Public Service Enterprise Group (NYSE:PEG) Stock: Insider Ralph Larossa Sells 2,083 Shares

Public Service Enterprise Group Incorporated (NYSE:PEG) CEO Ralph Larossa sold 2,083 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $73.60, for a total transaction of $153,308.80. Following the completion of the sale, the chief executive officer owned 276,487 shares of the company’s stock, valued at approximately $20,349,443.20. This represents a 0.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Public Service Enterprise Group Stock Up 0.7%

PEG stock opened at $73.34 on Thursday. The business’s fifty day moving average price is $71.22 and its two-hundred day moving average price is $77.96. Public Service Enterprise Group Incorporated has a fifty-two week low of $66.15 and a fifty-two week high of $87.63. The stock has a market capitalization of $36.56 billion, a price-to-earnings ratio of 20.72, a PEG ratio of 2.50 and a beta of 0.48. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.01 and a quick ratio of 0.67.

Public Service Enterprise Group (NYSE:PEG) last released its earnings results on Monday, November 2nd. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.04). Public Service Enterprise Group had a net margin of 14.31% and a return on equity of 12.40%. The business had revenue of $3.02 billion during the quarter, compared to the consensus estimate of $3.19 billion. During the same quarter in the prior year, the firm earned $1.13 EPS. The business’s revenue was down 6.4% on a year-over-year basis. On average, equities analysts anticipate that Public Service Enterprise Group Incorporated will post 4.37 earnings per share for the current year.

More Public Service Enterprise Group News

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

• Positive Sentiment: PSEG maintained its 2026 operating earnings guidance of $4.28–$4.40 per share, broadly matching the $4.38 consensus. Its planned $22.5 billion–$25.5 billion in regulated capital investment over five years also supports longer-term growth prospects. Article: Public Service Enterprise: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Wells Fargo trimmed its price target to $87 from $89 but retained an Overweight rating, signaling continued confidence in the shares’ potential. Article: Wells Fargo analyst update
• Neutral Sentiment: CEO Ralph LaRossa sold 2,083 shares under a pre-arranged Rule 10b5-1 plan. The sale was a small portion of his holdings, which remain substantial. SEC filing
• Negative Sentiment: Third-quarter EPS of $1.15 missed the $1.19 consensus, while revenue of $3.02 billion came in below the $3.19 billion estimate and fell 6.4% year over year. These results may temper investor enthusiasm despite earnings being slightly higher than a year earlier. Article: PSEG misses Q3 earnings and revenue estimates
• Negative Sentiment: Ladenburg Thalmann lowered its price target to $75.50 from $80.50 and assigned a Neutral rating, reflecting a more cautious outlook and limited implied upside. Article: Ladenburg Thalmann analyst update

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PEG. Kestra Advisory Services LLC increased its position in Public Service Enterprise Group by 26.3% during the 1st quarter. Kestra Advisory Services LLC now owns 69,089 shares of the utilities provider’s stock worth $5,593,000 after purchasing an additional 14,406 shares in the last quarter. Elevation Point Wealth Partners LLC lifted its position in Public Service Enterprise Group by 135.2% in the 1st quarter. Elevation Point Wealth Partners LLC now owns 21,693 shares of the utilities provider’s stock valued at $1,756,000 after purchasing an additional 12,468 shares during the last quarter. Commerce Bank acquired a new stake in shares of Public Service Enterprise Group in the 2nd quarter worth approximately $3,934,000. Quantinno Capital Management LP grew its position in Public Service Enterprise Group by 66.2% in the first quarter. Quantinno Capital Management LP now owns 359,477 shares of the utilities provider’s stock worth $29,100,000 after buying an additional 143,148 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Public Service Enterprise Group in the second quarter worth approximately $15,071,000. Hedge funds and other institutional investors own 73.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on PEG. BTIG Research decreased their price target on shares of Public Service Enterprise Group from $94.00 to $84.00 and set a “buy” rating for the company in a research note on Tuesday, October 20th. UBS Group boosted their price objective on Public Service Enterprise Group from $99.00 to $104.00 in a research note on Thursday, July 9th. Jefferies Financial Group dropped their target price on shares of Public Service Enterprise Group from $73.00 to $69.00 and set a “hold” rating for the company in a research report on Friday, October 9th. HSBC started coverage on shares of Public Service Enterprise Group in a report on Thursday, October 22nd. They issued a “hold” rating and a $72.50 price target on the stock. Finally, JPMorgan Chase & Co. decreased their price objective on Public Service Enterprise Group from $81.00 to $77.00 and set a “neutral” rating for the company in a report on Monday, October 19th. Seven equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $79.32.

Public Service Enterprise Group Company Profile

Public Service Enterprise Group Incorporated (NYSE: PEG), commonly known as PSEG, is an energy company headquartered in Newark, New Jersey. Through its subsidiaries, the company is primarily involved in electric and natural gas utility operations, power generation, and related energy services.

Public Service Electric & Gas Company (PSE&G), PSEG’s principal utility subsidiary, serves residential, commercial, and industrial customers throughout New Jersey. Its activities include the transmission and distribution of electricity, the distribution of natural gas, energy-efficiency programs, and infrastructure modernization.