Trilogy Capital Inc. Takes $3.03 Million Position in Public Service Enterprise Group Incorporated $PEG

Key Points

• Trilogy Capital purchased a new stake of 37,737 shares in Public Service Enterprise Group (PEG) in Q4 valued at about $3.03 million; other institutional moves included OFI Invest boosting its position to 414,266 shares (~$33.27M) and hedge funds now owning roughly 73.34% of the company.
• PEG beat Q results with $0.72 EPS and revenue up 18.3% YoY, set FY2026 guidance of $4.28–$4.40 EPS, and raised its quarterly dividend to $0.67 (annualized $2.68, ~3.2% yield), while analysts hold a consensus "Moderate Buy" target of $92.88.

Trilogy Capital Inc. purchased a new stake in Public Service Enterprise Group Incorporated (NYSE:PEG - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 37,737 shares of the utilities provider's stock, valued at approximately $3,030,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Trium Capital LLP acquired a new position in shares of Public Service Enterprise Group in the 4th quarter valued at about $609,000. V Square Quantitative Management LLC purchased a new stake in Public Service Enterprise Group during the 4th quarter worth approximately $406,000. OFI Invest Asset Management raised its position in shares of Public Service Enterprise Group by 26,506.7% in the 4th quarter. OFI Invest Asset Management now owns 414,266 shares of the utilities provider's stock valued at $33,266,000 after purchasing an additional 412,709 shares in the last quarter. Newman Dignan & Sheerar Inc. raised its position in shares of Public Service Enterprise Group by 11.8% in the 4th quarter. Newman Dignan & Sheerar Inc. now owns 6,279 shares of the utilities provider's stock valued at $504,000 after purchasing an additional 662 shares in the last quarter. Finally, Greenleaf Trust increased its holdings in shares of Public Service Enterprise Group by 6.9% in the 4th quarter. Greenleaf Trust now owns 10,300 shares of the utilities provider's stock valued at $827,000 after acquiring an additional 661 shares during the last quarter. Hedge funds and other institutional investors own 73.34% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. JPMorgan Chase & Co. upped their price objective on Public Service Enterprise Group from $85.00 to $90.00 and gave the stock a "neutral" rating in a research note on Thursday, March 12th. Weiss Ratings restated a "buy (b)" rating on shares of Public Service Enterprise Group in a report on Friday, March 27th. Scotiabank restated a "sector perform" rating and issued a $92.00 price objective on shares of Public Service Enterprise Group in a report on Thursday, February 26th. LADENBURG THALM/SH SH downgraded Public Service Enterprise Group from a "buy" rating to a "neutral" rating and reduced their target price for the company from $87.50 to $84.50 in a report on Friday, March 13th. Finally, UBS Group reduced their price objective on Public Service Enterprise Group from $105.00 to $98.00 and set a "buy" rating for the company in a research note on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $92.88.

Insider Buying and Selling at Public Service Enterprise Group

In other news, SVP Richard T. Thigpen sold 4,700 shares of the firm's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $83.00, for a total value of $390,100.00. Following the transaction, the senior vice president owned 28,481 shares of the company's stock, valued at approximately $2,363,923. This trade represents a 14.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Ralph A. Larossa sold 2,083 shares of Public Service Enterprise Group stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $81.24, for a total value of $169,222.92. Following the sale, the chief executive officer directly owned 291,398 shares of the company's stock, valued at approximately $23,673,173.52. This trade represents a 0.71% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 8,866 shares of company stock valued at $733,587 over the last three months. Insiders own 0.19% of the company's stock.

Public Service Enterprise Group Price Performance

Shares of PEG stock opened at $83.15 on Friday. The stock has a 50 day moving average of $83.08 and a two-hundred day moving average of $81.82. The company has a current ratio of 0.80, a quick ratio of 0.60 and a debt-to-equity ratio of 1.28. Public Service Enterprise Group Incorporated has a 12 month low of $76.00 and a 12 month high of $91.25. The company has a market capitalization of $41.47 billion, a P/E ratio of 19.70, a P/E/G ratio of 2.73 and a beta of 0.58.

Public Service Enterprise Group (NYSE:PEG - Get Free Report) last posted its earnings results on Thursday, February 26th. The utilities provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. Public Service Enterprise Group had a return on equity of 12.11% and a net margin of 17.35%.The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.68 billion. During the same quarter last year, the company earned $0.84 EPS. Public Service Enterprise Group's revenue was up 18.3% on a year-over-year basis. Public Service Enterprise Group has set its FY 2026 guidance at 4.280-4.400 EPS. As a group, equities analysts expect that Public Service Enterprise Group Incorporated will post 3.67 EPS for the current year.

Public Service Enterprise Group Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th were issued a dividend of $0.67 per share. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a $2.68 dividend on an annualized basis and a yield of 3.2%. This is a positive change from Public Service Enterprise Group's previous quarterly dividend of $0.63. Public Service Enterprise Group's payout ratio is 63.51%.

Public Service Enterprise Group Company Profile

Public Service Enterprise Group NYSE: PEG is a diversified energy company that operates primarily in New Jersey. Its core businesses include a regulated utility that delivers electric and natural gas service to residential, commercial and industrial customers, as well as generation and energy services operations that participate in wholesale power markets. The company's activities encompass transmission and distribution, power generation operations, and related energy infrastructure services.

The regulated utility arm, Public Service Electric and Gas Company (PSE&G), is responsible for owning and maintaining electric and gas networks, connecting customers, performing meter and billing services, and managing system reliability and storm response.

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