Public Service Enterprise Group (NYSE:PEG) Sets New 1-Year Low – Time to Sell?

Public Service Enterprise Group Incorporated (NYSE:PEG) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $76.00 and last traded at $76.9070, with a volume of 119238 shares. The stock had previously closed at $76.68.

More Public Service Enterprise Group News

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

• Positive Sentiment: Quarterly earnings beat expectations: PSEG reported second-quarter EPS of $0.86, up from $0.77 a year earlier and above the $0.80 analyst consensus. The earnings outperformance may provide near-term support for PEG stock. PSEG Tops Q2 Earnings Estimates
• Positive Sentiment: 2026 guidance was reaffirmed: Management maintained its operating EPS outlook of $4.28 to $4.40, broadly in line with the $4.38 consensus estimate. The company also plans to file a base-rate case by year-end 2026, potentially supporting future utility earnings growth and cash flows. PSEG Reaffirms 2026 EPS and Base-Rate Filing Plans
• Positive Sentiment: Growth plans were highlighted on the earnings call: PSEG discussed initiatives intended to offset GAAP-related headwinds, which could improve longer-term growth prospects if execution remains on track. PSEG Earnings Call: Growth Plans Offset GAAP Headwinds
• Neutral Sentiment: CEO stock sale disclosed: CEO Ralph Larossa sold 2,083 shares worth approximately $159,000 under a pre-arranged Rule 10b5-1 trading plan. Because the sale was scheduled in advance and represented only 0.73% of his direct holdings, it is unlikely to materially change the investment outlook. SEC Insider Transaction Filing
• Negative Sentiment: Revenue missed estimates and declined year over year: Quarterly revenue was $2.55 billion, below the $2.66 billion consensus and down 8.9% from the prior-year period. The top-line weakness may offset some of the benefit from the EPS beat. PSEG Quarterly Earnings Report

Analyst Upgrades and Downgrades

Several equities analysts recently commented on PEG shares. BMO Capital Markets upped their price target on shares of Public Service Enterprise Group from $90.00 to $91.00 and gave the stock a “market perform” rating in a research report on Monday, April 13th. Wall Street Zen upgraded shares of Public Service Enterprise Group from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings cut shares of Public Service Enterprise Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Wells Fargo & Company dropped their price objective on Public Service Enterprise Group from $97.00 to $91.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Finally, Truist Financial increased their target price on Public Service Enterprise Group from $88.00 to $90.00 and gave the stock a “hold” rating in a research report on Thursday, July 16th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $91.25.

Public Service Enterprise Group Trading Down 0.1%

The company has a quick ratio of 0.75, a current ratio of 0.97 and a debt-to-equity ratio of 1.31. The firm’s 50 day simple moving average is $79.60 and its 200-day simple moving average is $80.81. The company has a market capitalization of $38.14 billion, a PE ratio of 16.94, a P/E/G ratio of 2.88 and a beta of 0.51.

Public Service Enterprise Group (NYSE:PEG) last released its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.06. Public Service Enterprise Group had a net margin of 17.69% and a return on equity of 12.30%. The company had revenue of $2.55 billion during the quarter, compared to analyst estimates of $2.66 billion. During the same quarter in the prior year, the business earned $0.77 earnings per share. The business’s quarterly revenue was down 8.9% compared to the same quarter last year. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. As a group, equities research analysts anticipate that Public Service Enterprise Group Incorporated will post 4.37 EPS for the current year.

Public Service Enterprise Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Wednesday, September 9th. Public Service Enterprise Group’s payout ratio is currently 59.29%.

Insider Activity

In other Public Service Enterprise Group news, COO Kim C. Hanemann sold 3,035 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $82.00, for a total value of $248,870.00. Following the completion of the transaction, the chief operating officer owned 98,815 shares in the company, valued at $8,102,830. This represents a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Ralph A. Larossa sold 2,083 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $76.47, for a total transaction of $159,287.01. Following the completion of the sale, the chief executive officer directly owned 283,656 shares of the company’s stock, valued at $21,691,174.32. This trade represents a 0.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 9,284 shares of company stock valued at $736,271 in the last ninety days. Company insiders own 0.19% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Community Financial Services Group LLC acquired a new position in Public Service Enterprise Group in the 2nd quarter worth $25,000. Chapman Financial Group LLC acquired a new stake in shares of Public Service Enterprise Group during the second quarter valued at about $25,000. Quest 10 Wealth Builders Inc. grew its stake in shares of Public Service Enterprise Group by 250.5% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 347 shares of the utilities provider’s stock valued at $28,000 after acquiring an additional 248 shares in the last quarter. Elevation Wealth Partners LLC increased its position in shares of Public Service Enterprise Group by 240.6% during the second quarter. Elevation Wealth Partners LLC now owns 344 shares of the utilities provider’s stock worth $28,000 after acquiring an additional 243 shares during the last quarter. Finally, Bayban acquired a new position in shares of Public Service Enterprise Group in the fourth quarter worth about $33,000. 73.34% of the stock is currently owned by hedge funds and other institutional investors.

Public Service Enterprise Group Company 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.