Public Service Enterprise Group (NYSE:PEG) Shares Unloaded Rep. Julia Letlow

Key Points

• Representative Julia Letlow disclosed selling between $1,001 and $15,000 of Public Service Enterprise Group (NYSE:PEG) stock on February 17 in her Merrill Lynch account (filing disclosed March 12).
• Public Service Enterprise Group beat quarterly EPS estimates ($0.72 vs. $0.71) with revenue up 18.3% year‑over‑year, set FY2026 guidance of 4.280–4.400 EPS, and raised its quarterly dividend to $0.67 (ex‑dividend March 10, payable March 31) for a ~3.4% yield.
• Corporate insiders recently sold notable stakes (SVP 4,700 shares; CEO 2,083 shares), institutional ownership stands at ~73.3%, and analysts maintain a consensus "Moderate Buy" with a $92.88 price target.

Representative Julia Letlow (Republican-Louisiana) recently sold shares of Public Service Enterprise Group Incorporated NYSE: PEG. In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Public Service Enterprise Group stock on February 17th. The trade occurred in the Representative's "MERRILL LYNCH INVESTMENT ACCOUNT #025" account.

Representative Julia Letlow also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of HF Sinclair NYSE: DINO on 2/20/2026.
• Sold $1,001 - $15,000 in shares of BXP NYSE: BXP on 2/20/2026.
• Purchased $1,001 - $15,000 in shares of Travelers Companies NYSE: TRV on 2/20/2026.
• Sold $1,001 - $15,000 in shares of Expand Energy NASDAQ: EXE on 2/17/2026.
• Purchased $1,001 - $15,000 in shares of Vistra NYSE: VST on 2/17/2026.
• Sold $1,001 - $15,000 in shares of Icon NASDAQ: ICLR on 2/12/2026.
• Purchased $1,001 - $15,000 in shares of Extra Space Storage NYSE: EXR on 2/12/2026.
• Sold $1,001 - $15,000 in shares of AT&T NYSE: T on 2/12/2026.
• Purchased $1,001 - $15,000 in shares of Regeneron Pharmaceuticals NASDAQ: REGN on 2/12/2026.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 2/12/2026.

Public Service Enterprise Group Stock Up 0.4%

Shares of NYSE:PEG opened at $79.77 on Tuesday. Public Service Enterprise Group Incorporated has a 52-week low of $74.67 and a 52-week high of $91.25. The stock has a market cap of $39.79 billion, a P/E ratio of 18.90, a price-to-earnings-growth ratio of 2.59 and a beta of 0.60. The business's 50 day moving average is $82.59 and its 200 day moving average is $81.81. The company has a quick ratio of 0.60, a current ratio of 0.80 and a debt-to-equity ratio of 1.28.

Public Service Enterprise Group (NYSE:PEG - Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The utilities provider reported $0.72 EPS for the quarter, beating 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 firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.68 billion. During the same quarter last year, the firm posted $0.84 earnings per share. The business's revenue for the quarter 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. Sell-side analysts predict that Public Service Enterprise Group Incorporated will post 3.67 EPS for the current year.

Public Service Enterprise Group Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.67 per share. This is a boost from Public Service Enterprise Group's previous quarterly dividend of $0.63. This represents a $2.68 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 10th. Public Service Enterprise Group's payout ratio is presently 63.51%.

Insider Activity at Public Service Enterprise Group

In other Public Service Enterprise Group news, SVP Richard T. Thigpen sold 4,700 shares of the company's stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $83.00, for a total transaction of $390,100.00. Following the completion of the transaction, the senior vice president directly owned 28,481 shares in the company, valued at approximately $2,363,923. This represents a 14.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Ralph A. Larossa sold 2,083 shares of the stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $83.66, for a total transaction of $174,263.78. Following the transaction, the chief executive officer directly owned 292,889 shares in the company, valued at approximately $24,503,093.74. The trade was a 0.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.19% of the company's stock.

Analyst Upgrades and Downgrades

PEG has been the subject of several recent research reports. Barclays boosted their price target on Public Service Enterprise Group from $81.00 to $89.00 and gave the stock an "equal weight" rating in a research report on Thursday, March 5th. LADENBURG THALM/SH SH lowered Public Service Enterprise Group from a "buy" rating to a "neutral" rating and cut their target price for the company from $87.50 to $84.50 in a research note on Friday, March 13th. Argus upgraded shares of Public Service Enterprise Group to a "strong-buy" rating in a report on Wednesday, January 14th. Wells Fargo & Company increased their price target on shares of Public Service Enterprise Group from $92.00 to $94.00 and gave the company an "overweight" rating in a research report on Friday, February 27th. Finally, Evercore upgraded shares of Public Service Enterprise Group from an "in-line" rating to an "outperform" rating and set a $96.00 price target on the stock in a report on Thursday, March 5th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, Public Service Enterprise Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $92.88.

Institutional Trading of Public Service Enterprise Group

Several institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC lifted its position in Public Service Enterprise Group by 47.6% during the fourth quarter. Hsbc Holdings PLC now owns 1,472,165 shares of the utilities provider's stock valued at $118,305,000 after purchasing an additional 474,484 shares during the period. Cornerstone Planning LLC acquired a new stake in shares of Public Service Enterprise Group during the 4th quarter worth approximately $856,000. Rockefeller Capital Management L.P. boosted its holdings in Public Service Enterprise Group by 45.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 339,450 shares of the utilities provider's stock worth $27,258,000 after buying an additional 105,526 shares in the last quarter. World Investment Advisors raised its position in shares of Public Service Enterprise Group by 36.5% in the fourth quarter. World Investment Advisors now owns 82,943 shares of the utilities provider's stock worth $6,660,000 after acquiring an additional 22,193 shares during the period. Finally, Meadowbrook Advisors Group LLC purchased a new position in shares of Public Service Enterprise Group in the 4th quarter valued at about $269,000. 73.34% of the stock is currently owned by institutional investors and hedge funds.

About Representative Letlow

Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana's 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027. Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana's 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026. Julia Letlow earned a doctorate. Letlow's career experience includes working as a senior administrator with the University of Louisiana at Monroe.

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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