Insider Selling: Public Service Enterprise Group (NYSE:PEG) SVP Sells $390,100.00 in Stock

Public Service Enterprise Group Incorporated (NYSE:PEG) SVP Richard Thigpen sold 4,700 shares of the firm’s stock in a transaction dated 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 directly 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 sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Public Service Enterprise Group Trading Down 0.6%

Shares of PEG stock opened at $83.41 on Friday. Public Service Enterprise Group Incorporated has a 1 year low of $74.67 and a 1 year high of $91.25. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.80 and a quick ratio of 0.60. The stock’s 50 day simple moving average is $81.82 and its two-hundred day simple moving average is $81.82. The company has a market cap of $41.60 billion, a PE ratio of 19.77, a price-to-earnings-growth ratio of 2.73 and a beta of 0.60.

Public Service Enterprise Group (NYSE:PEG) last announced its quarterly 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 analyst estimates of $2.68 billion. Public Service Enterprise Group had a return on equity of 12.11% and a net margin of 17.35%.The business’s revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.84 earnings per share. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. Research analysts predict that Public Service Enterprise Group Incorporated will post 3.67 earnings per share for the current year.

Public Service Enterprise Group Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be issued a $0.67 dividend. This is a boost from Public Service Enterprise Group’s previous quarterly dividend of $0.63. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Tuesday, March 10th. Public Service Enterprise Group’s dividend payout ratio is currently 59.72%.

Key Headlines Impacting Public Service Enterprise Group

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

• Positive Sentiment: Analysts raised earnings and targets — Scotiabank increased its FY2026 and FY2027 EPS forecasts for PEG (to $4.37 and $4.68 respectively) and set a $92 target, reflecting stronger expected earnings from regulated operations. This signals upward revisions to fundamentals that can support the stock.
• Positive Sentiment: Broker upgrades lift sentiment — Evercore upgraded PSEG from in-line to outperform and set a $96 price target, giving the stock a notable upside case that may attract buyers. Finviz
• Positive Sentiment: Price-target increases from other shops — Barclays raised its target to $89 while keeping an equal-weight rating, and other brokers have recently raised targets or reaffirmed buys, supporting a consensus near ~$92 that underpins valuation expectations. Tickerreport
• Positive Sentiment: Fundamentals and shareholder returns — PEG recently reported a modest earnings beat and gave FY2026 EPS guidance (~$4.28–4.40). The company also raised its quarterly dividend to $0.67, improving yield and income appeal for dividend-focused investors.
• Neutral Sentiment: Institutional flows remain large — Vanguard, State Street and others increased stakes in PEG during recent quarters, signaling continued institutional allocation but not an immediate directional catalyst.
• Negative Sentiment: High-profile caution from Jim Cramer — On-air, Jim Cramer advised listeners not to buy PEG, a headline that can sway retail sentiment and increase short-term selling pressure. Jim Cramer on PEG
• Negative Sentiment: Insider selling — SVP Richard Thigpen sold 4,700 shares (~$390k) in early March; while not massive, insider sales can be viewed negatively by investors focused on insider alignment. SEC filing: SEC Filing

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on PEG shares. Argus upgraded Public Service Enterprise Group to a “strong-buy” rating in a research report on Wednesday, January 14th. LADENBURG THALM/SH SH upgraded Public Service Enterprise Group from a “neutral” rating to a “buy” rating and set a $87.50 target price on the stock in a research report on Wednesday, January 7th. Wells Fargo & Company lifted their price target on Public Service Enterprise Group from $92.00 to $94.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Wall Street Zen downgraded Public Service Enterprise Group from a “hold” rating to a “sell” rating in a research note on Saturday. Finally, Scotiabank restated a “sector perform” rating and issued a $92.00 price objective on shares of Public Service Enterprise Group in a report on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $92.73.

Institutional Investors Weigh In On Public Service Enterprise Group

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its holdings in shares of Public Service Enterprise Group by 3.4% in the 4th quarter. Vanguard Group Inc. now owns 67,498,821 shares of the utilities provider’s stock valued at $5,420,155,000 after purchasing an additional 2,189,951 shares in the last quarter. State Street Corp lifted its position in shares of Public Service Enterprise Group by 2.8% in the fourth quarter. State Street Corp now owns 28,361,198 shares of the utilities provider’s stock valued at $2,277,404,000 after acquiring an additional 762,591 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Public Service Enterprise Group by 1.4% during the 3rd quarter. Bank of America Corp DE now owns 17,773,378 shares of the utilities provider’s stock worth $1,483,366,000 after purchasing an additional 236,794 shares during the last quarter. Geode Capital Management LLC boosted its position in Public Service Enterprise Group by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 12,771,343 shares of the utilities provider’s stock worth $1,021,475,000 after acquiring an additional 114,351 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in shares of Public Service Enterprise Group by 8.1% in the third quarter. Ameriprise Financial Inc. now owns 8,657,207 shares of the utilities provider’s stock valued at $722,546,000 after purchasing an additional 648,140 shares during the period. Institutional investors and hedge funds own 73.34% of the company’s stock.

About Public Service Enterprise Group

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.