PNC Financial Services Group Inc. Sells 135,694 Shares of Public Service Enterprise Group Incorporated $PEG
PNC Financial Services Group Inc. reduced its stake in Public Service Enterprise Group Incorporated (NYSE:PEG) by 15.0% in the 4th quarter, selling 135,694 shares. The firm now owns 769,795 shares valued at $61,815,000. Other institutional investors adjusted their positions, with the company currently holding a "Moderate Buy" consensus rating and a target price of $93.19.
North Dakota State Investment Board Purchases New Position in Public Service Enterprise Group Incorporated $PEG
The North Dakota State Investment Board has acquired a new position in Public Service Enterprise Group (NYSE: PEG), purchasing 17,126 shares valued at approximately $1.38 million. This comes as PEG reported strong quarterly earnings, beating analyst estimates for both EPS and revenue, and raising its FY 2026 guidance. The company also declared a quarterly dividend of $0.67 per share, yielding about 3.5%.
iA Global Asset Management Inc. Sells 30,066 Shares of Public Service Enterprise Group Incorporated $PEG
iA Global Asset Management Inc. significantly reduced its stake in Public Service Enterprise Group (NYSE:PEG) by 94.3% in the fourth quarter, selling over 30,000 shares. This comes as Public Service Enterprise Group reported strong first-quarter results, surpassing analyst estimates for both EPS and revenue, and announced a quarterly dividend of $0.67 per share. Despite the sale by iA Global Asset Management, other institutional investors have increased their positions in PEG, and the company maintains a "Moderate Buy" consensus rating from analysts with an average price target of $93.19.
PSEG to Provide Green Energy For Super Bowl XLVIII
Public Service Enterprise Group (PSEG) has partnered with the NFL Environmental Program to provide green energy for Super Bowl XLVIII, the first Super Bowl held in the New York-New Jersey metro region. PSEG will purchase and retire one renewable energy credit (REC) for every megawatt hour of electricity used, including power for Met Life Stadium, team hotels, and Super Bowl Boulevard. The RECs will be sourced from New Jersey solar (SRECs from Kearny Solar Farm) and wind (Jersey - Atlantic City Wind Farm) projects, ensuring local economic benefit and promoting regional renewable energy development without impacting New Jersey ratepayers.
PSEG Foundation Continues Legacy of Supporting Communities and Invites New Jersey and Long Island Nonprofits To Apply for Neighborhood Partners Program Grants
The PSEG Foundation has announced its 2026 Neighborhood Partners Program, inviting New Jersey and Long Island nonprofits to apply for $1.2 million in grants. The program focuses on supporting organizations that provide food assistance, workforce development, housing support, and wraparound services. Since its inception in 2014, the program has invested over $9.8 million in more than 825 organizations within the communities PSEG serves.
Public Service Enterprise Group Incorporated $PEG Shares Bought by AMF Tjanstepension AB
AMF Tjanstepension AB has significantly increased its holding in Public Service Enterprise Group (PEG) by 30.8%, acquiring 107,474 additional shares, bringing their total to 456,455 shares valued at $36.7 million. Wall Street analysts maintain a "Moderate Buy" consensus rating with an average target price of $93.19. Public Service Enterprise Group also reported strong quarterly earnings, beating estimates with an EPS of $1.55 and revenue of $3.85 billion, and declared a quarterly dividend of $0.67 per share, offering a 3.5% yield.
NiSource (NI) Valuation Check After New Debt Offerings And Solid First Quarter Earnings
NiSource (NI) has been in focus after recent financial activities including new debt offerings, a reaffirmed dividend, and updated Q1 earnings. Despite a slight dip in the past month, the stock has shown strong long-term momentum. Analysts currently value NiSource as 8.3% undervalued at $50.79, although its P/E ratio is slightly above industry averages.
PSEG Foundation Continues Legacy of Supporting Communities and Invites New Jersey and Long Island Nonprofits to Apply for Neighborhood Partners Program Grants
The PSEG Foundation is inviting New Jersey and Long Island nonprofits to apply for its 2026 Neighborhood Partners Program (NPP) grants, totaling $1.2 million. The program aims to support organizations providing utility assistance, food support, workforce development, housing, and other critical community services. Applications will be accepted from June 1 to June 30, 2026, with grants ranging from $500 to $15,000, continuing the Foundation's decade-long commitment to community well-being and economic empowerment.
Public Service Enterprise Price Target Cut to $88.00/Share From $91.00 by Truist Securities
Truist Securities has adjusted its price target for Public Service Enterprise Group (NYSE:PEG) shares, lowering it to $88.00 from the previous $91.00. This revision comes as the firm maintains a "Hold" rating on the utility company's stock. The change reflects a updated valuation perspective by analysts at Truist Securities.
Truist Financial Cuts Public Service Enterprise Group (NYSE:PEG) Price Target to $88.00
Truist Financial has lowered its price target for Public Service Enterprise Group (NYSE:PEG) from $91.00 to $88.00, maintaining a "hold" rating, despite the company beating Q1 2026 earnings estimates with an EPS of $1.55 on $3.85 billion in revenue. The stock traded near its 52-week low at $76.37, facing insider selling from key executives, though institutional ownership remains high at 73.34%. Other analysts have also adjusted their ratings and price targets, resulting in an average "Moderate Buy" rating and a target price of $93.19 for PEG.
Nonprofits in NJ, Long Island invited to seek share of PSEG’s $1.2M aid
The PSEG Foundation is inviting New Jersey and Long Island based nonprofits to apply for its 2026 Neighborhood Partners Program, which will distribute $1.2 million in grants. These grants, ranging from $500 to $15,000, are aimed at organizations providing essential services such as food assistance, workforce development, housing support, and other critical community resources. Applications are open from June 1 through June 30, 2026, building on the program's legacy of over $9.8 million in funding to more than 825 organizations since 2014.
Phoenix Financial Ltd. Invests $2.01 Million in Public Service Enterprise Group Incorporated $PEG
Phoenix Financial Ltd. recently purchased 25,000 shares of Public Service Enterprise Group (PEG) worth approximately $2.01 million in the fourth quarter, indicating a new investment. This comes as PEG announced strong quarterly results, beating EPS and revenue estimates, and declared a quarterly dividend of $0.67 per share. Analysts currently rate PEG a "Moderate Buy" with a consensus price target of $93.42.
Public Service Enterprise Group Incorporated (NYSE:PEG) Receives Average Rating of "Moderate Buy" from Brokerages
Public Service Enterprise Group (NYSE:PEG) has an average analyst rating of "Moderate Buy" from 15 brokerages, with a consensus 12-month price target of $93.42. The company reported strong quarterly earnings, exceeding estimates with $1.55 EPS and $3.85 billion in revenue, and raised its FY 2026 guidance. Despite insider selling and the stock trading near its 52-week low, PEG declared a quarterly dividend of $0.67 per share, representing an annualized yield of about 3.5%.
What CMS Energy (CMS)'s New US$3 Billion At-the-Market Equity Program Means For Shareholders
CMS Energy has launched a new US$3.00 billion at-the-market common equity program and expanded authorized shares, while shareholders rejected a proposal for action by written consent. This move significantly alters the company's governance and capital structure flexibility, primarily to fund its substantial capital expenditure pipeline. Investors should consider the potential for share dilution, though the core demand and regulatory catalysts remain key to the company's investment narrative, which projects significant revenue and earnings growth by 2029.
Public Service Enterprise Group (NYSE:PEG) Hits New 12-Month Low - Here's What Happened
Public Service Enterprise Group (NYSE:PEG) shares recently hit a new 52-week low of $76.50 despite reporting strong Q1 earnings with $1.55 EPS and $3.85 billion in revenue, both exceeding analyst expectations. The company also declared a quarterly dividend of $0.67 per share, yielding 3.5% annually. Analysts currently rate PEG as a "Moderate Buy" with an average price target of $93.42.
Public Service Enterprise Group stock hits 52-week low at $76.57
Public Service Enterprise Group (PEG) stock recently hit a 52-week low of $76.57, reflecting a challenging period with a 1-year change of -3.34%. Despite this, the company maintains a 3.45% dividend yield and has raised its dividend for 14 consecutive years, with InvestingPro analysis suggesting it is undervalued. The recent milestone follows strong first-quarter 2026 financial results that surpassed analyst expectations, though the stock saw a modest pre-market decline.
Terrestrial Energy Q1 2026 Earnings Call: Complete Transcript
Terrestrial Energy reported Q1 2026 financial results, showcasing a clean balance sheet with $289.9 million in cash and investments. The company highlighted strategic advancements including an OTA contract with the DOE, NRC approval of its PI topical report, and a significant MOU with RIOT platforms for co-locating IMSR plants with data centers. Terrestrial Energy emphasized its competitive advantage through the use of standard nuclear fuel, avoiding HALEU-related supply chain and regulatory challenges.
Public Service Enterprise Group stock hits 52-week low at $76.57
Public Service Enterprise Group (PEG) stock recently hit a 52-week low of $76.57, marking a 3.34% one-year decline. Despite this, the company maintains a 3.45% dividend yield and has raised its dividend for 14 consecutive years, with InvestingPro suggesting it is undervalued. PSEG also reported strong Q1 2026 financial results, exceeding revenue and earnings projections, though its stock saw a modest pre-market decline.
JPMorgan Adjusts Price Target on Public Service Enterprise to $85 From $90, Maintains Neutral Rating
JPMorgan has revised its price target for Public Service Enterprise Group (PEG) to $85, down from the previous $90. The firm has opted to maintain its "Neutral" rating on the stock. This adjustment reflects JPMorgan's updated outlook for the utility company.
How Investors May Respond To NiSource (NI) Balancing Dividends With US$1.25 Billion In New Bond Financing
NiSource Inc. recently announced a US$0.30 per share dividend and completed US$1.25 billion in fixed-rate bond offerings, signifying its strategy to balance shareholder returns with funding regulated utility investments. This new financing, coupled with Q1 2026 revenue and net income growth, supports capital projects despite the risks of high capital intensity and increased leverage. Investors are urged to consider multiple perspectives on its fair value, which ranges from US$35.97 to US$50.79 per share, given the company's infrastructure program and reliance on regulatory outcomes.
DTE Energy Co. stock (US2333311072): Shareholders approve key resolutions at annual meeting
DTE Energy Co. shareholders approved several significant resolutions at their annual meeting on May 7, 2026, including those related to governance and executive compensation. The company, primarily a regulated utility serving Michigan, emphasizes its focus on reliable electric and gas distribution. This reinforces investor alignment with management strategies amidst the evolving energy sector.
Public Service Enterprise Group Inc. stock underperforms Wednesday when compared to competitors
Shares of Public Service Enterprise Group Inc. (PEG) fell 1.78% on Wednesday, closing at $77.22, underperforming the broader market. This dip ended a two-day winning streak for the company's stock. The decline happened despite a mixed trading session where the S&P 500 Index rose and the Dow Jones Industrial Average fell slightly.
Public Service Enterprise Stock Outlook: Is Wall Street Bullish or Bearish?
Public Service Enterprise Group (PEG) has underperformed the S&P 500 and the Utilities Select Sector SPDR ETF over the past year due to rising costs and weaker operational factors despite increased net income. Analysts anticipate a 7.7% EPS growth for fiscal year 2026 and have a "Moderate Buy" consensus rating, with price targets suggesting a potential upside of up to 28.9%.
PSEG Named to Dow Jones Best in Class North America Index for the 18th Year, Reflecting Our Care for the Communities We Serve
Public Service Enterprise Group (PSEG) has been recognized for the 18th consecutive year on the Dow Jones Best-in-Class North America Index, highlighting its commitment to sustainability, community care, and workforce development. The company's efforts include expanding energy efficiency programs, operating carbon-free nuclear plants, reducing greenhouse gas emissions, and contributing significantly to local communities and the New Jersey economy. PSEG also focuses on workplace safety, career development, and fostering a skilled workforce to meet future demands.
PSEG Named to Dow Jones Best in Class North America Index for the 18th Year, Reflecting Our Care for the Communities We Serve
PSEG has been named to the Dow Jones Best-in-Class North America Index for the 18th consecutive year, recognizing its long-standing commitment to sustainable practices. The company's efforts include expanding energy efficiency programs, operating nuclear plants for carbon-free generation, reducing greenhouse gas emissions, and supporting local communities and its workforce. This reflects PSEG's dedication to environmental performance, social responsibility, and stakeholder engagement.
Public Service Enterprise Group Inc. stock outperforms competitors on strong trading day
Public Service Enterprise Group Inc. (PEG) shares rose by 1.21% to $78.62 on Tuesday, extending its gains for a second consecutive day. This performance outpaced the broader market, as the Dow Jones Industrial Average saw a slight increase, while the S&P 500 Index experienced a minor decline.
PSEG Named to Dow Jones Best in Class North America Index for the 18th Year, Reflecting Our Care for the Communities We Serve
Public Service Enterprise Group (PSEG) has been recognized for the 18th consecutive year on the Dow Jones Best-in-Class North America Index, acknowledging its commitment to sustainability, community support, and workforce development. This recognition highlights PSEG's dedication to environmental performance, strong sustainability practices, and initiatives that benefit communities and employees, such as expanding energy efficiency programs, operating carbon-free nuclear plants, and contributing significantly to New Jersey's economy. The company's efforts include reducing greenhouse gas emissions, protecting biodiversity, providing community relief grants, and fostering a career-ready workforce through safety programs and technical school partnerships.
PSEG Named to Dow Jones Best in Class North America Index for the 18th Year, Reflecting Our Care for the Communities We Serve
PSEG has been named to the Dow Jones Best-in-Class North America Index for the 18th consecutive year, recognizing its long-term environmental performance, sustainability practices, and community and workforce support. The company's commitment to sustainability includes expanding energy efficiency programs, operating nuclear plants for carbon-free generation, reducing operational greenhouse gas emissions, and incorporating biodiversity initiatives. PSEG also focuses on community support through grants, charitable donations, and economic contributions, while prioritizing workforce safety, career development, and talent pipeline programs.
PSEG Named to Dow Jones Best in Class North America Index for the 18th Year, Reflecting Our Care for the Communities We Serve
Public Service Enterprise Group (PSEG) has been recognized for the 18th consecutive year on the Dow Jones Best-in-Class North America Index. This acknowledges PSEG's dedication to environmental performance, sustainability practices, and support for its communities and workforce. The company highlights its efforts in energy efficiency, operating carbon-free nuclear plants, reducing greenhouse gas emissions, and significant community investments and workforce development programs.
Strong Q1 Earnings And Grid Investment Plan Could Be A Game Changer For Public Service Enterprise Group (PEG)
Public Service Enterprise Group (PEG) reported strong Q1 2026 earnings, with sales rising to US$3,848 million and net income to US$741 million. The company also reaffirmed its full-year guidance and outlined a multi-year capital investment plan, emphasizing the critical role of timely regulatory approvals for cost recovery on its grid and efficiency spending. While the first-quarter results are positive, the long-term investment narrative hinges on consistent regulatory support for its significant infrastructure investments.
Will Ameren’s (AEE) Q1 Earnings Beat and Reaffirmed 2026 Guidance Change Its Data-Center Narrative?
Ameren (AEE) reported robust Q1 2026 earnings with revenue of US$2,176 million and net income of US$357 million, and reaffirmed its 2026 full-year EPS guidance of US$5.25 to US$5.45. This performance supports the company's investment narrative driven by data center growth, despite inherent risks related to regulatory approvals and the timing of demand. The company also increased its quarterly dividend, aligning with its strategy of pairing growth spending with rising cash returns.
Earnings call transcript: PSEG Exceeds Q1 2026 Expectations, Stock Reacts Modestly By Investing.com
PSEG reported strong Q1 2026 financial results, exceeding both earnings and revenue forecasts, but its stock saw a slight pre-market decline. The company maintained its full-year 2026 EPS guidance and highlighted operational efficiency, strategic investments, and robust performance during a harsh winter. Executives also discussed ongoing efforts to manage inflationary pressures, invest in renewable energy, and address future energy demand from data centers, with an emphasis on customer affordability and grid reliability.
Earnings call transcript: PSEG Exceeds Q1 2026 Expectations, Stock Reacts Modestly
Public Service Enterprise Group (PSEG) reported strong financial results for Q1 2026, surpassing both earnings per share and revenue forecasts, though its stock saw a modest decline of 1.37% in pre-market trading. The company maintained its full-year 2026 EPS guidance and emphasized strategic investments in infrastructure and clean energy, despite inflationary pressures and extreme weather challenges. CEO Ralph LaRossa and CFO Daniel Cregg discussed the company's operational efficiency, commitment to customer affordability, and future growth opportunities, including potential new nuclear development and participation in competitive transmission solicitations.
5 Stocks With Easy Double-Digit Returns
POET Technologies Inc. (NASDAQ:POET) saw its stock rally ahead of its Q1 earnings report, boosted by a new $5 million order for optical engines and light products. Despite a previous order cancellation from Marvell Technology due to an alleged confidentiality breach, the company remains focused on strategic priorities within the AI and optical networking markets. Shareholder law firms investigated potential securities violations following the Marvell cancellation.
Earnings call transcript: PSEG Exceeds Q1 2026 Expectations, Stock Reacts Modestly
Public Service Enterprise Group (PSEG) reported strong financial results for Q1 2026, surpassing both earnings and revenue forecasts, with a net income increase of 25.4% year-over-year. Despite exceeding expectations, the stock experienced a modest decline of 1.37% in pre-market trading, reflecting mixed investor sentiment. The company reaffirmed its full-year 2026 non-GAAP operating earnings guidance and outlined strategic investments in infrastructure and energy efficiency to support a 6%-8% compounded annual growth rate through 2030.
Earnings call transcript: PSEG Exceeds Q1 2026 Expectations, Stock Reacts Modestly
PSEG reported strong financial results for Q1 2026, surpassing both earnings and revenue forecasts, with a 25.4% increase in net income year-over-year. Despite the positive performance and robust operational efficiency, the stock experienced a modest 1.37% decline post-announcement, indicating mixed investor sentiment. The company reaffirmed its full-year 2026 guidance and remains focused on strategic investments and sustainable growth while navigating challenges like inflation and resource adequacy concerns.
5 Best Undervalued Stocks to Buy Under $100
This article identifies EQT Corporation (NYSE:EQT) as one of the best undervalued stocks to buy under $100. Recent analyst ratings and price target increases follow EQT's strong Q1 2026 earnings, which saw significant revenue and EPS growth, driven by high demand for natural gas. The company achieved record free cash flow, highlighting its strong market position, although the article suggests AI stocks might offer greater return potential.
Global Payments Inc. (GPN): Larry Robbins Is Buying This Stock
Larry Robbins' Glenview Capital has a significant stake in Global Payments Inc. (NYSE:GPN), consistently featuring the company in its 13F portfolio. The fund recently increased its holding by 15%, showing continued conviction despite analyst concerns about GPN being a "legacy incumbent" facing competition from tech-first rivals. Global Payments completed the purchase of Worldpay, with management expecting at least $200 million in revenue synergies from the integration.
Teradyne (TER) Could Be In The Next Phase Of AI Investing
Teradyne, Inc. (NASDAQ:TER) is being highlighted as a key investment in the "next phase" of AI, particularly for those who missed out on NVIDIA. The company, which provides testing robots and mobile robots, has partnered with NVIDIA to integrate AI chips into its "cobots" (collaborative robots). Goldman Sachs recently raised its price target for TER to $350 from $300, maintaining a Buy rating due to strong semiconductor industry trends, despite Insider Monkey suggesting other AI stocks might offer higher and quicker returns.
Fortinet (FTNT) Could Be A Stock Part Of The AI ‘Endgame’
Fortinet (FTNT) is identified as a significant player in the AI "endgame" due to its cybersecurity solutions, which are crucial for protecting sensitive systems against AI threats, as highlighted by McKinsey and used by agencies like NASA. Despite a Wells Fargo "Underweight" rating and a $63 target, the stock saw a 20% jump after strong Q1 earnings dispelled AI disruption fears, showing 17% growth over the past year and 46% year-to-date. The article suggests that while Fortinet shows potential, other AI stocks might offer higher returns in a shorter timeframe.
UBS Adjusts Public Service Enterprise Price Target to $99 From $102
UBS has adjusted its price target for Public Service Enterprise Group (PEG) to $99, down from $102. This change comes after Public Service Enterprise Group reported its Q1 2026 earnings, which surpassed estimates due to increased demand from a winter storm. The company also maintained its 2026 adjusted EPS guidance.
US Utility Q1 2026 Beats: WEC, PEG, Entergy Top Estimates
Three major US utility companies—WEC Energy Group, Public Service Enterprise Group, and Entergy—exceeded analyst expectations for their Q1 2026 earnings, driven primarily by increased electricity demand from data centers. This performance reinforces the view of utilities as a growth sector, moving beyond just dividend plays, as companies announce significant capital expenditure plans for AI power infrastructure. Investors are re-evaluating the sector, with broad utility ETFs also offering exposure to this trend.
5 Most Popular AI Penny Stocks to Buy Under $2
Rekor Systems, Inc. (NASDAQ: REKR) is highlighted as a popular AI penny stock due to its increasing investor interest and recent financial improvements. The company achieved its first cash-generating quarter, narrowed adjusted EBITDA losses by 38%, and secured a $16.8 million multi-year contract extension with the Oklahoma District Attorneys Council. Rekor Systems applies AI, machine learning, and holistic data to provide roadway intelligence and data-driven mobility insights.
Denali Advisors LLC Purchases Shares of 18,920 Public Service Enterprise Group Incorporated $PEG
Denali Advisors LLC has acquired a new stake of 18,920 shares in Public Service Enterprise Group (NYSE:PEG), valued at approximately $1.52 million. This comes as PEG reported better-than-expected quarterly earnings with EPS of $1.55 and a revenue increase of 19.4% year-over-year, alongside announcing a quarterly dividend of $0.67 per share. Analyst sentiment remains a "Moderate Buy" with an average price target of $93.42, despite some insider selling activity.
Analysts Conflicted on These Utilities Names: Vistra Corp (VST), XPLR Infrastructure (XIFR) and Consolidated Edison (ED)
This article summarizes analyst ratings for three utilities companies: Vistra Corp (VST), XPLR Infrastructure (XIFR), and Consolidated Edison (ED). Vistra Corp received a Strong Buy consensus with a price target implying a significant upside. XPLR Infrastructure has a Hold consensus, while Consolidated Edison has a Moderate Sell consensus.
Ethic Inc. Has $8.48 Million Stock Holdings in Public Service Enterprise Group Incorporated $PEG
Ethic Inc. significantly increased its stake in Public Service Enterprise Group (NYSE:PEG) by 469.5% in the fourth quarter, now holding 105,571 shares worth $8.48 million. This comes as Public Service Enterprise Group reported strong earnings and revenue, beating analyst expectations, and declared a quarterly dividend of $0.67 per share. The company currently has a "Moderate Buy" rating from analysts with an average price target of $93.42.
Principal Financial Group Inc. Raises Position in Public Service Enterprise Group Incorporated $PEG
Principal Financial Group Inc. increased its stake in Public Service Enterprise Group (NYSE:PEG) by 3.0% in the fourth quarter, bringing its total holdings to 636,660 shares valued at approximately $51.1 million. Public Service Enterprise Group reported strong quarterly results, with EPS of $1.55 against an expected $1.44 and revenue of $3.85 billion, a 19.4% year-over-year increase. The company also declared a quarterly dividend of $0.67 per share, yielding 3.5% annually.
Why Is SLB Stock Trending Right Now
SLB (formerly Schlumberger) stock is currently trending due to its recent earnings updates, broader sector momentum within the energy industry, significant institutional investor activity, and ongoing discussions related to energy across major US equity benchmarks. The company operates in the energy services sector, supporting exploration, production, and industrial energy infrastructure. Its performance remains closely linked to the overall industrial and energy landscape in the US market.
Public Service Enterprise Group (NYSE:PEG) Upgraded to Hold at Wall Street Zen
Wall Street Zen has upgraded Public Service Enterprise Group (NYSE:PEG) from a "sell" to a "hold" rating. This upgrade comes amidst mixed analyst sentiments, with several other firms adjusting their price targets and ratings on the company recently. Public Service Enterprise Group reported strong quarterly earnings, surpassing analyst estimates, and has seen significant institutional investor activity.
Public Service Enterprise Group Incorporated Just Recorded A 15% Revenue Beat: Here's What Analysts Think
Public Service Enterprise Group (NYSE:PEG) recently reported strong first-quarter results, beating revenue estimates by 15% and EPS by 2.4%. Analysts have slightly raised revenue forecasts for 2026 but maintained their consensus price target, suggesting a focus on earnings as the primary value driver. Despite the revenue beat, the company's projected revenue decline of 0.2% by 2026 is expected to underperform the wider industry, which is forecast to grow at 4.0% annually.
