Zimmer Partners LP increased its stake in PSEG, which beat earnings and declared a $0.60 dividend.

Zimmer Partners LP and other institutional investors have increased their stakes in Public Service Enterprise Group (PSEG). Zimmer added 28,280 shares, now owning $24.8 million worth. PSEG beat earnings estimates with $0.90 per share and declared a quarterly dividend of $0.60. Analysts predict $3.67 earnings per share for the year. Institutional investors own 73.34% of PSEG's stock, with a market cap of $44.85 billion.

December 07, 2024
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