Recent Research Analysts’ Ratings Updates for Public Service Enterprise Group (PEG)

Several brokerages have updated their recommendations and price targets on shares of Public Service Enterprise Group (NYSE: PEG) in the last few weeks:

• 3/5/2026 – Public Service Enterprise Group had its price target raised by Barclays PLC from $81.00 to $89.00. They now have an “equal weight” rating on the stock.
• 3/5/2026 – Public Service Enterprise Group was upgraded by Evercore Inc from “in-line” to “outperform”. They now have a $96.00 price target on the stock.
• 2/27/2026 – Public Service Enterprise Group had its price target raised by Wells Fargo & Company from $92.00 to $94.00. They now have an “overweight” rating on the stock.
• 2/26/2026 – Public Service Enterprise Group had its “sector perform” rating reaffirmed by Scotiabank. They now have a $92.00 price target on the stock.
• 1/22/2026 – Public Service Enterprise Group had its price target lowered by Barclays PLC from $87.00 to $81.00. They now have an “equal weight” rating on the stock.
• 1/22/2026 – Public Service Enterprise Group had its “neutral” rating reaffirmed by JPMorgan Chase & Co.. They now have a $85.00 price target on the stock, down from $88.00.
• 1/20/2026 – Public Service Enterprise Group was upgraded by Wells Fargo & Company from “equal weight” to “overweight”. They now have a $92.00 price target on the stock, up from $88.00.
• 1/14/2026 – Public Service Enterprise Group was upgraded by Argus to “strong-buy”.
• 1/7/2026 – Public Service Enterprise Group was upgraded by LADENBURG THALM/SH SH from “neutral” to “buy”. They now have a $87.50 price target on the stock.

Public Service Enterprise Group Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.67 per share. The ex-dividend date is Tuesday, March 10th. This represents a $2.68 annualized dividend and a yield of 3.2%. This is a positive change from Public Service Enterprise Group’s previous quarterly dividend of $0.63. Public Service Enterprise Group’s dividend payout ratio (DPR) is 59.72%.

Insider Activity at Public Service Enterprise Group

In other news, SVP Richard T. Thigpen sold 4,700 shares of the business’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $83.00, for a total value of $390,100.00. Following the completion of the transaction, the senior vice president owned 28,481 shares in the company, valued at $2,363,923. The trade was a 14.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.19% of the company’s stock.

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.