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Public Service Enterprise Group Incorporated PEG - News Analyzed: 3,856 - Last Week: 98 - Last Month: 492

↝ Mixed Market Performance reported for Public Service Enterprise Group Incorporated PEG, Amid Institutional Interest Surge and Insider Selloffs.

Mixed Market Performance reported for Public Service Enterprise Group Incorporated PEG, Amid Institutional Interest Surge and Insider Selloffs.
The **Public Service Enterprise Group Incorporated (PEG)** showcased mixed performance in the market, oscillating between underperformance and good trading days, despite confirming dividends at $0.60. Dividends were later boosted and a regular quarterly declaration issued in 2024. PEG has attracted increased interest from institutional investors and asset management companies, evidenced by raised stock holdings from **Applied Finance Capital Management LLC, Mitsubishi UFJ Asset Management Co.**, and others. **PSEG's Q1 earnings** slightly missed estimates with reported revenues down year on year while the underlying net income and overall earnings results were largely affirmative, beating expectations. Notably, the company's stock achieved a new 12-month high of $74.39 and strategic SWOT insights were also highlighted. **CEO, Ralph LaRossa**, made significant personal stock sales indicating possible insider activity. Additional actions include the election of **Ricardo G. PΓ©rez Kenneth Y. Tanji** to the company board, and multiple regular dividend declarations.

Public Service Enterprise Group Incorporated PEG News Analytics from Thu, 12 Aug 2021 07:00:00 GMT to Sat, 18 May 2024 20:18:59 GMT - Rating 1 - Innovation -3 - Information 5 - Rumor 2

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