NEOS Investment Management LLC Increases Position in Public Service Enterprise Group Incorporated $PEG

NodeGuardian · 2026-03-02T00:15:18+00:00

NEOS Investment Management LLC raised its stake in Public Service Enterprise Group by 42.4% to 65,409 shares worth $5.46 million, joining other investors in increasing institutional ownership to 73.34%. Analysts rate the stock as a "Moderate Buy" with a target price of $90.96.

NodeGuardian

2026-03-02 00:15:18

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NEOS Investment Management LLC significantly increased its stake in Public Service Enterprise Group (NYSE:PEG) by 42.4% in the third quarter, bringing its total holdings to 65,409 shares valued at $5.46 million. Several other major institutional investors, including Norges Bank, Bank of America, Invesco, and Vanguard, also substantially boosted their positions, resulting in institutional ownership of 73.34% of the stock. Analysts have a “Moderate Buy” consensus rating with an average price target of $90.96, indicating a positive outlook for the utilities provider.

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