World Investment Advisors Lowers Position in Public Service Enterprise Group Incorporated $PEG

06 Jul 2026, 10:27 by Michael Walen · The Markets Daily

World Investment Advisors trimmed its stake in shares of Public Service Enterprise Group Incorporated (NYSE:PEG – Free Report) by 29.8% in the 1st quarter, HoldingsChannel.com reports. The fund owned 58,190 shares of the utilities provider’s stock after selling 24,753 shares during the period. World Investment Advisors’ holdings in Public Service Enterprise Group were worth $4,710,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Entropy Technologies LP lifted its stake in shares of Public Service Enterprise Group by 115.6% during the 4th quarter. Entropy Technologies LP now owns 24,717 shares of the utilities provider’s stock worth $1,985,000 after acquiring an additional 13,253 shares during the last quarter. Nordea Investment Management AB grew its position in Public Service Enterprise Group by 28.6% in the 4th quarter. Nordea Investment Management AB now owns 2,266,925 shares of the utilities provider’s stock valued at $182,759,000 after acquiring an additional 504,632 shares during the last quarter. Pensionfund Sabic purchased a new stake in Public Service Enterprise Group in the fourth quarter worth $1,301,000. Union Bancaire Privee UBP SA purchased a new stake in Public Service Enterprise Group in the fourth quarter worth $1,407,000. Finally, Cbre Investment Management Listed Real Assets LLC increased its stake in Public Service Enterprise Group by 38.0% in the fourth quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,946,512 shares of the utilities provider’s stock worth $156,305,000 after purchasing an additional 536,363 shares during the period. 73.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO Ralph A. Larossa sold 2,083 shares of Public Service Enterprise Group stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $80.51, for a total value of $167,702.33. Following the transaction, the chief executive officer directly owned 285,149 shares in the company, valued at approximately $22,957,345.99. This trade represents a 0.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Kim C. Hanemann sold 3,035 shares of Public Service Enterprise Group stock in a transaction on Wednesday, June 24th. The shares were 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 ownership of the stock. 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 $746,145 in the last three months. 0.19% of the stock is currently owned by insiders.

Public Service Enterprise Group Stock Down 0.1%

NYSE:PEG opened at $81.55 on Monday. The company has a debt-to-equity ratio of 1.31, a current ratio of 0.97 and a quick ratio of 0.75. Public Service Enterprise Group Incorporated has a 1-year low of $76.05 and a 1-year high of $91.25. The company has a 50-day moving average of $79.48 and a 200 day moving average of $80.90. The firm has a market cap of $40.64 billion, a PE ratio of 18.04, a price-to-earnings-growth ratio of 3.07 and a beta of 0.51.

Public Service Enterprise Group (NYSE:PEG – Get Free Report) last posted its earnings results on Tuesday, May 5th. The utilities provider reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.11. Public Service Enterprise Group had a net margin of 17.69% and a return on equity of 12.30%. The business had revenue of $3.85 billion for the quarter, compared to the consensus estimate of $3.35 billion. During the same quarter last year, the firm posted $1.43 EPS. The company’s revenue for the quarter was up 19.4% on a year-over-year basis. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. As a group, research analysts anticipate that Public Service Enterprise Group Incorporated will post 4.37 EPS for the current fiscal year.

Public Service Enterprise Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Tuesday, June 9th. Public Service Enterprise Group’s dividend payout ratio (DPR) is presently 59.29%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PEG shares. JPMorgan Chase & Co. boosted their target price on shares of Public Service Enterprise Group from $85.00 to $90.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. Weiss Ratings downgraded shares of Public Service Enterprise Group from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Royal Bank Of Canada started coverage on shares of Public Service Enterprise Group in a report on Thursday. They set a “sector perform” rating and a $81.00 price objective for the company. Jefferies Financial Group downgraded shares of Public Service Enterprise Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $90.00 to $89.00 in a research note on Wednesday, April 15th. Finally, BMO Capital Markets raised their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $92.32.

Read Our Latest Stock Analysis on Public Service Enterprise Group

Public Service Enterprise Group Company Profile

(Free Report)

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.