Investment Analysts’ Recent Ratings Changes for Public Service Enterprise Group (PEG)

Several brokerages have updated their recommendations and price targets on shares of Public Service Enterprise Group (NYSE: PEG) in the last few weeks:

• 8/15/2026 – Public Service Enterprise Group was downgraded by Wall Street Zen from “hold” to “sell”.
• 8/13/2026 – Public Service Enterprise Group had its price target lowered by Truist Financial Corporation from $90.00 to $84.00. They now have a “hold” rating on the stock.
• 8/5/2026 – Public Service Enterprise Group was downgraded by Weiss Ratings from “buy (b-)” to “hold (c)”.
• 8/5/2026 – Public Service Enterprise Group had its price target lowered by Citigroup Inc. from $91.00 to $84.00. They now have a “neutral” rating on the stock.
• 8/5/2026 – Public Service Enterprise Group had its price target lowered by Wells Fargo & Company from $91.00 to $89.00. They now have an “overweight” rating on the stock.
• 7/22/2026 – Public Service Enterprise Group had its price target lowered by Wells Fargo & Company from $97.00 to $91.00. They now have an “overweight” rating on the stock.
• 7/20/2026 – Public Service Enterprise Group had its price target lowered by Jefferies Financial Group Inc. from $89.00 to $78.00. They now have a “hold” rating on the stock.
• 7/16/2026 – Public Service Enterprise Group had its price target raised by Truist Financial Corporation from $88.00 to $90.00. They now have a “hold” rating on the stock.
• 7/2/2026 – Public Service Enterprise Group is now covered by Royal Bank Of Canada. They set a “sector perform” rating and a $81.00 price target on the stock.
• 7/1/2026 – Public Service Enterprise Group was upgraded by Royal Bank Of Canada to “hold”.

Public Service Enterprise Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Wednesday, September 9th will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Wednesday, September 9th. Public Service Enterprise Group’s dividend payout ratio (DPR) is 66.67%.

Insider Activity

In other news, SVP Richard T. Thigpen sold 8,000 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $74.56, for a total value of $596,480.00. Following the completion of the transaction, the senior vice president directly owned 20,970 shares in the company, valued at $1,563,523.20. This trade represents a 27.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Kim C. Hanemann sold 3,035 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $82.00, for a total transaction of $248,870.00. Following the transaction, the chief operating officer owned 98,815 shares in the company, valued at $8,102,830. This represents a 2.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 17,284 shares of company stock valued at $1,332,751. Company insiders own 0.19% of the company’s stock.

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.