Zacks Research Comments on Public Service Enterprise Group Incorporated’s Q2 2025 Earnings (NYSE:PEG)

Public Service Enterprise Group Incorporated (NYSE:PEG) – Equities research analysts at Zacks Research decreased their Q2 2025 earnings per share estimates for shares of Public Service Enterprise Group in a note issued to investors on Monday, August 19th. Zacks Research analyst R. Department now expects that the utilities provider will earn $0.76 per share for the quarter, down from their prior estimate of $0.79. The consensus estimate for Public Service Enterprise Group’s current full-year earnings is $3.68 per share.

Other equities analysts also recently issued reports about the company. Mizuho raised their price objective on Public Service Enterprise Group from $65.00 to $80.00 and gave the company a “buy” rating in a research note on Thursday, May 23rd. BMO Capital Markets lifted their price target on Public Service Enterprise Group from $78.00 to $86.00 and gave the stock a “market perform” rating in a research note on Friday, August 2nd. Scotiabank boosted their price objective on shares of Public Service Enterprise Group from $62.00 to $73.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Barclays raised their target price on shares of Public Service Enterprise Group from $71.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, July 10th. Finally, Bank of America upped their price target on shares of Public Service Enterprise Group from $73.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, June 6th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $76.08.

Public Service Enterprise Group Trading Up 0.9 %

Shares of PEG opened at $81.11 on Tuesday. The firm’s 50-day moving average is $76.22 and its two-hundred day moving average is $70.28. Public Service Enterprise Group has a twelve month low of $53.71 and a twelve month high of $81.89. The company has a current ratio of 0.65, a quick ratio of 0.46 and a debt-to-equity ratio of 1.16. The firm has a market capitalization of $40.40 billion, a P/E ratio of 22.47, a PEG ratio of 2.99 and a beta of 0.59.

Public Service Enterprise Group (NYSE:PEG) last issued its earnings results on Tuesday, July 30th. The utilities provider reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01). Public Service Enterprise Group had a return on equity of 10.72% and a net margin of 16.12%. The company had revenue of $2.42 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the previous year, the firm posted $0.70 earnings per share. Public Service Enterprise Group’s revenue for the quarter was up .1% on a year-over-year basis.

Public Service Enterprise Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 9th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, September 9th. This represents a $2.40 dividend on an annualized basis and a yield of 2.96%. Public Service Enterprise Group’s dividend payout ratio (DPR) is 66.48%.

Insider Buying and Selling at Public Service Enterprise Group

In other news, EVP Tamara Louise Linde sold 19,127 shares of the firm’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $80.26, for a total value of $1,535,133.02. Following the transaction, the executive vice president now owns 67,524 shares of the company’s stock, valued at approximately $5,419,476.24. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 0.57% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Public Service Enterprise Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Norges Bank acquired a new stake in shares of Public Service Enterprise Group during the fourth quarter valued at about $215,074,000. Charles Schwab Investment Management Inc. increased its stake in shares of Public Service Enterprise Group by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,826,477 shares of the utilities provider’s stock worth $172,839,000 after buying an additional 30,469 shares during the last quarter. Hsbc Holdings PLC boosted its stake in Public Service Enterprise Group by 43.2% during the 2nd quarter. Hsbc Holdings PLC now owns 2,426,170 shares of the utilities provider’s stock valued at $178,763,000 after acquiring an additional 732,443 shares during the last quarter. Cohen & Steers Inc. grew its holdings in Public Service Enterprise Group by 23.6% during the 4th quarter. Cohen & Steers Inc. now owns 2,389,722 shares of the utilities provider’s stock worth $146,132,000 after acquiring an additional 455,693 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Public Service Enterprise Group by 12.5% in the 4th quarter. Franklin Resources Inc. now owns 2,331,709 shares of the utilities provider’s stock worth $142,584,000 after purchasing an additional 259,694 shares during the last quarter. Hedge funds and other institutional investors own 73.34% of the company’s stock.

About Public Service Enterprise Group

Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs.