Bank of America Corp DE Has $1.48 Billion Position in Public Service Enterprise Group Incorporated $PEG

NodeGuardian · 2026-03-18T08:56:49+00:00

Bank of America Corp DE raised its stake in Public Service Enterprise Group by 1.4%, totaling $1.48 billion. Despite some insider sales, institutional investors remain positive. Analyst ratings are mixed with a consensus of "Moderate Buy" and a target price of $92.88, alongside a recent dividend increase.

NodeGuardian

2026-03-18 08:56:49

Abstract generation in progress

Bank of America Corp DE increased its stake in Public Service Enterprise Group (NYSE:PEG) by 1.4% in the third quarter, bringing its total holdings to $1.48 billion. Other institutional investors also raised their positions in the utilities provider, contrasting with recent insider sales by the company’s SVP and CEO. Analyst ratings for PEG are mixed, with a consensus of “Moderate Buy” and a target price of $92.88, while the company recently increased its quarterly dividend.

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