Public Service Enterprise Group
About: Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and PSEG Power, which owns all or a share of three nuclear plans and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.3 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.
Employees: 26,094
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
395% more call options, than puts
Call options by funds: $217M | Put options by funds: $43.8M
118% more first-time investments, than exits
New positions opened: 172 | Existing positions closed: 79
17% more repeat investments, than reductions
Existing positions increased: 455 | Existing positions reduced: 388
6% more funds holding
Funds holding: 1,149 [Q3] → 1,215 (+66) [Q4]
0.99% more ownership
Funds ownership: 73.8% [Q3] → 74.79% (+0.99%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 7 [Q3] → 7 (+0) [Q4]
4% less capital invested
Capital invested by funds: $32.8B [Q3] → $31.5B (-$1.29B) [Q4]
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
6 analyst ratings
BMO Capital James Thalacker 76% 1-year accuracy 55 / 72 met price target | 0%downside $83 | Market Perform Maintained | 10 Apr 2025 |
Barclays Nicholas Campanella 57% 1-year accuracy 43 / 75 met price target | 0%downside $83 | Equal-Weight Maintained | 8 Apr 2025 |
Morgan Stanley David Arcaro 50% 1-year accuracy 24 / 48 met price target | 20%upside $100 | Overweight Maintained | 20 Mar 2025 |
B of A Securities Julien Dumoulin-Smith 54% 1-year accuracy 91 / 169 met price target | 10%upside $92 | Buy Maintained | 3 Mar 2025 |
Guggenheim Shahriar Pourreza 57% 1-year accuracy 13 / 23 met price target | 18%upside $98 | Buy Reiterated | 26 Feb 2025 |
Financial journalist opinion
Based on 4 articles about PEG published over the past 30 days









