The shares closed at $80.15 on Friday as the S&P 500 rose 0.29% to 7,230.12 and the Dow Jones Industrial Average fell 0.31% to 49,499.27.
The stock finished 12.17% below its 52-week high of $91.26 reached on 5 August and lagged peers including Exelon, which gained 1.11%.
Duke Energy fell 0.73% and Sempra lost 0.47%, while Public Service Enterprise Group trading volume of 3.0 million topped its 50-day average of 2.7 million.
With utility profits soaring, are customers paying for grid upgrades or just boosting shareholder returns?
Can New Jersey’s power grid handle the AI boom without causing electricity rates to skyrocket for everyone?
Is a 119-year dividend history safe from the massive costs of powering the AI revolution?