The **Public Service Enterprise Group Incorporated (PEG)** has seen significant activity in recent times. While Texas Permanent School Fund Corp and several other firms have sold their shares, many other large investors such as State Street Corp, Voya Investment Management and Osaic Holdings have increased their holdings. The New Jersey utility has reportedly helped customers save $720M on power bills. PEG's share price has experienced a cooling off period recently, prompting UBS to lower its target from $105 to $98, while maintaining a Buy rating. Despite a slight drop after the last earnings report, it has been suggested as one of the top energy stocks for retirement portfolios. NAV, dividend and general financial performance show stable indicators. While some analysts have downgraded the company rating, UBS and JPMorgan Chase & Co. have maintained their positions. Area of attention includes PEG's high leverage seen through certain metrics. In the face of these happenings, PSEG has announced strong Q3 2025 earnings and a regular quarterly dividend. PSEG Foundation has also launched a $1.5 million community relief initiative.
Public Service Enterprise Group Incorporated PEG News Analytics from Tue, 25 Feb 2025 08:00:00 GMT to Sat, 20 Dec 2025 10:29:03 GMT -
Rating 4
- Innovation 5
- Information 5
- Rumor 3
