New Jersey Resources
About: New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
Employees: 1,372
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
44% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 117
1.99% more ownership
Funds ownership: 73.98% [Q1] → 75.97% (+1.99%) [Q2]
0% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 51
1% less funds holding
Funds holding: 397 [Q1] → 392 (-5) [Q2]
6% less capital invested
Capital invested by funds: $3.64B [Q1] → $3.42B (-$222M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Raymond James
J.R. Weston
|
$50
|
Outperform
Maintained
|
8 Aug 2025 |
Financial journalist opinion
Based on 6 articles about NJR published over the past 30 days