Public Service Enterprise Group Incorporated (PSEG) saw significant activity with various groups buying and selling its shares. The company has consistently rewarded its shareholders with dividend hikes, most recently a 5% increase. Performance results over the years have been mixed, but PSEG's dominance in the AI industry is evident with a Goldman Sachs Phase 2 AI stock up by 42% YTD. The company faced setbacks with a recent downgrade by Barclays attributed to concerns over the AI Data Center. Some insiders also offloaded a significant amount of stock, suggesting potential weaknesses. However, solid third-quarter earnings in 2024 underlined the company's value performance. The commitment to corporate sustainability is reflected by the inclusion of PSEG to the Dow Jones Sustainability Index for the 17th time. PSEG announced plans for the 4th Quarter and Full Year 2024 Financial Results on February 25. Despite a weak financial position and some volatility, PSEG remains a significant player in the utilities sector.
Public Service Enterprise Group Incorporated PEG News Analytics from Tue, 30 Apr 2024 07:00:00 GMT to Sat, 15 Feb 2025 11:39:51 GMT -
Rating 3
- Innovation 1
- Information 8
- Rumor -6
