Pacific Gas & Electric (NYSE:PCG) Reaches New 1-Year High – Time to Buy?

Pacific Gas & Electric Co. (NYSE:PCG)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $18.05 and last traded at $18.0350, with a volume of 3036654 shares changing hands. The stock had previously closed at $17.56.

Key Headlines Impacting Pacific Gas & Electric

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

• Positive Sentiment: PG&E tightened and nudged up its FY2026 EPS guidance to $1.640–$1.660, raising the lower end above Street estimates — a sign management expects steadier earnings into 2026. PG&E Corporation Reports Solid 2025 Results, Tightens 2026 Earnings Guidance
• Positive Sentiment: Unusual options flow: traders bought ~45,532 call contracts (about a 77% jump vs typical volume), which can signal bullish positioning and may amplify short‑term upside. (reported trading alert)
• Positive Sentiment: Wall Street sentiment is generally favorable — multiple recent buy/overweight ratings and a median analyst target (~$21) provide upside narrative relative to the current price. PG&E ($PCG) Releases Q4 2025 Earnings
• Neutral Sentiment: Reported Q4 EPS of $0.36 matched consensus and improved year-over-year (from $0.31), removing an immediate earnings surprise risk. PG&E Q4 Earnings in Line With Estimates, Revenues Increase Y/Y
• Negative Sentiment: Revenue missed analyst expectations (reported ~$6.80B vs. estimates near $7.05–7.12B), which could limit upside if top‑line weakness persists. PG&E ($PCG) Releases Q4 2025 Earnings
• Negative Sentiment: Fourth‑quarter net income declined year‑over‑year, noted by coverage like the WSJ, which could temper longer‑term sentiment despite the tightened guidance. PG&E Profit Down, Tightens Adj EPS View for Year

Wall Street Analysts Forecast Growth

PCG has been the topic of several research reports. Mizuho set a $21.00 price objective on Pacific Gas & Electric in a report on Wednesday, January 21st. Wall Street Zen raised shares of Pacific Gas & Electric from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. TD Cowen reissued a “buy” rating on shares of Pacific Gas & Electric in a report on Thursday, December 4th. JPMorgan Chase & Co. decreased their price objective on Pacific Gas & Electric from $22.00 to $21.00 and set an “overweight” rating for the company in a research note on Friday, December 12th. Finally, UBS Group raised their price objective on Pacific Gas & Electric from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Friday, October 24th. Seven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $20.55.

Pacific Gas & Electric Stock Up 2.6%

The company has a current ratio of 0.94, a quick ratio of 0.89 and a debt-to-equity ratio of 1.81. The business’s 50-day simple moving average is $15.69 and its 200-day simple moving average is $15.61. The company has a market capitalization of $39.60 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 0.66 and a beta of 0.36.

Pacific Gas & Electric (NYSE:PCG) last issued its earnings results on Thursday, February 12th. The utilities provider reported $0.36 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.36. The firm had revenue of $6.80 billion during the quarter, compared to analysts’ expectations of $7.05 billion. Pacific Gas & Electric had a net margin of 10.93% and a return on equity of 11.10%. During the same quarter last year, the company posted $0.31 earnings per share. Pacific Gas & Electric has set its FY 2026 guidance at 1.640-1.660 EPS. As a group, equities research analysts anticipate that Pacific Gas & Electric Co. will post 1.49 EPS for the current fiscal year.

Pacific Gas & Electric Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were issued a $0.05 dividend. This is a boost from Pacific Gas & Electric’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.20 annualized dividend and a dividend yield of 1.1%. Pacific Gas & Electric’s payout ratio is presently 16.81%.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of PCG. Pinebridge Investments LLC purchased a new stake in Pacific Gas & Electric in the 4th quarter worth approximately $28,967,000. Geode Capital Management LLC increased its holdings in Pacific Gas & Electric by 3.0% in the second quarter. Geode Capital Management LLC now owns 58,079,843 shares of the utilities provider’s stock valued at $819,447,000 after buying an additional 1,676,093 shares in the last quarter. Quinn Opportunity Partners LLC raised its position in shares of Pacific Gas & Electric by 510.0% in the second quarter. Quinn Opportunity Partners LLC now owns 960,456 shares of the utilities provider’s stock worth $13,389,000 after acquiring an additional 803,000 shares during the period. SG Americas Securities LLC boosted its stake in shares of Pacific Gas & Electric by 3,875.9% during the 4th quarter. SG Americas Securities LLC now owns 639,689 shares of the utilities provider’s stock worth $10,280,000 after acquiring an additional 623,600 shares in the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S grew its position in shares of Pacific Gas & Electric by 499.7% during the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 433,064 shares of the utilities provider’s stock valued at $6,037,000 after acquiring an additional 360,845 shares during the period. 78.56% of the stock is currently owned by hedge funds and other 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.