PEGs 43.94 Volume Surge Propels 0.67 Rally to 85.34 as Earnings Beat and Institutional Sales Shape 467 Market Rank

On August 20, 2025, Public Service Enterprise Group (PEG) traded at $85.34, with a 0.67% rise in its stock price. The company’s daily trading volume reached $0.22 billion, marking a 43.94% increase from the previous day and ranking 467th in market activity. This surge followed a strong quarterly earnings report, with PEG surpassing estimates for both revenue and earnings per share.

Northwest & Ethical Investments L.P. reduced its stake in PEG by 24.7% during the first quarter, selling 14,630 shares to retain 44,694 shares valued at $3.68 million. Institutional ownership remains significant, with 73.34% of shares held by hedge funds and other large investors. Recent quarter transactions also saw new positions from entities like Transce3nd LLC and REAP Financial Group LLC, while insider activity included CEO Ralph A. Larossa’s sale of 1,387 shares, reducing his ownership by 0.63%.

PEG’s Q2 earnings report highlighted a $0.77 per share profit, exceeding the $0.70 estimate, alongside $2.81 billion in revenue, which beat the $2.49 billion forecast. The company announced a $0.63 per share quarterly dividend, yielding 3.0%, with a payment date set for September 30. Analysts remain divided, with ratings ranging from “sell” to “buy,” but the consensus maintains a “Hold” recommendation. Recent price targets from firms like Morgan Stanley and Barclays reflect cautious optimism, with adjustments to $100.00 and $82.00, respectively.

PEG’s market performance shows a 12-month low of $74.67 and a high of $95.22, with a current P/E ratio of 21.55 and a beta of 0.45. The stock’s 50-day and 200-day moving averages stand at $84.23 and $82.28, respectively. Despite mixed analyst sentiment, the company’s year-over-year revenue growth of 15.8% and 12.08% return on equity underscore its resilience in the utilities sector.

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