Public Service Enterprise Group (NYSE:PEG) CEO Sells 2,083 Shares of Company Stock

Public Service Enterprise Group Incorporated (NYSE:PEG) CEO Ralph Larossa sold 2,083 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $73.60, for a total transaction of $153,308.80. Following the sale, the chief executive officer owned 276,487 shares in the company, valued at $20,349,443.20. This represents a 0.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Public Service Enterprise Group Trading Down 2.3%

Public Service Enterprise Group stock traded down $1.73 during midday trading on Tuesday, reaching $72.65. The stock had a trading volume of 3,552,309 shares, compared to its average volume of 3,083,923. Public Service Enterprise Group Incorporated has a twelve month low of $66.15 and a twelve month high of $87.63. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.88 and a quick ratio of 0.67. The firm has a market cap of $36.21 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 2.48 and a beta of 0.48. The firm’s fifty day simple moving average is $71.23 and its two-hundred day simple moving average is $78.02.

Public Service Enterprise Group (NYSE:PEG) last announced its earnings results on Monday, November 2nd. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.19 by ($0.04). The firm had revenue of $3.02 billion for the quarter, compared to analyst estimates of $3.19 billion. Public Service Enterprise Group had a net margin of 16.04% and a return on equity of 12.42%. Public Service Enterprise Group’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same period last year, the firm earned $1.13 earnings per share. Equities analysts anticipate that Public Service Enterprise Group Incorporated will post 4.38 EPS for the current fiscal year.

Key Headlines Impacting Public Service Enterprise Group

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

• Positive Sentiment: Wells Fargo lowered its price target to $87 from $89 but maintained an Overweight rating, implying about 19% upside from the cited share price. Article
• Neutral Sentiment: PSEG maintained 2026 non-GAAP operating EPS guidance of $4.28–$4.40, in line with the $4.38 analyst consensus midpoint. The company also cited a five-year regulated investment plan of $22.5 billion–$25.5 billion, supporting long-term infrastructure growth but requiring substantial investment. PSEG third-quarter results Long-term investor takeaways
• Negative Sentiment: Third-quarter non-GAAP operating EPS was $1.15, below analyst estimates of roughly $1.19–$1.21, while revenue of $3.02 billion missed the $3.19 billion consensus and fell 6.4% year over year. Net income was also lower than a year earlier, adding to investor concerns about the quarter. Q3 earnings miss Q3 profit report

Institutional Investors Weigh In On Public Service Enterprise Group

Large investors have recently made changes to their positions in the company. Community Financial Services Group LLC acquired a new stake in Public Service Enterprise Group in the second quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new position in shares of Public Service Enterprise Group during the 2nd quarter worth $26,000. James T. Borello RIA bought a new position in shares of Public Service Enterprise Group during the 3rd quarter valued at $27,000. Elevation Wealth Partners LLC raised its holdings in shares of Public Service Enterprise Group by 240.6% during the 2nd quarter. Elevation Wealth Partners LLC now owns 344 shares of the utilities provider’s stock valued at $28,000 after purchasing an additional 243 shares in the last quarter. Finally, Aberdeen Wealth Management LLC acquired a new stake in shares of Public Service Enterprise Group in the 2nd quarter valued at $32,000. Institutional investors own 73.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on PEG shares. Scotiabank decreased their price objective on Public Service Enterprise Group from $92.00 to $77.00 and set a “sector perform” rating for the company in a research report on Wednesday, September 30th. The Goldman Sachs Group dropped their target price on Public Service Enterprise Group from $86.00 to $83.00 in a report on Thursday, October 15th. Bank of America reduced their price target on shares of Public Service Enterprise Group from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Tuesday, October 27th. JPMorgan Chase & Co. lowered their price objective on shares of Public Service Enterprise Group from $81.00 to $77.00 and set a “neutral” rating on the stock in a research report on Monday, October 19th. Finally, Argus dropped their price objective on shares of Public Service Enterprise Group from $90.00 to $86.00 and set a “buy” rating on the stock in a research note on Tuesday, September 29th. Eight research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, Public Service Enterprise Group has an average rating of “Hold” and an average target price of $79.63.

About Public Service Enterprise Group

Public Service Enterprise Group Incorporated (NYSE: PEG), commonly known as PSEG, is an energy company headquartered in Newark, New Jersey. Through its subsidiaries, the company is primarily involved in electric and natural gas utility operations, power generation, and related energy services.

Public Service Electric & Gas Company (PSE&G), PSEG’s principal utility subsidiary, serves residential, commercial, and industrial customers throughout New Jersey. Its activities include the transmission and distribution of electricity, the distribution of natural gas, energy-efficiency programs, and infrastructure modernization.