Why PG&E (PCG) Stock Is Up Today | Quiver Quantitative

PG&E Corporation (PCG) is up 3.3% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied mainly to investor positioning ahead of PG&E’s second-quarter 2026 earnings release scheduled for July 23, 2026, combined with the company’s previously reaffirmed 2026 earnings outlook and ongoing rate-base growth. This could also reflect a view that near-term operational and regulatory issues are manageable relative to the company’s longer-term earnings trajectory.

Details:

PG&E said on June 25 that it will report second-quarter 2026 results and hold its earnings call on July 23, 2026, which can drive pre-earnings buying interest.

In its first-quarter 2026 materials, the company posted higher year-over-year earnings and said results were helped by customer capital investment, a higher rate base, and operating savings.

PG&E reaffirmed its 2026 non-GAAP core earnings guidance in first-quarter disclosures, giving investors a recent baseline for expectations heading into the next report.

A recent California regulatory staff proposal sought a penalty tied to the 2022 Mosquito Fire, but the stock’s gain suggests the market may be focusing more on earnings visibility and infrastructure investment than on that headline.

Sources:

PG&E Corporation, SEC, California Public Utilities Commission

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$PCG Insider Trading Activity

$PCG insiders have traded $PCG stock on the open market 10 times in the past 6 months. Of those trades, 0 have been purchases and 10 have been sales.

Here’s a breakdown of recent trading of $PCG stock by insiders over the last 6 months:

CARLA J PETERMAN (President, EVP Cust&Corp Afrs) has made 0 purchases and 2 sales selling 63,572 shares for an estimated $1,112,192.
PATRICIA K POPPE (Chief Executive Officer) has made 0 purchases and 2 sales selling 62,500 shares for an estimated $1,071,562.
SUMEET SINGH (CEO and EVP at PG&E Company) sold 55,698 shares for an estimated $1,020,387
JOHN R SIMON (EVP, GC, Chief E&C Officer) has made 0 purchases and 2 sales selling 50,000 shares for an estimated $900,043.
JASON M GLICKMAN (EVP, Strategy and Growth) sold 47,264 shares for an estimated $772,766
KERRY WHORTON COOPER has made 0 purchases and 2 sales selling 3,750 shares for an estimated $67,325.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$PCG Hedge Fund Activity

We have seen 463 institutional investors add shares of $PCG stock to their portfolio, and 338 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

THIRD POINT LLC removed 34,300,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $602,651,000
CAPITAL RESEARCH GLOBAL INVESTORS removed 15,199,087 shares (-46.7%) from their portfolio in Q1 2026, for an estimated $267,047,958
CAPITAL INTERNATIONAL INVESTORS removed 12,776,909 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $224,490,291
AQR CAPITAL MANAGEMENT LLC added 11,390,203 shares (+15.2%) to their portfolio in Q1 2026, for an estimated $200,125,866
POINTSTATE CAPITAL LP added 9,672,218 shares (+82.0%) to their portfolio in Q1 2026, for an estimated $169,940,870
BLACKROCK, INC. removed 8,682,423 shares (-4.3%) from their portfolio in Q1 2026, for an estimated $152,550,172
CLEARBRIDGE INVESTMENTS, LLC added 8,430,869 shares (+48.0%) to their portfolio in Q1 2026, for an estimated $148,130,368

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$PCG Analyst Ratings

Wall Street analysts have issued reports on $PCG in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Jefferies issued a "Buy" rating on 01/28/2026

To track analyst ratings and price targets for $PCG, check out Quiver Quantitative's $PCG forecast page.

$PCG Price Targets

Multiple analysts have issued price targets for $PCG recently. We have seen 6 analysts offer price targets for $PCG in the last 6 months, with a median target of $23.0.

Here are some recent targets:

Richard Sunderland from Truist Securities set a target price of $22.0 on 05/18/2026
Aidan Kelly from JP Morgan set a target price of $23.0 on 05/15/2026
Julien Dumoulin-Smith from Jefferies set a target price of $19.0 on 03/23/2026
Gregg Orrill from UBS set a target price of $23.0 on 03/09/2026
Nicholas Campanella from Barclays set a target price of $23.0 on 02/18/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.