Public Service Enterprise Group Incorporated (NYSE:PEG) Receives Average Rating of “Moderate Buy” from Brokerages

Public Service Enterprise Group Incorporated (NYSE:PEG) has been assigned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $91.1786.

A number of analysts have commented on the stock. JPMorgan Chase & Co. restated a “neutral” rating and set a $85.00 price target (down from $88.00) on shares of Public Service Enterprise Group in a research report on Thursday, January 22nd. UBS Group dropped their target price on Public Service Enterprise Group from $105.00 to $98.00 and set a “buy” rating on the stock in a report on Wednesday, December 17th. Weiss Ratings restated a “buy (b)” rating on shares of Public Service Enterprise Group in a research report on Monday, December 29th. Argus upgraded Public Service Enterprise Group to a “strong-buy” rating in a research report on Wednesday, January 14th. Finally, Barclays dropped their price objective on Public Service Enterprise Group from $87.00 to $81.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 22nd.

Key Public Service Enterprise Group News

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

• Positive Sentiment: Broker upgrade and higher price target: Wells Fargo raised its PEG price target from $92 to $94 and moved the stock to “overweight,” signaling ~9% upside from recent levels. Benzinga: Wells Fargo price target raise
• Positive Sentiment: Dividend increase and shareholder-friendly action: PSEG declared a $0.67 quarterly dividend (annualized ~$2.68), a ~6% raise and the company’s 15th consecutive increase — supports the stock’s income appeal and contributes to yield (~3.1%). PR Newswire: PSEG Increases 2026 Common Stock Dividend
• Positive Sentiment: Q4 results beat and revenue growth: Q4 EPS of $0.72 topped consensus by $0.01 and revenue of $2.92B beat estimates, with revenue up ~18% YoY — positive near-term operational signal. MarketBeat: Q4 results
• Positive Sentiment: Longer-term growth via higher capex and rate-base guidance: PSEG raised its 5-year regulated capital plan to $22.5–$25.5B and reiterated multi-year rate-base CAGR targets, supporting future regulated earnings growth. PR Newswire: PSEG announces 2025 results
• Neutral Sentiment: FY-2026 EPS guidance roughly in line/slightly soft: Management set 2026 EPS guidance at $4.28–$4.40 vs. consensus ~4.39 — close to expectations but leaves little margin for upside. PSEG FY-2026 guidance (press release)
• Negative Sentiment: Profit forecast below some estimates amid higher spending: Reuters highlights that PSEG’s 2026 profit outlook was below some analyst estimates even as the company raised its spending plan — a combination that can pressure near-term margins and investor expectations. Reuters: PSEG forecasts 2026 profit below estimates

Institutional Trading of Public Service Enterprise Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in PEG. Pacer Advisors Inc. increased its holdings in shares of Public Service Enterprise Group by 18.9% in the fourth quarter. Pacer Advisors Inc. now owns 50,032 shares of the utilities provider’s stock valued at $4,018,000 after buying an additional 7,958 shares in the last quarter. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of Public Service Enterprise Group during the fourth quarter worth $265,000. MV Capital Management Inc. purchased a new stake in shares of Public Service Enterprise Group during the fourth quarter valued at $59,000. Invesco Ltd. lifted its holdings in shares of Public Service Enterprise Group by 2.2% during the fourth quarter. Invesco Ltd. now owns 6,239,884 shares of the utilities provider’s stock valued at $501,063,000 after purchasing an additional 131,641 shares during the last quarter. Finally, Harbour Wealth Management Group Inc. acquired a new position in shares of Public Service Enterprise Group in the 4th quarter valued at $292,000. 73.34% of the stock is owned by institutional investors and hedge funds.

Public Service Enterprise Group Stock Up 0.2%

Shares of Public Service Enterprise Group stock opened at $85.98 on Monday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.80 and a quick ratio of 0.60. Public Service Enterprise Group has a 1-year low of $74.67 and a 1-year high of $91.25. The business’s fifty day moving average price is $81.49 and its two-hundred day moving average price is $81.83. The company has a market capitalization of $42.92 billion, a P/E ratio of 20.37, a PEG ratio of 2.81 and a beta of 0.60.

Public Service Enterprise Group (NYSE:PEG) last issued its quarterly earnings results on Thursday, February 26th. The utilities provider reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.68 billion. Public Service Enterprise Group had a return on equity of 12.11% and a net margin of 17.35%.The company’s quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company earned $0.84 earnings per share. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. As a group, research analysts forecast that Public Service Enterprise Group will post 3.67 EPS for the current year.

Public Service Enterprise Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.67 per share. This is a positive change from Public Service Enterprise Group’s previous quarterly dividend of $0.63. The ex-dividend date is Tuesday, March 10th. This represents a $2.68 annualized dividend and a dividend yield of 3.1%. Public Service Enterprise Group’s payout ratio is 59.72%.

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.