PG&E (PCG) News Today

Sumitomo Mitsui Trust Holdings Inc. cut its stake in PG&E Co. (NYSE:PCG - Free Report) by 2.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,030,080 shares of the utilities provider's stock after selling

PG&E Co. (NYSE:PCG - Free Report) - Investment analysts at Zacks Research dropped their FY2024 earnings per share estimates for PG&E in a research note issued to investors on Wednesday, August 14th. Zacks Research analyst A. Dutta now anticipates that the utilities provider will earn $1.35 per sh

Baker Tilly Wealth Management LLC lessened its position in shares of PG&E Co. (NYSE:PCG - Free Report) by 59.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,126 shares of the utilities

PG&E Co. (NYSE:PCG - Free Report) - Stock analysts at Zacks Research dropped their Q1 2025 earnings per share (EPS) estimates for PG&E in a note issued to investors on Wednesday, August 14th. Zacks Research analyst A. Dutta now forecasts that the utilities provider will post earnings of $0.33 per

Czech National Bank grew its holdings in PG&E Co. (NYSE:PCG - Free Report) by 8.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 407,231 shares of the utilities provider's stock after buying an additional 31,838 shares during the quarter. Czech

Diversify Advisory Services LLC lowered its position in shares of PG&E Co. (NYSE:PCG - Free Report) by 46.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,016 shares of the utilities provider's stock af

QRG Capital Management Inc. raised its position in PG&E Co. (NYSE:PCG - Free Report) by 6.4% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 552,977 shares of the utilities provider's stock after purchasing an

Shares of PG&E Co. (NYSE:PCG - Get Free Report) have been given an average rating of "Moderate Buy" by the eight ratings firms that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The aver

DNB Asset Management AS increased its stake in PG&E Co. (NYSE:PCG - Free Report) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 458,875 shares of the utilities provider's stock after buying an

Comerica Bank lowered its holdings in PG&E Co. (NYSE:PCG - Free Report) by 11.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 266,640 shares of the utilities provider's stock after selling 35,508

Teachers Retirement System of The State of Kentucky grew its holdings in PG&E Co. (NYSE:PCG - Free Report) by 78.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 546,053 shares of the utilities provider's stock after purchasing an additi

California State Teachers Retirement System increased its stake in shares of PG&E Co. (NYSE:PCG - Free Report) by 1.3% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,311,214 shares of the utilities provider's stock after acquiring a

Bayesian Capital Management LP acquired a new position in PG&E Co. (NYSE:PCG - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 141,800 shares of the utilities provider's stock,

Public Employees Retirement System of Ohio reduced its stake in PG&E Co. (NYSE:PCG - Free Report) by 9.1% during the first quarter, according to its most recent filing with the SEC. The fund owned 797,283 shares of the utilities provider's stock after selling 79,374 shares during the quarter. Publi

Gabelli Funds LLC cut its stake in PG&E Co. (NYSE:PCG - Free Report) by 11.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 661,100 shares of the utilities provider's stock after selling 88,999 shares during th

Capital Research Global Investors decreased its holdings in shares of PG&E Co. (NYSE:PCG - Free Report) by 83.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 12,918,821 shares of the utilities provider's stock after selling 66,735,916 shares during t

Toronto Dominion Bank reduced its position in shares of PG&E Co. (NYSE:PCG - Free Report) by 31.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 653,345 shares of the utilities provider's stock after selling

PG&E (NYSE:PCG - Get Free Report) posted its earnings results on Thursday. The utilities provider reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.30 by $0.01. The company had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.86 billion. PG&E had a return on equity of 11.32% and a net margin of 10.05%. PG&E's revenue was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 earnings per share.

Wells Fargo & Company lifted their price objective on shares of PG&E from $21.00 to $22.00 and gave the stock an "overweight" rating in a research report on Friday.