Pacific Gas & Electric Co. (NYSE:PCG) Receives $22.10 Average Price Target from Analysts

21 Jun 2026, 07:38 by Amy Steele · The Cerbat Gem

Shares of Pacific Gas & Electric Co. (NYSE:PCG – Get Free Report) have earned an average rating of “Moderate Buy” from the eleven analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $22.10.

A number of research firms have weighed in on PCG. JPMorgan Chase & Co. cut their target price on Pacific Gas & Electric from $24.00 to $23.00 and set an “overweight” rating for the company in a research report on Friday, May 15th. Wells Fargo & Company restated an “overweight” rating and issued a $25.00 target price on shares of Pacific Gas & Electric in a research report on Tuesday, April 21st. UBS Group upgraded Pacific Gas & Electric from a “neutral” rating to a “buy” rating in a research report on Monday, March 9th. Morgan Stanley set a $22.00 target price on Pacific Gas & Electric in a research report on Thursday, May 21st. Finally, Wall Street Zen upgraded Pacific Gas & Electric from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th.

View Our Latest Stock Report on Pacific Gas & Electric

Pacific Gas & Electric Stock Performance

PCG opened at $16.47 on Friday. The company has a market capitalization of $44.13 billion, a price-to-earnings ratio of 12.76, a price-to-earnings-growth ratio of 0.63 and a beta of 0.27. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.20 and a quick ratio of 1.13. Pacific Gas & Electric has a 1-year low of $12.97 and a 1-year high of $19.16. The business has a 50 day moving average price of $16.71 and a two-hundred day moving average price of $16.69.

Pacific Gas & Electric (NYSE:PCG – Get Free Report) last released its earnings results on Thursday, April 23rd. The utilities provider reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.04. The firm had revenue of $6.88 billion during the quarter, compared to the consensus estimate of $6.20 billion. Pacific Gas & Electric had a return on equity of 11.95% and a net margin of 11.44%.The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.33 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. Research analysts predict that Pacific Gas & Electric will post 1.65 EPS for the current fiscal year.

Pacific Gas & Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be issued a $0.05 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.20 annualized dividend and a dividend yield of 1.2%. Pacific Gas & Electric’s dividend payout ratio is currently 15.50%.

Insider Activity

In other Pacific Gas & Electric news, EVP Jason M. Glickman sold 47,264 shares of the company’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $16.35, for a total value of $772,766.40. Following the transaction, the executive vice president owned 136,433 shares of the company’s stock, valued at approximately $2,230,679.55. This represents a 25.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC increased its holdings in shares of Pacific Gas & Electric by 5.9% in the first quarter. Parallel Advisors LLC now owns 41,792 shares of the utilities provider’s stock valued at $734,000 after buying an additional 2,313 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Pacific Gas & Electric by 17.8% in the first quarter. EverSource Wealth Advisors LLC now owns 89,298 shares of the utilities provider’s stock valued at $1,569,000 after buying an additional 13,478 shares in the last quarter. DGS Capital Management LLC bought a new position in shares of Pacific Gas & Electric in the first quarter valued at $246,000. Hunter Associates Investment Management LLC bought a new position in shares of Pacific Gas & Electric in the first quarter valued at $383,000. Finally, Harrison Street Private Wealth LLC bought a new position in shares of Pacific Gas & Electric in the first quarter valued at $3,643,000. Institutional investors own 78.56% of the company’s stock.

About Pacific Gas & Electric

(Get Free Report)

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.