New Jersey ResourcesNJR
About: New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include solar investments primarily in New Jersey and investments in several large midstream natural gas projects.
Employees: 1,372
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
1,188% more call options, than puts
Call options by funds: $541K | Put options by funds: $42K
157% more first-time investments, than exits
New positions opened: 59 | Existing positions closed: 23
45% more repeat investments, than reductions
Existing positions increased: 157 | Existing positions reduced: 108
8% more funds holding
Funds holding: 361 [Q3] → 390 (+29) [Q4]
2.21% more ownership
Funds ownership: 72.98% [Q3] → 75.19% (+2.21%) [Q4]
2% more capital invested
Capital invested by funds: $3.4B [Q3] → $3.47B (+$67M) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Jefferies Julien Dumoulin-Smith 55% 1-year accuracy 84 / 152 met price target | 4%upside $51 | Hold Initiated | 1 Apr 2025 |
Guggenheim Shahriar Pourreza 59% 1-year accuracy 13 / 22 met price target | 10%upside $54 | Neutral Maintained | 5 Feb 2025 |
JP Morgan Richard Sunderland 86% 1-year accuracy 6 / 7 met price target | 6%upside $52 | Overweight Maintained | 28 Jan 2025 |
Financial journalist opinion
Based on 3 articles about NJR published over the past 30 days









