Public Service Enterprise Group Incorporated $PEG Stock Position Lifted by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Public Service Enterprise Group Incorporated (NYSE:PEG) by 3.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 981,132 shares of the utilities provider’s stock after acquiring an additional 31,760 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.20% of Public Service Enterprise Group worth $81,885,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Twin Peaks Wealth Advisors LLC bought a new stake in Public Service Enterprise Group during the second quarter valued at $25,000. Chapman Financial Group LLC bought a new stake in shares of Public Service Enterprise Group during the 2nd quarter valued at about $25,000. Cedar Mountain Advisors LLC acquired a new stake in Public Service Enterprise Group during the third quarter worth about $27,000. Steigerwald Gordon & Koch Inc. bought a new position in Public Service Enterprise Group in the third quarter worth about $38,000. Finally, Harel Insurance Investments & Financial Services Ltd. acquired a new position in Public Service Enterprise Group in the third quarter valued at approximately $43,000. 73.34% of the stock is currently owned by institutional investors.

Public Service Enterprise Group Price Performance

Shares of NYSE PEG opened at $85.98 on Friday. The stock has a market cap of $42.92 billion, a P/E ratio of 20.37, a P/E/G ratio of 2.78 and a beta of 0.59. The firm’s 50-day simple moving average is $81.49 and its 200 day simple moving average is $81.91. Public Service Enterprise Group Incorporated has a fifty-two week low of $74.67 and a fifty-two week high of $91.25. The company has a quick ratio of 0.69, a current ratio of 0.93 and a debt-to-equity ratio of 1.27.

Public Service Enterprise Group (NYSE:PEG) last released its earnings results on Thursday, February 26th. The utilities provider reported $0.72 EPS for the quarter, beating the consensus estimate of $0.71 by $0.01. The firm had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.68 billion. Public Service Enterprise Group had a net margin of 17.35% and a return on equity of 12.16%. Public Service Enterprise Group’s quarterly revenue was up 18.3% on a year-over-year basis. During the same quarter last year, the company earned $0.84 EPS. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. Equities analysts expect that Public Service Enterprise Group Incorporated will post 3.67 EPS for the current year.

Public Service Enterprise Group Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be issued a dividend of $0.67 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This is a positive change from Public Service Enterprise Group’s previous quarterly dividend of $0.63. This represents a $2.68 annualized dividend and a yield of 3.1%. Public Service Enterprise Group’s dividend payout ratio is presently 60.58%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on PEG. BMO Capital Markets dropped their price target on Public Service Enterprise Group from $85.00 to $83.00 and set a “market perform” rating on the stock in a research report on Tuesday, November 4th. Scotiabank reaffirmed a “sector perform” rating and issued a $92.00 target price on shares of Public Service Enterprise Group in a research report on Thursday. JPMorgan Chase & Co. reissued a “neutral” rating and set a $85.00 price target (down from $88.00) on shares of Public Service Enterprise Group in a report on Thursday, January 22nd. Barclays lowered their price target on shares of Public Service Enterprise Group from $87.00 to $81.00 and set an “equal weight” rating for the company in a research report on Thursday, January 22nd. Finally, Argus raised shares of Public Service Enterprise Group to a “strong-buy” rating in a research note on Wednesday, January 14th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Public Service Enterprise Group presently has a consensus rating of “Moderate Buy” and an average target price of $91.18.

Public Service Enterprise Group News Roundup

Here are the key news stories impacting Public Service Enterprise Group this week:

• Positive Sentiment: Broker upgrade and higher price target: Wells Fargo raised its PEG price target from $92 to $94 and moved the stock to “overweight,” signaling ~9% upside from recent levels. Benzinga: Wells Fargo price target raise
• Positive Sentiment: Dividend increase and shareholder-friendly action: PSEG declared a $0.67 quarterly dividend (annualized ~$2.68), a ~6% raise and the company’s 15th consecutive increase — supports the stock’s income appeal and contributes to yield (~3.1%). PR Newswire: PSEG Increases 2026 Common Stock Dividend
• Positive Sentiment: Q4 results beat and revenue growth: Q4 EPS of $0.72 topped consensus by $0.01 and revenue of $2.92B beat estimates, with revenue up ~18% YoY — positive near-term operational signal. MarketBeat: Q4 results
• Positive Sentiment: Longer-term growth via higher capex and rate-base guidance: PSEG raised its 5-year regulated capital plan to $22.5–$25.5B and reiterated multi-year rate-base CAGR targets, supporting future regulated earnings growth. PR Newswire: PSEG announces 2025 results
• Neutral Sentiment: FY-2026 EPS guidance roughly in line/slightly soft: Management set 2026 EPS guidance at $4.28–$4.40 vs. consensus ~4.39 — close to expectations but leaves little margin for upside. PSEG FY-2026 guidance (press release)
• Negative Sentiment: Profit forecast below some estimates amid higher spending: Reuters highlights that PSEG’s 2026 profit outlook was below some analyst estimates even as the company raised its spending plan — a combination that can pressure near-term margins and investor expectations. Reuters: PSEG forecasts 2026 profit below estimates

Public Service Enterprise Group Profile

Public Service Enterprise Group (NYSE: PEG) is a diversified energy company that operates primarily in New Jersey. Its core businesses include a regulated utility that delivers electric and natural gas service to residential, commercial and industrial customers, as well as generation and energy services operations that participate in wholesale power markets. The company’s activities encompass transmission and distribution, power generation operations, and related energy infrastructure services.

The regulated utility arm, Public Service Electric and Gas Company (PSE&G), is responsible for owning and maintaining electric and gas networks, connecting customers, performing meter and billing services, and managing system reliability and storm response.