025 |
Barclays Nicholas Campanella 58% 1-year accuracy 46 / 80 met price target | 33%upside $22 | Overweight Maintained | 9 Apr 2025 |
Financial journalist opinion
Based on 22 articles about PCG published over the past 30 days
Positive
Zacks Investment Research
10 hours ago
Why PG&E (PCG) is a Top Momentum Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Neutral
PRNewsWire
1 day ago
EV Access Key to Meeting California's Climate Goals and Can Help Lower Electric Prices
PG&E Accelerating EV Adoption Among Customers With Limited Financial Resources OAKLAND, Calif. , April 29, 2025 /PRNewswire/ -- Electric Vehicles (EVs) are key to achieving California's climate goals and can help lower electric rates for customers, but research shows that the cost of owning an EV can be a challenge for drivers in lower-income communities.
Positive
Zacks Investment Research
1 day ago
Top Wind Energy Stocks to Add to Your Portfolio for Solid Returns
Leading wind energy stocks like EXC, BEP, AES and PCG present compelling opportunities, given their strong foothold in the market and focus on expansion.
Neutral
PRNewsWire
2 days ago
New PG&E Service Offering Makes It Easier and Faster to Connect EV Chargers, EV Fleets and Big Batteries to the Grid
Flexible Service Connection allows customers with controllable power needs to connect to the grid without waiting for upgrades OAKLAND, Calif. , April 28, 2025 /PRNewswire/ -- As more people in California buy electric cars and commercial fleets transition to EVs, the need grows for more places to charge them.
Positive
Zacks Investment Research
2 days ago
Why PG&E (PCG) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Positive
Seeking Alpha
2 days ago
PG&E: An Unpopular Utility Is Improving Its Portfolio
PG&E is improving its portfolio, cash flow, and shareholder returns despite high rates, wildfire risks, and capital costs. The company targets 9% annual EPS growth and plans to increase its dividend by 2028. A massive 8.7 GW datacenter pipeline will help spread transmission costs and stabilize customer bills.
Positive
Zacks Investment Research
5 days ago
Buy These 5 Old Economy Stocks With Double-Digit Upside for Near Term
We recommend investing in five old economy stocks with a favorable Zacks Rank for short-term double-digit upside potential. These are: PCG, FIX, DXPE, PGR, GE.
Neutral
PRNewsWire
6 days ago
PG&E's Aerial System Drone Fleet Supports Safe, Reliable Energy System
OAKLAND, Calif. , April 24, 2025 /PRNewswire/ -- The Federal Aviation Administration (FAA) recognizes April 26 as National Drone Safety Day.
Neutral
Seeking Alpha
6 days ago
PG&E Corporation (PCG) Q1 2025 Earnings Call Transcript
PG&E Corporation (NYSE:PCG ) Q1 2025 Earnings Conference Call April 24, 2025 11:00 AM ET Company Participants Jonathan Arnold - Vice President, Investor Relations Patti Poppe - Chief Executive Officer Carolyn Burke - Executive Vice President & Chief Financial Officer Conference Call Participants Nicholas Campanella - Barclays Constantine Lednev - Guggenheim Partners Richard Sunderland - JPMorgan Securities LLC Julien Dumoulin-Smith - Jefferies Anthony Crowdell - Mizuho Carly Davenport - Goldman Sachs Ryan Levine - Citi David Arcaro - Morgan Stanley David Paz - Wolfe Research Michael Lonegan - Evercore ISI Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today.
Neutral
CNBC Television
6 days ago
Stocks on the Move: Merck, Gilead Sciences, P&G, PG&E Corp, Adobe and the URNM
The Investment Committee debate how to trade some stocks on the move today.
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