Several brokerages have updated their recommendations and price targets on shares of Public Service Enterprise Group (NYSE: PEG) in the last few weeks:
- 7/20/2025 – Public Service Enterprise Group was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
- 7/12/2025 – Public Service Enterprise Group was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating.
- 7/10/2025 – Public Service Enterprise Group had its price target lowered by analysts at Barclays PLC from $83.00 to $82.00. They now have an “equal weight” rating on the stock.
- 7/7/2025 – Public Service Enterprise Group was upgraded by analysts at UBS Group AG from a “neutral” rating to a “buy” rating. They now have a $97.00 price target on the stock, up previously from $86.00.
- 6/18/2025 – Public Service Enterprise Group had its price target lowered by analysts at Morgan Stanley from $101.00 to $100.00. They now have an “overweight” rating on the stock.
Public Service Enterprise Group Trading Up 0.1%
NYSE:PEG opened at $84.43 on Tuesday. The firm has a market capitalization of $42.13 billion, a P/E ratio of 23.07, a PEG ratio of 3.02 and a beta of 0.48. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.82 and a quick ratio of 0.65. Public Service Enterprise Group Incorporated has a one year low of $73.83 and a one year high of $95.22. The company’s 50-day simple moving average is $80.98 and its 200 day simple moving average is $82.05.
Public Service Enterprise Group (NYSE:PEG – Get Free Report) last posted its earnings results on Wednesday, April 30th. The utilities provider reported $1.43 EPS for the quarter, hitting analysts’ consensus estimates of $1.43. Public Service Enterprise Group had a return on equity of 11.80% and a net margin of 17.01%. The business had revenue of $3.22 billion during the quarter, compared to analyst estimates of $3.15 billion. During the same quarter last year, the company earned $1.31 EPS. The company’s quarterly revenue was up 16.7% compared to the same quarter last year. As a group, analysts forecast that Public Service Enterprise Group Incorporated will post 3.67 EPS for the current fiscal year.
Public Service Enterprise Group Dividend Announcement
Insider Buying and Selling
In other Public Service Enterprise Group news, CEO Ralph A. Larossa sold 1,387 shares of the firm’s stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $83.12, for a total transaction of $115,287.44. Following the sale, the chief executive officer owned 218,328 shares in the company, valued at approximately $18,147,423.36. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.19% of the company’s stock.
Hedge Funds Weigh In On Public Service Enterprise Group
Large investors have recently modified their holdings of the stock. Centre Asset Management LLC raised its position in Public Service Enterprise Group by 3.2% during the 1st quarter. Centre Asset Management LLC now owns 3,933 shares of the utilities provider’s stock valued at $324,000 after purchasing an additional 121 shares in the last quarter. FourThought Financial Partners LLC increased its stake in shares of Public Service Enterprise Group by 2.8% during the first quarter. FourThought Financial Partners LLC now owns 4,588 shares of the utilities provider’s stock valued at $378,000 after buying an additional 127 shares during the period. Oregon Public Employees Retirement Fund raised its holdings in shares of Public Service Enterprise Group by 0.3% in the first quarter. Oregon Public Employees Retirement Fund now owns 42,803 shares of the utilities provider’s stock valued at $3,523,000 after acquiring an additional 130 shares in the last quarter. Summit Financial LLC lifted its stake in Public Service Enterprise Group by 2.2% in the first quarter. Summit Financial LLC now owns 6,166 shares of the utilities provider’s stock worth $507,000 after acquiring an additional 133 shares during the period. Finally, UMB Bank n.a. grew its holdings in Public Service Enterprise Group by 1.1% during the 2nd quarter. UMB Bank n.a. now owns 12,363 shares of the utilities provider’s stock worth $1,041,000 after acquiring an additional 139 shares in the last quarter. Institutional investors own 73.34% of the company’s stock.
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.
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