Page 42 - Pg E News Today

PG&E (NYSE:PCG – Get Free Report) released its earnings results on Thursday. The utilities provider reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.02, Briefing.com reports. The business had revenue of $5.86 billion for the quarter, compared to analysts’ expectations of $6.60 billion. PG&E had a return on equity of […]

New York State Common Retirement Fund lifted its stake in shares of PG&E Co. (NYSE:PCG – Free Report) by 3.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,099,873 shares of the utilities provider’s stock after purchasing an additional 60,973 shares during the period. New York State Common Retirement Fund’s holdings in PG&E […]

PG&E (NYSE:PCG – Get Free Report) updated its FY24 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $1.33-1.37 for the period, compared to the consensus estimate of $1.35. PG&E also updated its FY 2024 guidance to 1.330-1.370 EPS. Analyst Ratings Changes Several equities research analysts recently weighed in on the […]

Illinois Municipal Retirement Fund boosted its holdings in PG&E Co. (NYSE:PCG – Free Report) by 194.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 282,790 shares of the utilities provider’s stock after purchasing an additional 186,766 shares during the quarter. Illinois Municipal Retirement […]

Illinois Municipal Retirement Fund increased its holdings in PG&E Co. (NYSE:PCG – Free Report) by 194.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 282,790 shares of the utilities provider’s stock after purchasing an additional 186,766 shares during the period. Illinois Municipal Retirement Fund’s holdings […]

PG&E Co. (NYSE:PCG – Get Free Report) was the recipient of unusually large options trading on Wednesday. Stock traders purchased 45,852 call options on the company. This represents an increase of approximately 505% compared to the typical volume of 7,579 call options. Analyst Upgrades and Downgrades A number of research firms have recently issued reports […]

PG&E Co. (NYSE:PCG – Get Free Report) saw some unusual options trading activity on Wednesday. Stock traders acquired 45,852 call options on the company. This is an increase of 505% compared to the typical daily volume of 7,579 call options. Hedge Funds Weigh In On PG&E Hedge funds and other institutional investors have recently bought […]

A bill inspired by a Sacramento Bee investigation last year died in the state’s senate energy committee.

“We need the governor to protect us from getting slapped with new rate increases, and we need regulators to do their jobs.”

PG&E (NYSE:PCG – Get Free Report) had its target price upped by JPMorgan Chase & Co. from $18.00 to $19.00 in a research note issued to investors on Tuesday, Benzinga reports. The firm presently has a “neutral” rating on the utilities provider’s stock. JPMorgan Chase & Co.‘s price objective points to a potential upside of […]