<div id="readability-page-1"><p>Martin Capital Partners LLC acquired a new position in  Portland General Electric Company (NYSE:POR - Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor  acquired 109,347 shares of the utilities provider's stock, valued at approximately $4,811,000. Martin Capital Partners LLC owned 0.10% of Portland General Electric at the end of the most recent reporting period.</p><p>Other large investors have also modified their holdings of the company. Campbell &amp; CO Investment Adviser LLC grew its position in  Portland General Electric by 38.8% in the 2nd quarter. Campbell &amp; CO Investment Adviser LLC now owns 44,777 shares of the utilities provider's stock valued at $1,819,000 after acquiring an additional 12,518 shares during the last quarter.  ATLAS Infrastructure Partners UK Ltd. grew its holdings in shares of  Portland General Electric by 24.1% in the second quarter. ATLAS Infrastructure Partners UK Ltd. now owns 5,459,258 shares of the utilities provider's stock worth $221,810,000 after purchasing an additional 1,058,623 shares during the last quarter.  Sequoia Financial Advisors LLC purchased a new position in  Portland General Electric in the 2nd quarter worth about $376,000.  Envestnet Asset Management Inc. lifted its holdings in  Portland General Electric by 5.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 513,398 shares of the utilities provider's stock valued at $20,859,000 after buying an additional 26,753 shares in the last quarter.  Finally, Eastern Bank purchased a new stake in  Portland General Electric in the 2nd quarter valued at about $65,000. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of equities analysts have recently commented on POR shares. Mizuho  set a $47.00 target price on shares of Portland General Electric in a research report on Monday, November 3rd. BTIG Research raised Portland General Electric to a &#34;strong-buy&#34; rating in a research report on Wednesday, October 22nd. Barclays increased their price target on Portland General Electric from $43.00 to $47.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Tuesday, October 21st. Weiss Ratings  restated a &#34;hold (c+)&#34; rating on shares of Portland General Electric in a report on Monday, December 8th. Finally, Wells Fargo &amp; Company initiated coverage on shares of Portland General Electric in a report on Monday, October 27th. They set an &#34;equal weight&#34; rating and a $45.00 target price on the stock. One research analyst  has rated the stock with a Strong Buy rating, one  has assigned  a Buy rating, nine have given a Hold rating and two have issued  a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Hold&#34; and a consensus price target of $47.33.</p><p><b>View Our Latest Stock Report on Portland General Electric</b></p><h2>Portland General Electric Price Performance</h2><p>Shares of POR stock opened at $49.32 on Tuesday. The stock's 50-day moving average is $47.43 and its 200 day moving average is $43.77. Portland General Electric Company has a 1-year low of $39.54 and a 1-year high of $51.14. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.08 and a quick ratio of 0.95. The company has a market cap of $5.55 billion, a P/E ratio of 17.94, a PEG ratio of 4.42 and a beta of 0.67. </p><p>Portland General Electric (NYSE:POR - Get Free Report) last released its quarterly earnings results on Thursday, October 30th. The utilities provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. Portland General Electric had a net margin of 8.63% and a return on equity of 8.32%. The business had revenue of $952.00 million during the quarter, compared to analyst estimates of $975.64 million. During the same period in the prior year, the firm posted $0.90 earnings per share. The company's quarterly revenue was up 2.5% on a year-over-year basis.  Research analysts predict that  Portland General Electric Company will post 3.21 earnings per share for the current fiscal year. </p><h2>Portland General Electric Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Shareholders of record on Monday, December 22nd will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend is Monday, December 22nd. Portland General Electric's payout ratio is currently 76.36%. </p><h2>About Portland General Electric</h2> (Free Report)<p>Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six thermal plants, three wind farms, and seven hydroelectric facilities. As of December 31, 2023, the company owned an electric transmission system consisting of 1,254 circuit miles, including 287 circuit miles of 500 kilovolt line, 413 circuit miles of 230 kilovolt line, and 554 miles of 115 kilovolt line; and served 934 thousand retail customers in 51 cities.</p><h2>Read More</h2><ul><li>Five stocks we like better than Portland General Electric</li><li>Why Understanding Call Option Volume is Essential to Successful Options Trading</li><li>Pfizer Adds to Its Big Bet on Weight Loss Drugs</li><li>3 Defense Stocks Set to Benefit From Increased Military Spending</li><li>ServiceNow’s $7 Billion Gamble: Panic or Opportunity?</li><li>Ride Out The Recession With These Dividend Kings </li><li>Dell and HP Are Raising Prices—And Investors Should Take Note</li></ul><p><strong>Want to see what other hedge funds are holding POR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Portland General Electric Company (NYSE:POR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBPUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVBPUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Portland General Electric Right Now?</h2><p>Before you consider Portland General Electric, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Portland General Electric wasn't on the list.</p><p>While Portland General Electric currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Martin Capital Partners LLC acquired 109,347 shares of Portland General Electric Company, valued at $4.81 million, during the third quarter. Other investors also adjusted their holdings. Analysts have mixed ratings on the stock, with a consensus 'Hold' rating and a price target of $47.33. Portland General Electric reported a quarterly EPS of $1.00, beating estimates, and announced a quarterly dividend of $0.525 per share.</p>

Martin Capital Partners LLC Purchases New Holdings in Portland General Electric Company $POR