Public Service Enterprise Group Inc

More Details of Public Service Enterprise Group Inc Company

Public Service Enterprise Group Incorporated is a regulated infrastructure company operating New Jersey’s transmission and distribution utility, serving approximately 2.4 million electric and 1.9 million natural gas customers. The Company also owns an independent fleet of 3,758 MW of carbon-free, baseload nuclear power-generating units. The Company principally conducts its business through two wholly owned subsidiaries, Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC (PSEG Power). The Company’s segments include PSE&G and PSEG Power. PSE&G is a public utility engaged principally in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. PSEG Power is an energy supply company that consists of the operations of merchant nuclear generating assets and fuel supply functions engaged in competitive energy sales via its principal direct wholly owned subsidiaries. The Company also has other wholly owned subsidiaries.

Company Info

Company codePEG

Company namePublic Service Enterprise Group Inc

IPO dateMar 31, 1948

Founded at1985

CEOMr. Ralph A. Larossa, Jr.

Number of employees13047

Security typeOrdinary Share

Fiscal year-endMar 31

AddressCorporate Accounting Services

CityNEWARK

Stock exchangeNYSE Consolidated

CountryUnited States of America

Postal code07102-4194

Phone19734307000

Websitehttps://corporate.pseg.com/

Company codePEG

IPO dateMar 31, 1948

Founded at1985

Company Executives

Name

Name/Position

Position

Shareholding

Change

Ms. Kim C. Hanemann

President and Chief Operating Officer of PSE&G

64.81K

-5.27%

Ms. Sheila J. Rostiac

Senior Vice President - Human Resources, Chief Human Resources and Chief Diversity Officer - Services

40.50K

+26.72%

Ms. Rose M. Chernick

Vice President, Controller

37.82K

+15.33%

Mr. Charles V. (Chaz) Mcfeaters

President and Chief Nuclear Officer - PSEG Nuclear LLC

19.25K

-19.96%

Mr. Willie A. Deese

Independent Director

7.96K

+40.37%

Ms. Grace Park

Executive Vice President, General Counsel

7.73K

+41.57%

Mr. Scott G. Stephenson

Independent Director

2.51K

+1.04K%

Ms. Laura A. Sugg

Independent Director

210.00

--

Mr. Kenneth Y. (Ken) Tanji

Independent Director

--

Ms. Jamie M. Gentoso

Independent Director

--

Name

Name/Position

Position

Shareholding

Change

Ms. Kim C. Hanemann

President and Chief Operating Officer of PSE&G

64.81K

-5.27%

Ms. Sheila J. Rostiac

Senior Vice President - Human Resources, Chief Human Resources and Chief Diversity Officer - Services

40.50K

+26.72%

Ms. Rose M. Chernick

Vice President, Controller

37.82K

+15.33%

Mr. Charles V. (Chaz) Mcfeaters

President and Chief Nuclear Officer - PSEG Nuclear LLC

19.25K

-19.96%

Mr. Willie A. Deese

Independent Director

7.96K

+40.37%

Ms. Grace Park

Executive Vice President, General Counsel

7.73K

+41.57%

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q2

FY2022Q1

FY2021

FY2020

FY2019

By BusinessUSD

Name

Revenue

Proportion

Electric Distribution

3.98B

38.65%

Gas Distribution

2.06B

20.01%

Transmission

1.75B

17.05%

Other

1.10B

10.71%

Electricity and Related Product Sales-Third Party Sales

819.00M

7.96%

Other

579.00M

5.63%

No Data

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Electric Distribution

3.98B

38.65%

Gas Distribution

2.06B

20.01%

Transmission

1.75B

17.05%

Other

1.10B

10.71%

Electricity and Related Product Sales-Third Party Sales

819.00M

7.96%

Other

579.00M

5.63%

Shareholder

Update time: Thu, May 15

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

12.69%

BlackRock Institutional Trust Company, N.A.

7.05%

State Street Global Advisors (US)

5.44%

Geode Capital Management, L.L.C.

2.49%

JP Morgan Asset Management

2.27%

Other

70.06%

Shareholder Statistics

Shareholder

Proportion

The Vanguard Group, Inc.

12.69%

BlackRock Institutional Trust Company, N.A.

7.05%

State Street Global Advisors (US)

5.44%

Geode Capital Management, L.L.C.

2.49%

JP Morgan Asset Management

2.27%

Other

70.06%

Type

Shareholder

Proportion

Investment Advisor/Hedge Fund

35.36%

Investment Advisor

31.71%

Research Firm

2.86%

Pension Fund

2.52%

Bank and Trust

1.89%

Hedge Fund

1.15%

Sovereign Wealth Fund

1.15%

Insurance Company

0.17%

Individual Investor

0.13%

Other

23.06%

Institutional Shareholding

Update time: Sun, Jan 19

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

2086

387.84M

77.72%

-9.17M

2024Q4

2088

388.73M

77.97%

-557.76K

2024Q3

1991

378.04M

75.89%

-12.72M

2024Q2

1922

383.91M

77.08%

-4.65M

2024Q1

1870

378.59M

75.93%

-6.21M

2023Q4

1855

378.21M

75.90%

-10.68M

2023Q3

1799

381.54M

76.44%

-8.84M

2023Q2

1775

378.50M

75.86%

-4.92M

2023Q1

1774

369.26M

74.03%

-14.46M

2022Q4

1780

373.12M

74.78%

-4.19M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

The Vanguard Group, Inc.

60.35M

12.11%

+538.48K

+0.90%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

35.90M

7.2%

+130.00K

+0.36%

Dec 31, 2024

State Street Global Advisors (US)

26.58M

5.33%

+3.20K

+0.01%

Dec 31, 2024

Geode Capital Management, L.L.C.

12.20M

2.45%

+365.67K

+3.09%

Dec 31, 2024

JP Morgan Asset Management

12.50M

2.51%

-2.51M

-16.70%

Dec 31, 2024

Managed Account Advisors LLC

10.24M

2.05%

+56.81K

+0.56%

Dec 31, 2024

Columbia Threadneedle Investments (US)

6.81M

1.37%

-53.36K

-0.78%

Dec 31, 2024

Legal & General Investment Management Ltd.

6.50M

1.3%

+256.28K

+4.10%

Dec 31, 2024

BlackRock Asset Management Ireland Limited

6.49M

1.3%

+108.69K

+1.70%

Dec 31, 2024

BlackRock Investment Management (UK) Ltd.

6.35M

1.27%

+820.20K

+14.84%

Dec 31, 2024

Related ETFs

Update time: Fri, May 2

Name

Proportion

VanEck Uranium+Nuclear Energy ETF

7.9%

Virtus Reaves Utilities ETF

4.78%

Global X US Electrification ETF

3.76%

Proshares Ultra Utilities

3.71%

Invesco S&P 500® Equal Weight Utilities ETF

3.51%

Utilities Select Sector SPDR Fund

3.4%

Invesco Dorsey Wright Utilities Momentum ETF

3.22%

First Trust Utilities Alphadex

3.19%

Fidelity MSCI Utilities Index ETF

3.09%

First Trust EIP Carbon Impact ETF

2.92%

VanEck Uranium+Nuclear Energy ETF

Proportion7.9%

Virtus Reaves Utilities ETF

Proportion4.78%

Global X US Electrification ETF

Proportion3.76%

Proshares Ultra Utilities

Proportion3.71%

Invesco S&P 500® Equal Weight Utilities ETF

Proportion3.51%

Utilities Select Sector SPDR Fund

Proportion3.4%

Invesco Dorsey Wright Utilities Momentum ETF

Proportion3.22%

First Trust Utilities Alphadex

Proportion3.19%

Fidelity MSCI Utilities Index ETF

Proportion3.09%

First Trust EIP Carbon Impact ETF

Proportion2.92%

Dividend

A total of 5.43B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Feb 11, 2025

PEG.NB Interim Cash Dividend of gross USD 0.63 paid on Mar 31, 2025 going ex on Mar 10, 2025

Mar 10, 2025

Mar 31, 2025

Mar 10, 2025

Nov 19, 2024

PEG.NB Final Cash Dividend of gross USD 0.6 paid on Dec 31, 2024 going ex on Dec 10, 2024

Dec 10, 2024

Dec 31, 2024

Dec 10, 2024

Jul 15, 2024

PEG.NB Interim Cash Dividend of gross USD 0.6 paid on Sep 30, 2024 going ex on Sep 09, 2024

Sep 09, 2024

Sep 30, 2024

Sep 09, 2024

Apr 16, 2024

PEG.NB Interim Cash Dividend of gross USD 0.6 paid on Jun 28, 2024 going ex on Jun 07, 2024

Jun 07, 2024

Jun 28, 2024

Jun 07, 2024

Feb 13, 2024

PEG.NB Interim Cash Dividend of gross USD 0.6 paid on Mar 29, 2024 going ex on Mar 07, 2024

Mar 08, 2024

Mar 29, 2024

Mar 07, 2024

Nov 21, 2023

PEG.NB Final Cash Dividend of gross USD 0.57 paid on Dec 29, 2023 going ex on Dec 07, 2023

Dec 08, 2023

Dec 29, 2023

Dec 07, 2023

Jul 17, 2023

PEG.NB Interim Cash Dividend of gross USD 0.57 paid on Sep 29, 2023 going ex on Sep 07, 2023

Sep 08, 2023

Sep 29, 2023

Sep 07, 2023

Apr 18, 2023

PEG.NB Interim Cash Dividend of gross USD 0.57 paid on Jun 30, 2023 going ex on Jun 08, 2023

Jun 09, 2023

Jun 30, 2023

Jun 08, 2023

Feb 14, 2023

PEG.NB Interim Cash Dividend of gross USD 0.57 paid on Mar 31, 2023 going ex on Mar 09, 2023

Mar 10, 2023

Mar 31, 2023

Mar 09, 2023

Nov 14, 2022

PEG.NB Final Cash Dividend of gross USD 0.54 paid on Dec 30, 2022 going ex on Dec 08, 2022

Dec 09, 2022

Dec 30, 2022

Dec 08, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

78.410USD