Public Service Enterprise Group
About: Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and PSEG Power, which owns all or a share of three nuclear plans and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.3 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.
Employees: 26,094
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
11% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 97
10% more repeat investments, than reductions
Existing positions increased: 458 | Existing positions reduced: 416
4% less capital invested
Capital invested by funds: $31.5B [Q4 2024] → $30.2B (-$1.32B) [Q1 2025]
1.25% less ownership
Funds ownership: 74.88% [Q4 2024] → 73.63% (-1.25%) [Q1 2025]
2% less funds holding
Funds holding: 1,222 [Q4 2024] → 1,203 (-19) [Q1 2025]
12% less call options, than puts
Call options by funds: $125M | Put options by funds: $142M
14% less funds holding in top 10
Funds holding in top 10: 7 [Q4 2024] → 6 (-1) [Q1 2025]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Morgan Stanley David Arcaro | 25%upside $101 | Overweight Maintained | 22 May 2025 |
Guggenheim Shahriar Pourreza | 16%upside $94 | Buy Maintained | 1 May 2025 |
Evercore ISI Group Greg Gordon | 14%upside $92 | Outperform Maintained | 1 May 2025 |
BMO Capital James Thalacker | 2%upside $83 | Market Perform Maintained | 10 Apr 2025 |
Barclays Nicholas Campanella | 2%upside $83 | Equal-Weight Maintained | 8 Apr 2025 |
Financial journalist opinion
Based on 3 articles about PEG published over the past 30 days









