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New Jersey Resources Corporation (NJR)

USD59.19 -0.02 (-0.03%)
US NYSE Utilities Regulated Gas
Address 1415 Wyckoff Road 7719
Wall, NJ, US
CEO Stephen D. Westhoven
IPO 1980-03-17
CIK 356309 ISIN US6460251068

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Description

New Jersey Resources Corporation functions as a diversified energy holding company, offering regulated natural gas distribution along with both retail and wholesale energy solutions. The company's business activities are categorized into four primary divisions: Natural Gas Distribution, Clean Energy Ventures, Energy Services, and Storage and Transportation. The Natural Gas Distribution segment delivers regulated natural gas utility services to approximately 564,000 residential and business clients situated in Burlington, Middlesex, Monmouth, Morris, Ocean, and Sussex counties within New Jersey. This division is also involved in managing capacity and storage, and participates in off-system sales and capacity release markets. Through its Clean Energy Ventures segment, the firm invests in, owns, and operates solar energy projects for commercial and residential applications located in New Jersey, Connecticut, Rhode Island, and New York. The Energy Services segment provides unregulated wholesale energy management support to other energy enterprises and natural gas producers, concurrently overseeing and trading a collection of physical assets such as natural gas storage and transportation agreements across the United States and Canada. The Storage and Transportation segment concentrates its efforts on investing in facilities for natural gas transportation and storage. Additionally, the company extends its offerings to include heating, ventilation, and cooling (HVAC) services, manages commercial real estate, performs solar equipment installation, conducts plumbing repair and installation, and engages in the sale, installation, and servicing of water appliances. Incorporated in 1981, New Jersey Resources Corporation maintains its corporate headquarters in Wall, New Jersey.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD59.19 -0.02 (-0.03%)
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Volume Profile
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Liquidity & share structure
Average Volume
637.6K
Beta
0.52
Float Shares
100.20M
Free Float %
99.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.49% +1.64% -2.00% +3.87% +21.27% +21.03% +20.59% +10.97% +33.54% +53.77% +2,837.89%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (16 ratings, all time) Buy
Price Targets & DCF
Current price
59.19
Low 53.00 -10.5%
Consensus 55.75 -5.8%
Median 54.50 -7.9%
High 61.00 +3.1%
Ratings Trend (MoM) 71% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 3 0
Hold 1 0
Sell 0 0
Strong Sell 1 0
Price Target Summary
Period # Analysts Avg Target
Last Month 1
61.00
+3.1%
Last Quarter 1
61.00
+3.1%
Last Year 5
54.60
-7.8%
All Time 9
51.44
-13.1%
Quality scores
Altman Z-Score
1.43
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Regulated Gas: +4.9%
    +13.9% Q1'26: +7.1% (vs Q1'25)
  • EPS growth Regulated Gas: +13.8%
    +14.0% Q1'26: +6.9% (vs Q1'25)
  • FCF margin FCF growth · Regulated Gas: +30.8%
    +14.5% Q1'26: +39.0% (vs Q1'25)
  • EBIT margin Regulated Gas: +12.9%
    +27.3% Q1'26: +32.0% (vs Q1'25)
  • ROIC Regulated Gas: +4.7%
    +7.0% Q1'26: +14.7% (vs Q1'25)
  • Share dilution Regulated Gas: 0.0%
    +1.5% Q1'26: +0.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Regulated Gas: 2.21×
    5.06× Q1'26: 2.68× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.53) × ERP
WACC = 60% × Ke + 40% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 59.19
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2011
actual
Sep 2012
actual
Sep 2013
actual
Sep 2014
actual
Sep 2015
actual
Sep 2016
actual
Sep 2017
actual
Sep 2018
actual
Sep 2019
actual
Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Sep 2023
actual
Sep 2024
actual
Sep 2025
actual
Sep 2026
4 Rev. Ana.
3 EPS Ana.
Sep 2027
4 Rev. Ana.
5 EPS Ana.
Sep 2028
5 Rev. Ana.
4 EPS Ana.
Sep 2029
2 Rev. Ana.
1 EPS Ana.
Sep 2030
2 Rev. Ana.
1 EPS Ana.
Revenue
2.97B
est: 4.04B (-26.5%)
2.26B
est: 2.32B (-2.9%)
3.20B
est: 17.15B (-81.4%)
3.79B
est: 3.09B (+22.6%)
2.70B
est: 2.89B (-6.6%)
1.85B
est: 2.20B (-15.9%)
2.26B
est: 2.11B (+6.9%)
2.92B
est: 3.07B (-4.9%)
2.60B
est: 2.38B (+9.2%)
1.95B
est: 2.37B (-17.7%)
2.13B
est: 2.22B (-4.4%)
2.91B
est: 2.47B (+17.9%)
1.93B
est: 1.72B (+12.1%)
1.78B
est: 1.97B (-9.2%)
2.03B
est: 1.97B (+3.2%)
2.19B
2.03B – 2.42B
+11.2% YoY
2.24B
2.07B – 2.41B
+2.3% YoY
2.34B
2.31B – 2.36B
+4.3% YoY
2.38B
2.24B – 2.65B
+2.0% YoY
2.48B
2.33B – 2.75B
+4.0% YoY
EBITDA
140.41M
est: 151.77M (-7.5%)
154.24M
est: 152.87M (+0.9%)
213.22M
est: -178.28M (+219.6%)
263.50M
est: 289.59M (-9.0%)
318.66M
est: 210.59M (+51.3%)
250.69M
est: 437.24M (-42.7%)
264.87M
est: 318.82M (-16.9%)
318.75M
est: 233.13M (+36.7%)
266.45M
est: 373.20M (-28.6%)
370.36M
est: 452.09M (-18.1%)
433.52M
est: 318.94M (+35.9%)
565.01M
est: 579.96M (-2.6%)
594.06M
est: 497.19M (+19.5%)
666.35M
est: 568.09M (+17.3%)
743.89M
est: 569.47M (+30.6%)
632.97M
585.98M – 699.31M
+11.2% YoY
647.47M
599.31M – 695.63M
+2.3% YoY
675.40M
667.52M – 683.29M
+4.3% YoY
688.69M
646.85M – 764.65M
+2.0% YoY
716.38M
672.85M – 795.39M
+4.0% YoY
EBIT
105.21M
est: 136.18M (-22.7%)
112.59M
est: 128.15M (-12.1%)
165.91M
est: -522.40M (+131.8%)
210.75M
est: 175.02M (+20.4%)
257.26M
est: 118.98M (+116.2%)
177.94M
est: 268.18M (-33.7%)
183.03M
est: 176.44M (+3.7%)
213.26M
est: -7.60M (+2,906.4%)
164.98M
est: 179.18M (-7.9%)
252.79M
est: 229.30M (+10.2%)
312.95M
est: 259.25M (+20.7%)
427.40M
est: 360.32M (+18.6%)
438.85M
est: 369.66M (+18.7%)
499.66M
est: 422.37M (+18.3%)
555.11M
est: 423.40M (+31.1%)
470.61M
435.68M – 519.93M
+11.2% YoY
481.39M
445.59M – 517.20M
+2.3% YoY
502.16M
496.30M – 508.02M
+4.3% YoY
512.04M
480.93M – 568.52M
+2.0% YoY
532.63M
500.27M – 591.37M
+4.0% YoY
Net Income
101.30M
est: 105.12M (-3.6%)
92.88M
est: 98.97M (-6.2%)
114.81M
est: -317.97M (+136.1%)
141.97M
est: 139.40M (+1.8%)
180.96M
est: 91.07M (+98.7%)
131.67M
est: 189.68M (-30.6%)
132.07M
est: 185.66M (-28.9%)
233.44M
est: 101.17M (+130.7%)
169.51M
est: 171.93M (-1.4%)
163.01M
est: 175.62M (-7.2%)
117.89M
est: 115.44M (+2.1%)
274.92M
est: 229.74M (+19.7%)
264.72M
est: 248.78M (+6.4%)
289.78M
est: 316.14M (-8.3%)
335.63M
est: 327.69M (+2.4%)
343.67M
335.70M – 362.68M
+4.9% YoY
345.89M
327.01M – 356.74M
+0.6% YoY
379.37M
357.55M – 399.14M
+9.7% YoY
393.07M
362.02M – 449.43M
+3.6% YoY
424.32M
390.80M – 485.16M
+7.9% YoY
SGA
est: 43.49M (-100.0%)
est: 39.91M (-100.0%)
est: 137.15M (-100.0%)
est: 73.93M (-100.0%)
est: 57.33M (-100.0%)
est: 51.28M (-100.0%)
est: 39.52M (-100.0%)
est: 64.28M (-100.0%)
est: 44.52M (-100.0%)
est: 45.19M (-100.0%)
est: 35.97M (-100.0%)
est: 50.04M (-100.0%)
— – —
— – —
— – —
— – —
— – —
EPS
1.22
est: 1.21 (+1.2%)
1.12
est: 1.15 (-2.2%)
1.38
est: 1.21 (+14.0%)
1.69
est: 0.87 (+95.4%)
2.12
est: 1.74 (+21.6%)
1.53
est: 1.61 (-5.0%)
1.53
est: 1.74 (-12.0%)
2.66
est: 2.65 (+0.5%)
1.90
est: 1.97 (-3.4%)
1.72
est: 2.07 (-16.8%)
1.23
est: 2.16 (-43.0%)
2.86
est: 2.45 (+16.8%)
2.73
est: 2.55 (+7.3%)
2.94
est: 2.93 (+0.3%)
3.35
est: 3.26 (+2.9%)
3.42
3.33 – 3.60
+5.0% YoY
3.41
3.24 – 3.54
-0.2% YoY
3.69
3.55 – 3.96
+8.2% YoY
3.90
3.59 – 4.46
+5.7% YoY
4.21
3.88 – 4.81
+7.9% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-21 Mizuho Outperform Outperform Maintain
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B 3/5 1/5 4/5 5/5 2/5 3/5 2/5
2026-05-08 B 3/5 1/5 4/5 5/5 2/5 3/5 2/5
2026-05-07 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-06 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-05 C- 1/5 1/5 1/5 1/5 1/5 3/5 1/5
2026-05-04 B+ 3/5 1/5 5/5 5/5 2/5 3/5 2/5
2026-05-01 B 3/5 1/5 4/5 5/5 2/5 3/5 2/5
2026-04-30 B 3/5 1/5 4/5 5/5 2/5 3/5 2/5
2026-04-29 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-28 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-27 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-24 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-23 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-22 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-21 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-20 B 3/5 1/5 4/5 5/5 1/5 3/5 2/5
2026-04-17 B 3/5 1/5 4/5 5/5 1/5 3/5 3/5
2026-04-16 B 3/5 1/5 4/5 5/5 1/5 3/5 3/5
2026-04-15 B 3/5 1/5 4/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
571.27M
OE per share TTM
5.60
Owner's Yield
10.12%
Maintenance CapEx ratio
138.14%
Maint CapEx / Avg PPE
214.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
101
Total invested
160.43M
Insider transactions (90d)
0
Beneficial owners (>5%)
8
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 (1) BlackRock, Inc. 13.54M 14.10% 13.32M 13.54M HC Delaware 2022-01-27
2 The Vanguard Group - 23-1945930 10.65M 11.09% 78.0K 10.48M 164.1K IA Pennsylvania 2022-02-09
3 STATE STREET CORPORATION 8.89M 9.26% 8.69M 8.89M HC 2022-02-11
4 SSGA FUNDS MANAGEMENT, INC. 5.62M 5.85% 5.60M 5.62M IA 2022-02-11
5 Neuberger Berman Group LLC 1.06M 2.54% 1.04M 1.06M HC Delaware 2013-07-10
6 Neuberger Berman LLC 1.06M 2.54% 1.04M 1.06M BD, IA Delaware 2013-07-10
7 Neuberger Berman Management LLC 812.0K 1.94% 812.0K 812.0K BD Delaware 2013-07-10
8 Neuberger Berman Equity Funds 746.3K 1.79% 746.3K 746.3K IV Delaware 2013-07-10

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
101
-311 vs prev Q
New positions
9
Closed positions
319
Increased
46
Reduced
26
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 MACQUARIE MANAGEMENT HOLDINGS, INC. 786.0K +786.0K (+100.0%) 36.25B +36.3B (+100.0%) 0.78% +0.781 pp 0.05% +0.055 pp USD46.12 +0.0% 1 qtrs NEW
2 BLACKROCK, INC. 17.83M +124.4K (+0.7%) 822.54M -30.2M (-3.5%) 17.71% +0.066 pp 0.01% -0.001 pp USD47.23 -2.4% 6 qtrs
3 VANGUARD GROUP INC 10.91M -106.9K (-1.0%) 503.31M -27.3M (-5.1%) 10.84% -0.142 pp 0.01% -0.001 pp USD31.61 +45.9% 84 qtrs
4 STATE STREET CORP 4.91M -23.4K (-0.5%) 228.62M -11.1M (-4.6%) 4.87% -0.039 pp 0.01% -0.001 pp USD40.87 +12.8% 51 qtrs
5 DIMENSIONAL FUND ADVISORS LP 3.93M +367.8K (+10.3%) 181.45M +9.7M (+5.7%) 3.91% +0.354 pp 0.04% +0.001 pp USD36.23 +27.3% 51 qtrs
6 WELLS FARGO & COMPANY/MN 2.68M -47.8K (-1.8%) 123.80M -7.8M (-5.9%) 2.67% -0.056 pp 0.02% -0.003 pp USD36.15 +27.6% 57 qtrs
7 GEODE CAPITAL MANAGEMENT, LLC 2.63M +10.4K (+0.4%) 121.28M -4.8M (-3.8%) 2.61% +0.002 pp 0.01% -0.001 pp USD39.31 +17.3% 78 qtrs
8 ENERGY INCOME PARTNERS, LLC 1.85M +894.7K (+94.0%) 85.15M +39.3M (+85.8%) 1.83% +0.885 pp 1.54% +0.659 pp USD44.83 +2.9% 46 qtrs
9 NEUBERGER BERMAN GROUP LLC 1.48M +4.9K (+0.3%) 68.42M -2.8M (-3.9%) 1.47% +0.000 pp 0.05% -0.001 pp USD44.01 +4.8% 11 qtrs
10 NORGES BANK 1.30M +1.3M (+100.0%) 60.07M +60.1M (+100.0%) 1.29% +1.294 pp 0.01% +0.006 pp USD46.12 +0.0% 1 qtrs NEW
11 MORGAN STANLEY 1.28M +208.4K (+19.4%) 59.20M +7.4M (+14.3%) 1.27% +0.203 pp 0.00% +0.000 pp USD45.36 +1.7% 51 qtrs
12 NORTHERN TRUST CORP 1.25M -86.5K (-6.5%) 57.60M -6.7M (-10.4%) 1.24% -0.090 pp 0.01% -0.001 pp USD35.64 +29.4% 51 qtrs
13 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.21M -23.6K (-1.9%) 55.81M -3.6M (-6.0%) 1.20% -0.027 pp 0.01% -0.001 pp USD36.78 +25.4% 100 qtrs
14 BANK OF NEW YORK MELLON CORP 1.08M -53.4K (-4.7%) 49.85M -4.8M (-8.7%) 1.07% -0.057 pp 0.01% -0.002 pp USD33.43 +38.0% 66 qtrs
15 FIRST TRUST ADVISORS LP 1.07M -92.5K (-8.0%) 49.18M -6.6M (-11.9%) 1.06% -0.096 pp 0.04% -0.006 pp USD38.35 +20.3% 51 qtrs
16 PROSHARE ADVISORS LLC 871.6K -45.0K (-4.9%) 40.20M -3.9M (-8.9%) 0.87% -0.048 pp 0.07% -0.021 pp USD44.47 +3.7% 72 qtrs
17 ROYAL LONDON ASSET MANAGEMENT LTD 813.9K +25.0K (+3.2%) 37.54M -448.4K (-1.2%) 0.81% +0.022 pp 0.08% -0.003 pp USD48.09 -4.1% 2 qtrs
18 FMR LLC 811.5K -334.0 (0.0%) 37.43M -1.7M (-4.3%) 0.81% -0.003 pp 0.00% 0.000 pp USD43.09 +7.0% 53 qtrs
19 AQR CAPITAL MANAGEMENT LLC 787.6K +238.9K (+43.5%) 36.33M +10.0M (+38.0%) 0.78% +0.235 pp 0.02% +0.002 pp USD45.47 +1.4% 19 qtrs
20 BRAGG FINANCIAL ADVISORS, INC 744.3K +205.6K (+38.2%) 34.33M +8.4M (+32.3%) 0.74% +0.202 pp 1.12% +0.259 pp USD42.89 +7.5% 59 qtrs
21 QUBE RESEARCH & TECHNOLOGIES LTD 695.0K +99.3K (+16.7%) 32.05M +3.4M (+11.8%) 0.69% +0.097 pp 0.03% +0.003 pp USD44.89 +2.7% 19 qtrs
22 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 690.2K +12.3K (+1.8%) 31.83M -807.1K (-2.5%) 0.69% +0.010 pp 0.01% +0.000 pp USD37.96 +21.5% 39 qtrs
23 GOLDMAN SACHS GROUP INC 638.9K -204.3K (-24.2%) 29.47M -11.1M (-27.4%) 0.63% -0.206 pp 0.00% -0.001 pp USD45.18 +2.1% 73 qtrs
24 VICTORY CAPITAL MANAGEMENT INC 610.1K -112.0 (0.0%) 28.14M -1.2M (-4.2%) 0.61% -0.002 pp 0.02% -0.001 pp USD45.21 +2.0% 37 qtrs
25 JPMORGAN CHASE & CO 602.0K -85.1K (-12.4%) 27.77M -5.3M (-16.1%) 0.60% -0.087 pp 0.00% 0.000 pp USD41.55 +11.0% 51 qtrs
26 UBS GROUP AG 529.2K -73.2K (-12.2%) 24.41M -4.6M (-15.9%) 0.53% -0.075 pp 0.00% -0.001 pp USD46.40 -0.6% 45 qtrs
27 INVESCO LTD. 519.9K +32.1K (+6.6%) 23.98M +490.9K (+2.1%) 0.52% +0.030 pp 0.00% +0.000 pp USD46.00 +0.3% 57 qtrs
28 TWO SIGMA INVESTMENTS, LP 476.2K +83.9K (+21.4%) 21.96M +3.1M (+16.3%) 0.47% +0.082 pp 0.03% +0.003 pp USD47.06 -2.0% 6 qtrs
29 CONFLUENCE INVESTMENT MANAGEMENT LLC 438.7K +15.7K (+3.7%) 20.23M -137.0K (-0.7%) 0.44% +0.014 pp 0.30% +0.013 pp USD34.39 +34.1% 64 qtrs
30 CITADEL ADVISORS LLC 420.1K +367.7K (+701.0%) 19.38M +16.9M (+667.2%) 0.42% +0.365 pp 0.00% +0.003 pp USD45.79 +0.7% 15 qtrs
31 SEGALL BRYANT & HAMILL, LLC 408.6K +63.5K (+18.4%) 18.85M +2.2M (+13.4%) 0.41% +0.062 pp 0.26% +0.034 pp USD36.10 +27.8% 52 qtrs
32 NUVEEN, LLC 334.0K +10.1K (+3.1%) 15.40M -190.1K (-1.2%) 0.33% +0.009 pp 0.00% 0.000 pp USD48.97 -5.8% 4 qtrs
33 RHUMBLINE ADVISERS 329.0K -27.8K (-7.8%) 15.17M -2.0M (-11.7%) 0.33% -0.029 pp 0.01% -0.002 pp USD37.18 +24.0% 55 qtrs
34 WELLINGTON MANAGEMENT GROUP LLP 300.5K +3.3K (+1.1%) 13.86M -450.0K (-3.1%) 0.30% +0.002 pp 0.00% 0.000 pp USD38.63 +19.4% 81 qtrs
35 CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM 290.6K -71.9K (-19.8%) 13.40M -4.1M (-23.2%) 0.29% -0.073 pp 0.01% -0.003 pp USD44.24 +4.2% 55 qtrs
36 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 274.7K -2.6K (-0.9%) 12.67M -682.4K (-5.1%) 0.27% -0.004 pp 0.04% -0.003 pp USD48.15 -4.2% 2 qtrs
37 BANK OF AMERICA CORP /DE/ 274.6K -123.0K (-30.9%) 12.67M -6.5M (-33.8%) 0.27% -0.123 pp 0.00% 0.000 pp USD43.96 +4.9% 52 qtrs
38 GLENMEDE TRUST CO NA 274.6K +274.6K (+100.0%) 12.67M +12.7M (+100.0%) 0.27% +0.273 pp 0.06% +0.060 pp USD46.12 +0.0% 1 qtrs NEW
39 UBS ASSET MANAGEMENT AMERICAS INC 255.1K -4.0K (-1.5%) 11.76M -710.3K (-5.7%) 0.25% -0.005 pp 0.00% 0.000 pp USD42.14 +9.4% 52 qtrs
40 JANNEY MONTGOMERY SCOTT LLC 254.0K +48.8K (+23.8%) 11.72M +1.8M (+18.6%) 0.25% +0.048 pp 0.03% +0.004 pp USD41.75 +10.5% 62 qtrs
41 BARCLAYS PLC 240.9K +51.1K (+26.9%) 11.11M +2.1M (+24.0%) 0.24% +0.050 pp 0.00% +0.000 pp USD46.28 -0.3% 51 qtrs
42 EXCHANGE TRADED CONCEPTS, LLC 237.8K -2.6K (-1.1%) 10.97M -606.9K (-5.2%) 0.24% -0.003 pp 0.08% -0.015 pp USD46.91 -1.7% 16 qtrs
43 PRINCIPAL FINANCIAL GROUP INC 217.6K -8.8K (-3.9%) 10.04M -867.5K (-8.0%) 0.22% -0.010 pp 0.01% 0.000 pp USD32.68 +41.1% 81 qtrs
44 APTUS CAPITAL ADVISORS, LLC 201.3K +837.0 (+0.4%) 9.28M -368.3K (-3.8%) 0.20% +0.000 pp 0.07% -0.004 pp USD48.53 -5.0% 12 qtrs
45 SWISS NATIONAL BANK 198.0K +3.5K (+1.8%) 9.13M -233.4K (-2.5%) 0.20% +0.003 pp 0.01% +0.000 pp USD32.55 +41.7% 51 qtrs
46 ALLIANCEBERNSTEIN L.P. 192.7K -6.7K (-3.4%) 8.89M -715.1K (-7.4%) 0.19% -0.007 pp 0.00% 0.000 pp USD37.21 +23.9% 61 qtrs
47 STIFEL FINANCIAL CORP 190.2K -10.6K (-5.3%) 8.77M -897.4K (-9.3%) 0.19% -0.011 pp 0.01% -0.001 pp USD39.67 +16.3% 44 qtrs
48 SOURCEROCK GROUP LLC 190.1K +190.1K (+100.0%) 8.77M +8.8M (+100.0%) 0.19% +0.189 pp 0.49% +0.489 pp USD46.12 +0.0% 1 qtrs NEW
49 MATTERN CAPITAL MANAGEMENT, LLC 181.2K +9.0K (+5.2%) 8.36M +65.9K (+0.8%) 0.18% +0.008 pp 0.99% +0.012 pp USD39.76 +16.0% 25 qtrs
50 CLEAR HARBOR ASSET MANAGEMENT, LLC 179.1K -3.5K (-1.9%) 8.26M -530.2K (-6.0%) 0.18% -0.004 pp 0.56% +0.078 pp USD33.57 +37.4% 61 qtrs
51 ALGERT GLOBAL LLC 166.2K +— (+0.0%) 7.67M -337.0K (-4.2%) 0.17% -0.001 pp 0.12% -0.014 pp USD43.56 +5.9% 8 qtrs
52 SG AMERICAS SECURITIES, LLC 166.0K +158.1K (+1,989.9%) 7.66M +7.3M (+1,904.2%) 0.16% +0.157 pp 0.01% +0.009 pp USD46.10 +0.0% 50 qtrs
53 LEGAL & GENERAL GROUP PLC 164.6K -51.1K (-23.7%) 7.59M -2.8M (-26.9%) 0.16% -0.051 pp 0.00% -0.001 pp USD39.62 +16.4% 60 qtrs
54 AMERICAN CENTURY COMPANIES INC 162.2K +22.8K (+16.4%) 7.48M +770.5K (+11.5%) 0.16% +0.022 pp 0.00% +0.000 pp USD47.57 -3.0% 17 qtrs
55 ALLIANZ ASSET MANAGEMENT GMBH 149.5K -653.0 (-0.4%) 6.89M -334.9K (-4.6%) 0.15% -0.001 pp 0.01% -0.001 pp USD47.47 -2.8% 11 qtrs
56 AMERIPRISE FINANCIAL INC 148.8K -6.4K (-4.1%) 6.87M -611.4K (-8.2%) 0.15% -0.007 pp 0.00% 0.000 pp USD33.03 +39.6% 55 qtrs
57 GREAT WEST LIFE ASSURANCE CO /CAN/ 137.6K -562.0 (-0.4%) 6.35M -277.0K (-4.2%) 0.14% -0.001 pp 0.01% +0.002 pp USD39.73 +16.1% 49 qtrs
58 MEIJI YASUDA ASSET MANAGEMENT CO LTD. 132.9K +5.2K (+4.1%) 6.13M -19.1K (-0.3%) 0.13% +0.005 pp 0.29% +0.002 pp USD48.94 -5.8% 4 qtrs
59 BENJAMIN EDWARDS INC 132.9K -15.4K (-10.4%) 6.13M -1.0M (-14.2%) 0.13% -0.016 pp 0.07% -0.013 pp USD47.16 -2.2% 18 qtrs
60 TREXQUANT INVESTMENT LP 128.1K +23.7K (+22.7%) 5.91M +880.0K (+17.5%) 0.13% +0.023 pp 0.05% +0.001 pp USD45.58 +1.2% 16 qtrs
61 DEUTSCHE BANK AG\ 127.8K -23.1K (-15.3%) 5.89M -1.4M (-18.9%) 0.13% -0.024 pp 0.00% -0.001 pp USD44.04 +4.7% 50 qtrs
62 METLIFE INVESTMENT MANAGEMENT, LLC 127.1K -4.6K (-3.5%) 5.86M -477.8K (-7.5%) 0.13% -0.005 pp 0.03% -0.002 pp USD43.24 +6.7% 33 qtrs
63 NEW YORK STATE TEACHERS RETIREMENT SYSTEM 126.1K +4.1K (+3.4%) 5.82M -58.0K (-1.0%) 0.13% +0.004 pp 0.01% 0.000 pp USD25.37 +81.8% 51 qtrs
64 RETIREMENT SYSTEMS OF ALABAMA 120.6K -894.0 (-0.7%) 5.56M -287.8K (-4.9%) 0.12% -0.001 pp 0.02% -0.001 pp USD40.30 +14.4% 40 qtrs
65 JOHN G ULLMAN & ASSOCIATES INC 120.1K -900.0 (-0.7%) 5.54M -287.1K (-4.9%) 0.12% -0.001 pp 0.74% -0.046 pp USD35.55 +29.7% 21 qtrs
66 CAPITAL FUND MANAGEMENT S.A. 115.2K +11.7K (+11.3%) 5.31M +328.9K (+6.6%) 0.11% +0.011 pp 0.01% +0.002 pp USD47.60 -3.1% 4 qtrs
67 RAYMOND JAMES FINANCIAL INC 108.9K -2.8K (-2.5%) 5.02M -354.1K (-6.6%) 0.11% -0.003 pp 0.00% 0.000 pp USD47.14 -2.2% 5 qtrs
68 PEREGRINE CAPITAL MANAGEMENT LLC 106.8K -5.3K (-4.7%) 4.93M -470.6K (-8.7%) 0.11% -0.006 pp 0.15% -0.011 pp USD48.15 -4.2% 2 qtrs
69 HENNESSY ADVISORS INC 106.1K -3.9K (-3.5%) 4.89M -403.2K (-7.6%) 0.11% -0.004 pp 0.17% -0.009 pp USD28.38 +62.5% 57 qtrs
70 ENVESTNET ASSET MANAGEMENT INC 102.7K +9.3K (+10.0%) 4.74M +241.3K (+5.4%) 0.10% +0.009 pp 0.00% +0.000 pp USD45.90 +0.5% 28 qtrs
71 COMMONWEALTH EQUITY SERVICES, LLC 100.7K -3.1K (-3.0%) 4.64M -353.7K (-7.1%) 0.10% -0.003 pp 0.01% 0.000 pp USD43.20 +6.8% 8 qtrs
72 MANUFACTURERS LIFE INSURANCE COMPANY, THE 100.0K -4.4K (-4.2%) 4.61M -415.5K (-8.3%) 0.10% -0.005 pp 0.00% 0.000 pp USD35.92 +28.4% 51 qtrs
73 HSBC HOLDINGS PLC 96.2K -33.7K (-25.9%) 4.43M -1.8M (-29.1%) 0.10% -0.034 pp 0.00% -0.001 pp USD46.22 -0.2% 13 qtrs
74 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 95.9K +4.1K (+4.4%) 4.42M +470.0 (+0.0%) 0.10% +0.004 pp 0.00% 0.000 pp USD29.26 +57.6% 52 qtrs
75 MERITAGE PORTFOLIO MANAGEMENT 94.6K -615.0 (-0.6%) 4.36M -221.7K (-4.8%) 0.09% -0.001 pp 0.29% -0.016 pp USD44.82 +2.9% 3 qtrs
76 MARYLAND STATE RETIREMENT & PENSION SYSTEM 94.3K +1.1K (+1.2%) 4.35M -136.3K (-3.0%) 0.09% +0.001 pp 0.09% -0.005 pp USD51.20 -9.9% 13 qtrs
77 PRICE T ROWE ASSOCIATES INC /MD/ 94.1K +5.0K (+5.6%) 4.34M +51.0K (+1.2%) 0.09% +0.005 pp 0.00% +0.000 pp USD41.79 +10.4% 70 qtrs
78 FRANKLIN RESOURCES INC 92.2K +919.0 (+1.0%) 4.25M -143.0K (-3.3%) 0.09% +0.001 pp 0.00% 0.000 pp USD44.04 +4.7% 51 qtrs
79 LPL FINANCIAL LLC 87.0K -242.0 (-0.3%) 4.01M -188.4K (-4.5%) 0.09% -0.001 pp 0.00% 0.000 pp USD42.36 +8.9% 33 qtrs
80 THRIVENT FINANCIAL FOR LUTHERANS 85.8K +14.4K (+20.1%) 3.96M +518.0K (+15.1%) 0.09% +0.014 pp 0.01% +0.000 pp USD45.89 +0.5% 74 qtrs
81 SEI INVESTMENTS CO 85.1K +541.0 (+0.6%) 3.93M -146.7K (-3.6%) 0.08% +0.000 pp 0.00% -0.001 pp USD47.85 -3.6% 14 qtrs
82 CASTELLAN GROUP 79.8K +3.9K (+5.1%) 3.68M +23.3K (+0.6%) 0.08% +0.004 pp 0.46% -0.067 pp USD48.05 -4.0% 2 qtrs
83 NISA INVESTMENT ADVISORS, LLC 78.1K +3.0K (+3.9%) 3.64M -14.5K (-0.4%) 0.08% +0.003 pp 0.01% -0.002 pp USD27.01 +70.8% 91 qtrs
84 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 78.0K -3.2K (-4.0%) 3.58M -208.8K (-5.5%) 0.08% -0.004 pp 0.00% -0.001 pp USD47.32 -2.5% 10 qtrs
85 ZACKS INVESTMENT MANAGEMENT 75.2K -5.6K (-7.0%) 3.47M -424.3K (-10.9%) 0.07% -0.006 pp 0.03% -0.004 pp USD48.93 -5.7% 4 qtrs
86 INSPIRE ADVISORS, LLC 72.1K +8.3K (+12.9%) 3.32M +251.4K (+8.2%) 0.07% +0.008 pp 0.31% +0.012 pp USD45.54 +1.3% 4 qtrs
87 TWO SIGMA ADVISERS, LP 72.0K +2.3K (+3.3%) 3.32M -35.4K (-1.1%) 0.07% +0.002 pp 0.01% 0.000 pp USD46.74 -1.3% 6 qtrs
88 BALYASNY ASSET MANAGEMENT L.P. 69.3K +69.3K (+100.0%) 3.20M +3.2M (+100.0%) 0.07% +0.069 pp 0.00% +0.004 pp USD46.12 +0.0% 12 qtrs
89 ZURCHER KANTONALBANK (ZURICH CANTONALBANK) 68.7K +2.8K (+4.3%) 3.17M -2.7K (-0.1%) 0.07% +0.003 pp 0.01% 0.000 pp USD45.09 +2.3% 44 qtrs
90 ALPS ADVISORS INC 67.4K -4.5K (-6.2%) 3.11M -351.3K (-10.2%) 0.07% -0.005 pp 0.02% -0.001 pp USD46.75 -1.3% 15 qtrs
91 ROYAL BANK OF CANADA 65.3K +4.1K (+6.6%) 3.01M +64.0K (+2.2%) 0.06% +0.004 pp 0.00% +0.000 pp USD43.70 +5.5% 51 qtrs
92 MAN GROUP PLC 65.2K +43.1K (+194.9%) 3.01M +1.9M (+182.5%) 0.06% +0.043 pp 0.01% +0.003 pp USD46.79 -1.4% 21 qtrs
93 MARTINGALE ASSET MANAGEMENT L P 63.3K -15.6K (-19.7%) 2.92M -879.1K (-23.1%) 0.06% -0.016 pp 0.07% -0.021 pp USD42.31 +9.0% 19 qtrs
94 CI PRIVATE WEALTH, LLC 61.8K +134.0 (+0.2%) 2.85M -118.7K (-4.0%) 0.06% 0.000 pp 0.00% -0.001 pp USD46.86 -1.6% 13 qtrs
95 AVENTAIL CAPITAL GROUP, LP 61.8K -41.6K (-40.3%) 2.85M -2.1M (-42.8%) 0.06% -0.042 pp 0.16% -0.067 pp USD43.29 +6.5% 7 qtrs
96 INTECH INVESTMENT MANAGEMENT LLC 60.7K +13.3K (+28.1%) 2.80M +518.4K (+22.7%) 0.06% +0.013 pp 0.03% +0.005 pp USD46.16 -0.1% 7 qtrs
97 STATE OF WISCONSIN INVESTMENT BOARD 60.1K -4.0K (-6.2%) 2.77M -314.0K (-10.2%) 0.06% -0.004 pp 0.01% -0.001 pp USD48.24 -4.4% 15 qtrs
98 HOLOCENE ADVISORS, LP 58.1K -25.4K (-30.4%) 2.68M -1.3M (-33.3%) 0.06% -0.025 pp 0.01% -0.004 pp USD45.04 +2.4% 9 qtrs
99 CETERA INVESTMENT ADVISERS 57.3K +35.3K (+160.0%) 2.64M +1.6M (+149.0%) 0.06% +0.035 pp 0.00% +0.002 pp USD46.06 +0.1% 8 qtrs
100 ADVISORY SERVICES NETWORK, LLC 54.9K -196.0 (-0.4%) 2.53M -120.9K (-4.6%) 0.05% 0.000 pp 0.04% -0.003 pp USD43.08 +7.1% 36 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
1.46
Neutral
Ratio by volume
1.70
Bullish
Buys
19
Sells
13
Shares acquired
51.4K
Shares disposed
30.1K
Cash buys
Cash sales
4.00
Net activity
+21,223
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-03-19 Reich Richard Officer S-Sale D Common Stock 5,449 52.99 288.7K 26,975 D
2026-03-16 Bel Roberto Officer S-Sale D Common Stock 2,035 55.10 112.1K 23,850 D
2026-02-04 D'Antuono Christopher T. Officer Common Stock 0 0.00 4,135 D
2026-01-21 Yardley William T. Director A-Award A Restricted Stock Units 3,023 0.00 3,023 D
2026-01-21 TAYLOR SHARON C Director A-Award A Restricted Stock Units 3,023 0.00 3,023 D
2026-01-21 OConnor Thomas C Director A-Award A Restricted Stock Units 4,106 0.00 4,106 D
2026-01-21 O'Sullivan Michael A Director M-Exempt D Restricted Stock Units 2,825 0.00 0 D
2026-01-21 Mansue Amy B. Director M-Exempt A Common Stock 512 47.97 24.6K 512 D
2026-01-21 KENNY JANE M Director A-Award A Restricted Stock Units 3,023 0.00 3,023 D
2026-01-21 Harvey Peter C Director A-Award A Restricted Stock Units 3,023 0.00 3,023 D
2026-01-21 Hardwick M Susan Director M-Exempt D Restricted Stock Units 2,825 0.00 0 D
2026-01-21 DEGRAFFENREIDT JAMES H JR Director A-Award A Restricted Stock Units 3,023 0.00 3,023 D
2026-01-21 Aliff Gregory E Director A-Award A Restricted Stock Units 3,023 0.00 3,023 D
2026-01-05 TAYLOR SHARON C Director M-Exempt D Phantom Stock Unit 1,207 0.00 0 D
2026-01-05 KENNY JANE M Director M-Exempt D Phantom Stock 3,191 0.00 0 D
2026-01-05 CORRELL DONALD L Director M-Exempt D Restricted Stock Units 870 0.00 4,031 D
2025-12-23 Migliaccio Patrick J. Officer S-Sale D Common Stock 4,017 46.46 186.6K 38,065 D
2025-11-04 Westhoven Stephen D Director / Officer F-InKind D Common Stock 11,283 44.85 506.0K 247,786 D
2025-11-04 Skrocki Stephen Officer A-Award A Common Stock 1,263 44.85 56.6K 7,129 D
2025-11-04 Shea Jacqueline K Officer A-Award A Common Stock 3,946 44.85 177.0K 38,339 D
2025-11-04 Reich Richard Officer A-Award A Common Stock 4,449 44.85 199.5K 30,856 D
2025-11-04 Migliaccio Patrick J. Officer A-Award A Common Stock 4,859 44.85 217.9K 44,405 D
2025-11-04 DelGiudice Lori Officer A-Award A Common Stock 1,435 44.85 64.4K 21,265 D
2025-11-04 Cradic Amy Officer F-InKind D Common Stock 1,793 44.85 80.4K 50,414 D
2025-11-04 Bel Roberto Officer F-InKind D Phantom Stock 61 0.00 6,793 D
2025-11-03 Mansue Amy B. Director 0 0.00 0
2025-10-15 Skrocki Stephen Officer F-InKind D Common Stock 686 46.22 31.7K 5,866 D
2025-10-15 Shea Jacqueline K Officer F-InKind D Common Stock 704 46.22 32.5K 34,160 D
2025-10-15 Reich Richard Officer F-InKind D Common Stock 767 46.22 35.5K 27,037 D
2025-10-15 Migliaccio Patrick J. Officer F-InKind D Common Stock 1,275 42.66 54.4K 33,675 D
2025-10-15 DelGiudice Lori Officer F-InKind D Common Stock 443 42.66 18.9K 15,487 D
2025-10-15 Cradic Amy Officer F-InKind D Common Stock 955 46.22 44.1K 42,815 D
2025-10-15 Bel Roberto Officer F-InKind D Common Stock 840 46.22 38.8K 20,302 D
2025-09-30 Westhoven Stephen D Director / Officer A-Award A Common Stock 11,438 48.15 550.7K 220,442 D
2025-09-30 DelGiudice Lori Officer F-InKind D Common Stock 1,911 48.15 92.0K 16,043 D
2025-07-01 Yardley William T. Director A-Award A Restricted Stock Units 1,504 0.00 1,504 D
2025-06-18 Migliaccio Patrick J. Officer S-Sale D Common Stock 1,500 44.22 66.3K 35,690 D
2025-03-31 Bel Roberto Officer S-Sale D Common Stock 1,173 50.00 58.7K 22,649 D
2025-03-24 Bel Roberto Officer S-Sale D Common Stock 1,173 48.58 57.0K 24,995 D
2025-01-21 TAYLOR SHARON C Director M-Exempt A Common Stock 3,242 47.79 154.9K 33,271 D
2025-01-21 OConnor Thomas C Director A-Award A Restricted Stock Units 2,825 0.00 2,825 D
2025-01-21 O'Sullivan Michael A Director A-Award A Restricted Stock Units 2,825 0.00 0 D
2025-01-21 KENNY JANE M Director A-Award A Restricted Stock Units 2,825 0.00 2,825 D
2025-01-21 Harvey Peter C Director A-Award A Restricted Stock Units 2,825 0.00 2,825 D
2025-01-21 Hardwick M Susan Director M-Exempt D Restricted Stock Units 3,118 0.00 0 D
2025-01-21 DEGRAFFENREIDT JAMES H JR Director M-Exempt D Restricted Stock Units 3,118 0.00 0 D
2025-01-21 CORRELL DONALD L Director A-Award A Restricted Stock Units 3,976 0.00 3,976 D
2025-01-21 Aliff Gregory E Director A-Award A Restricted Stock Units 2,825 0.00 2,825 D
2025-01-06 TAYLOR SHARON C Director M-Exempt D Phantom Stock Unit 1,321 0.00 0 D
2025-01-06 Shea Jacqueline K Officer M-Exempt A Common Stock 1,079 45.68 49.3K 35,571 D
2025-01-06 KENNY JANE M Director M-Exempt D Phantom Stock 2,638 0.00 0 D
2025-01-06 Hardwick M Susan Director M-Exempt D Phantom Stock Unit 1,206 0.00 0 D
2024-12-23 Migliaccio Patrick J. Officer S-Sale D Common Stock 4,983 46.00 229.2K 37,124 D
2024-12-13 Reich Richard Officer I-Discretionary A Common Stock 3,313 47.70 158.0K 3,313 I
2024-11-06 Westhoven Stephen D Director / Officer A-Award A Common Stock 24,368 46.94 1.14M 220,878 D
2024-11-06 Skrocki Stephen Officer A-Award A Common Stock 1,492 46.94 70.0K 6,575 D
2024-11-06 Shea Jacqueline K Officer A-Award A Common Stock 2,617 46.94 122.8K 35,781 D
2024-11-06 Reich Richard Officer A-Award A Common Stock 4,032 46.94 189.3K 24,482 D
2024-11-06 Migliaccio Patrick J. Officer A-Award A Common Stock 5,742 46.94 269.5K 38,999 D
2024-11-06 DelGiudice Lori Officer A-Award A Common Stock 2,839 46.94 133.3K 17,294 D
2024-11-06 Cradic Amy Officer A-Award A Common Stock 5,156 46.94 242.0K 42,837 D
2024-11-06 Bel Roberto Officer A-Award A Phantom Stock 2,411 0.00 2,411 D
2024-10-15 Skrocki Stephen Officer F-InKind D Common Stock 675 46.61 31.5K 5,083 D
2024-10-15 Shea Jacqueline K Officer F-InKind D Common Stock 1,694 46.61 79.0K 28,384 D
2024-10-15 Reich Richard Officer F-InKind D Common Stock 835 46.61 38.9K 21,802 D
2024-10-15 Migliaccio Patrick J. Officer F-InKind D Common Stock 1,226 46.61 57.1K 33,257 D
2024-10-15 DelGiudice Lori Officer F-InKind D Common Stock 426 46.61 19.9K 14,455 D
2024-10-15 Cradic Amy Officer F-InKind D Common Stock 919 46.61 42.8K 32,683 D
2024-10-15 Bel Roberto Officer F-InKind D Common Stock 1,581 46.61 73.7K 21,247 D
2024-09-30 Westhoven Stephen D Director / Officer F-InKind D Common Stock 5,310 47.20 250.6K 173,050 D
2024-09-30 DelGiudice Lori Officer F-InKind D Common Stock 736 47.20 34.7K 14,904 D
2024-08-21 Migliaccio Patrick J. Officer S-Sale D Common Stock 2,500 45.88 114.7K 36,582
2024-07-16 Westhoven Stephen D Director / Officer S-Sale D Common Stock 26,600 45.06 1.20M 168,705
2024-07-12 Westhoven Stephen D Director / Officer S-Sale D Common Stock 3,400 45.00 153.0K 195,305
2024-06-14 KENNY JANE M Director S-Sale D Common Stock 8,300 42.20 350.3K 23,259
2024-06-13 KENNY JANE M Director S-Sale D Common Stock 0 42.44 6.96 31,559
2024-05-23 Westhoven Stephen D Director / Officer S-Sale D Common Stock 20,000 42.82 856.4K 198,705
2024-03-12 Migliaccio Patrick J. Officer S-Sale D Common Stock 3,000 42.71 128.1K 38,886
2024-01-24 TAYLOR SHARON C Director A-Award A Restricted Stock Units 3,118 0.00 3,118
2024-01-24 OConnor Thomas C Director A-Award A Restricted Stock Units 3,118 0.00 3,118
2024-01-24 O'Sullivan Michael A Director M-Exempt D Restricted Stock Units 2,521 0.00 0
2024-01-24 KENNY JANE M Director M-Exempt D Restricted Stock Units 2,521 0.00 0
2024-01-24 Harvey Peter C Director M-Exempt A Common Stock 534 41.69 22.3K 534
2024-01-24 Hardwick M Susan Director A-Award A Restricted Stock Units 3,118 0.00 3,118
2024-01-24 DEGRAFFENREIDT JAMES H JR Director M-Exempt D Restricted Stock Units 2,521 0.00 0
2024-01-24 CORRELL DONALD L Director A-Award A Restricted Stock Units 4,318 0.00 4,318
2024-01-24 Aliff Gregory E Director A-Award A Restricted Stock Units 3,118 0.00 3,118
2024-01-04 TAYLOR SHARON C Director M-Exempt D Phantom Stock Unit 1,321 0.00 1,321
2024-01-04 Shea Jacqueline K Officer F-InKind D Common Stock 592 45.32 26.8K 30,493
2024-01-04 KENNY JANE M Director M-Exempt D Phantom Stock 2,472 0.00 0
2023-12-21 Migliaccio Patrick J. Officer S-Sale D Common Stock 3,579 44.29 158.5K 41,886
2023-11-15 Westhoven Stephen D Director / Officer F-InKind D Common Stock 5,215 42.55 221.9K 196,008
2023-11-15 Skrocki Stephen Officer A-Award A Common Stock 1,269 42.55 54.0K 5,661
2023-11-15 Shea Jacqueline K Officer A-Award A Common Stock 2,490 42.55 105.9K 31,275
2023-11-15 Reich Richard Officer A-Award A Common Stock 1,540 42.55 65.5K 23,808
2023-11-15 Migliaccio Patrick J. Officer A-Award A Phantom Stock 7,106 0.00 7,106
2023-11-15 DelGiudice Lori Officer A-Award A Common Stock 3,919 42.55 166.8K 15,640
2023-11-15 Cradic Amy Officer A-Award A Common Stock 5,033 42.55 214.2K 37,255
2023-11-15 Bel Roberto Officer A-Award A Common Stock 2,714 42.55 115.5K 25,899
2023-10-30 Harvey Peter C Director 0 0.00 0
2023-10-15 Shea Jacqueline K Officer F-InKind D Common Stock 544 42.05 22.9K 23,630
2023-10-15 Reich Richard Officer F-InKind D Common Stock 709 42.05 29.8K 17,375
2023-10-15 Migliaccio Patrick J. Officer F-InKind D Common Stock 1,482 42.05 62.3K 35,689
2023-10-15 DelGiudice Lori Officer F-InKind D Common Stock 308 42.05 13.0K 11,721
2023-10-15 Cradic Amy Officer F-InKind D Common Stock 1,137 42.05 47.8K 23,656
2023-10-15 Bel Roberto Officer F-InKind D Common Stock 866 42.05 36.4K 16,143
2023-09-30 Westhoven Stephen D Director / Officer F-InKind D Common Stock 5,110 40.63 207.6K 190,635
2023-09-30 DelGiudice Lori Officer F-InKind D Common Stock 708 40.63 28.8K 11,994
2023-05-12 Westhoven Stephen D Director / Officer S-Sale D Common Stock 5,000 50.04 250.2K 180,372
2023-03-07 Migliaccio Patrick J. Officer S-Sale D Common Stock 2,040 51.00 104.0K 38,129
2023-01-25 ZOFFINGER GEORGE R Director A-Award A Restricted Stock Units 2,521 0.00 2,521
2023-01-25 TAYLOR SHARON C Director M-Exempt D Restricted Stock Units 2,942 0.00 0
2023-01-25 OConnor Thomas C Director A-Award A Restricted Stock Units 2,521 0.00 2,521
2023-01-25 O'Sullivan Michael A Director M-Exempt D Restricted Stock Units 460 0.00 0
2023-01-25 KENNY JANE M Director A-Award A Restricted Stock Units 2,521 0.00 2,521
2023-01-25 Hardwick M Susan Director M-Exempt D Restricted Stock Units 2,942 0.00 0
2023-01-25 DEGRAFFENREIDT JAMES H JR Director A-Award A Restricted Stock Units 2,521 0.00 2,521
2023-01-25 CORRELL DONALD L Director A-Award A Restricted Stock Units 3,530 0.00 3,530
2023-01-25 Aliff Gregory E Director A-Award A Restricted Stock Units 2,521 0.00 2,521
2023-01-05 TAYLOR SHARON C Director M-Exempt D Phantom Stock Units 1,321 49.31 65.1K 14,903
2023-01-05 Shea Jacqueline K Officer M-Exempt D Phantom Stock 1,002 49.31 49.4K 1,907
2023-01-05 KENNY JANE M Director M-Exempt A Common Stock 3,096 0.00 26,014
2023-01-01 Skrocki Stephen Officer D Common Stock 0 0.00 4,392
2022-11-22 Migliaccio Patrick J. Officer S-Sale D Common Stock 3,000 49.16 147.5K 40,169
2022-11-10 Shea Jacqueline K Officer A-Award A Common Stock 3,185 46.00 146.5K 24,066
2022-11-10 Reich Richard Officer A-Award A Common Stock 4,161 46.00 191.4K 18,655
2022-11-10 Migliaccio Patrick J. Officer A-Award A Common Stock 6,490 46.00 298.5K 43,169
2022-11-10 DelGiudice Lori Officer A-Award A Common Stock 2,837 46.00 130.5K 12,620
2022-11-10 Cradic Amy Officer A-Award A Common Stock 5,643 46.00 259.6K 25,326
2022-11-10 Bel Roberto Officer A-Award A Common Stock 5,079 46.00 233.6K 17,849
2022-11-09 Westhoven Stephen D Officer A-Award A Common Stock 12,546 43.92 551.0K 191,551
2022-11-09 Shea Jacqueline K Officer F-InKind D Common Stock 888 43.92 39.0K 19,819
2022-11-09 Reich Richard Officer F-InKind D Common Stock 356 43.92 15.6K 14,070
2022-11-09 Migliaccio Patrick J. Officer F-InKind D Common Stock 1,777 43.92 78.0K 34,557
2022-11-09 Cradic Amy Officer A-Award A Common Stock 2,509 43.92 110.2K 20,748
2022-11-09 Bel Roberto Officer A-Award A Common Stock 1,256 43.89 55.1K 13,389
2022-11-07 DelGiudice Lori 0
2022-10-27 O'Sullivan Michael A 0
2022-10-15 Shea Jacqueline K Officer F-InKind D Common Stock 527 39.48 20.8K 18,904
2022-10-15 Reich Richard Officer F-InKind D Common Stock 689 39.48 27.2K 13,704
2022-10-15 Migliaccio Patrick J. Officer F-InKind D Common Stock 1,429 39.48 56.4K 32,727
2022-10-15 Cradic Amy Officer F-InKind D Common Stock 1,094 39.48 43.2K 16,993
2022-10-15 Bel Roberto Officer F-InKind D Common Stock 487 39.48 19.2K 11,584
2022-09-30 Westhoven Stephen D Officer F-InKind D Common Stock 4,575 38.70 177.1K 168,445
2022-05-19 Migliaccio Patrick J. Officer S-Sale D Common Stock 2,690 45.25 121.7K 36,016
2022-04-01 Bel Roberto Officer F-InKind D Common Stock 1,172 47.17 55.3K 12,802
2022-01-26 ZOFFINGER GEORGE R Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 TRICE DAVID A Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 TAYLOR SHARON C Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 OConnor Thomas C Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 KENNY JANE M Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 Hardwick M Susan Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 Evans Robert B Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 DEGRAFFENREIDT JAMES H JR Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-26 CORRELL DONALD L Director A-Award A Restricted Stock Units 4,221 0.00 4,221
2022-01-26 Aliff Gregory E Director A-Award A Restricted Stock Units 2,942 0.00 2,942
2022-01-20 TRICE DAVID A Director M-Exempt D Restricted Stock Units 3,080 0.00 0
2022-01-20 TAYLOR SHARON C Director M-Exempt D Restricted Stock Units 3,080 0.00 0
2022-01-20 Hardwick M Susan Director M-Exempt D Restricted Stock Units 3,080 0.00 0
2022-01-20 Evans Robert B Director M-Exempt D Restricted Stock Units 3,080 0.00 0
2022-01-20 DEGRAFFENREIDT JAMES H JR Director M-Exempt D Restricted Stock Units 3,080 0.00 0
2022-01-10 Shea Jacqueline K Officer M-Exempt A Common Stock 969 0.00 20,467
2022-01-10 KENNY JANE M Director M-Exempt D Phantom Stock Units 3,324 0.00 5,732
2022-01-10 HOWARD M WILLIAM JR Director M-Exempt D Phantom Stock Units 3,324 0.00 5,732
2022-01-01 Bel Roberto Officer D Common Stock 0 0.00 13,750
2021-11-29 DEGRAFFENREIDT JAMES H JR Director P-Purchase A Common Stock 4,000 38.04 152.2K 8,016
2021-11-23 Migliaccio Patrick J. Officer S-Sale D Common Stock 4,000 39.02 156.1K 38,706
2021-11-10 Westhoven Stephen D Director / Officer A-Award A Common Stock 4,286 38.84 166.5K 162,274
2021-11-10 Valori Mark F. Officer A-Award A Phantom Stock 644 0.00 644
2021-11-10 Shea Timothy F. Officer A-Award A Common Stock 28,321 38.84 1.10M 52,377
2021-11-10 Shea Jacqueline K Officer A-Award A Common Stock 3,104 38.84 120.6K 16,407
2021-11-10 Reich Richard Officer A-Award A Common Stock 4,068 38.84 158.0K 14,618
2021-11-10 Mullan Amanda Officer A-Award A Common Stock 5,316 38.84 206.5K 35,288
2021-11-10 Migliaccio Patrick J. Officer F-InKind D Common Stock 1,173 38.84 45.6K 34,292
2021-11-10 Cradic Amy Officer A-Award A Common Stock 7,477 38.84 290.4K 19,216
2021-10-15 Westhoven Stephen D Director / Officer F-InKind D Common Stock 3,404 37.70 128.3K 153,431
2021-10-15 Valori Mark F. Officer F-InKind D Common Stock 147 37.70 5.5K 13,506
2021-10-15 Shea Timothy F. Officer F-InKind D Common Stock 8,623 37.70 325.1K 23,016
2021-10-15 Shea Jacqueline K Officer F-InKind D Common Stock 545 37.70 20.5K 14,089
2021-10-15 Reich Richard Officer F-InKind D Common Stock 568 37.70 21.4K 6,309
2021-10-15 Mullan Amanda Officer F-InKind D Common Stock 684 37.70 25.8K 32,081
2021-10-15 Migliaccio Patrick J. Officer F-InKind D Common Stock 2,269 37.70 85.5K 33,084
2021-10-15 Cradic Amy Officer F-InKind D Common Stock 1,222 37.70 46.1K 11,044
2021-09-30 Westhoven Stephen D Director / Officer F-InKind D Common Stock 3,268 34.81 113.8K 156,134
2021-09-09 Reich Richard Officer D Common Stock 0 0.00 7,298
2021-06-23 Shea Timothy F. Officer S-Sale D Common Stock 10,001 41.35 413.5K 58,406
2021-05-27 HOWARD M WILLIAM JR Director S-Sale D Common Stock 3,078 42.79 131.7K 14,257
2021-03-19 HOWARD M WILLIAM JR Director S-Sale D Common Stock 5,580 40.16 224.1K 17,335
2021-02-11 Migliaccio Patrick J. Officer S-Sale D Common Stock 3,811 37.11 141.4K 37,572
2021-01-20 ZOFFINGER GEORGE R Director A-Award A Restricted Stock Units 3,080 0.00 3,080
2021-01-20 TRICE DAVID A Director A-Award A Restricted Stock Units 3,080 0.00 3,080
2021-01-20 TAYLOR SHARON C Director M-Exempt A Common Stock 2,638 0.00 13,433
2021-01-20 OConnor Thomas C Director A-Award A Restricted Stock Units 3,080 0.00 3,080
2021-01-20 KENNY JANE M Director A-Award A Restricted Stock Units 3,080 0.00 3,080
2021-01-20 Hardwick M Susan Director A-Award A Restricted Stock Units 3,080 0.00 3,080
2021-01-20 HOWARD M WILLIAM JR Director A-Award A Restricted Stock Units 3,080 0.00 3,080
2021-01-20 Evans Robert B Director M-Exempt D Restricted Stock Units 2,529 0.00 0
2021-01-20 DEGRAFFENREIDT JAMES H JR Director M-Exempt D Restricted Stock Units 2,529 0.00 0
2021-01-20 CORRELL DONALD L Director A-Award A Restricted Stock Units 4,199 0.00 4,199
2021-01-20 Aliff Gregory E Director A-Award A Restricted Stock Units 3,080 0.00 3,080

Executive team

Top executives
EBIT / Employee
404.6K
Shares Outstanding
100.85M

Executive compensation

Executive compensation (annual)
# Year Executive Salary Bonus Stock award Option award Incentive Other Total % Stock-
based
Filing
1 2025 Stephen D. Westhoven President and Chief Executive Officer 1.00M 3.51M 1.40M 517.6K 6.43M 54.63%
2 2025 Patrick J. Migliaccio Senior Vice President and Chief Operating Officer, NJNG 512.5K 547.9K 364.2K 129.8K 1.55M 35.25%
3 2025 Roberto F. Bel Senior Vice President and Chief Financial Officer 457.1K 468.0K 333.3K 53.1K 1.31M 35.68%
4 2025 Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 445.7K 476.6K 325.5K 58.4K 1.31M 36.49%
5 2025 Richard Reich Senior Vice President and General Counsel 448.2K 383.5K 266.0K 135.3K 1.23M 31.10%
6 2024 Stephen D. Westhoven President and Chief Executive Officer 968.4K 3.27M 1.40M 1.57M 7.21M 45.31%
7 2024 Patrick J. Migliaccio Senior Vice President and Chief Operating Officer, NJNG 495.0K 624.1K 419.8K 305.9K 1.84M 33.83%
8 2024 Richard Reich Senior Vice President and General Counsel 419.0K 425.0K 261.6K 279.8K 1.39M 30.68%
9 2024 Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 430.4K 542.7K 326.6K 56.0K 1.36M 40.03%
10 2024 Roberto F. Bel Senior Vice President and Chief Financial Officer 418.4K 485.1K 332.6K 46.1K 1.28M 37.83%
11 2023 STEPHEN D. WESTHOVEN President and Chief Executive Officer 938.3K 1.38M 703.0K 5.79M 0.00%
12 2023 Stephen D. Westhoven President and Chief Executive Officer 928.7K 2.77M 1.38M 703.0K 5.78M 47.86%
13 2023 PATRICK J. MIGLIACCIO Senior Vice President and Chief Operating Officer, NJNG 479.6K 387.4K 117.9K 1.57M 0.00%
14 2023 Patrick J. Migliaccio Senior Vice President and Chief Operating Officer, NJNG 474.7K 587.1K 387.4K 117.9K 1.57M 37.46%
15 2023 AMY CRADIC Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 417.0K 327.9K 48.3K 1.30M 0.00%
16 2023 Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 412.8K 510.5K 327.9K 48.3K 1.30M 39.29%
17 2023 LORI DELGIUDICE Senior Vice President, Human Resources 290.0K 100.0K 168.4K 18.6K 1.28M 0.00%
18 2023 ROBERTO F. BEL Senior Vice President and Chief Financial Officer 396.0K 299.5K 40.9K 1.20M 0.00%
19 2023 Roberto F. Bel Senior Vice President and Chief Financial Officer 387.0K 459.5K 299.5K 40.9K 1.19M 38.71%
20 2023 Richard Reich Senior Vice President and General Counsel 387.5K 376.5K 249.9K 89.7K 1.10M 34.11%
21 2022 Stephen D. Westhoven President and Chief Executive Officer 884.4K 2.25M 1.41M 63.8K 4.61M 48.88%
22 2022 STEPHEN D. WESTHOVEN President and Chief Executive Officer 884.4K 1.41M 63.8K 4.61M 0.00%
23 2022 Patrick J. Migliaccio Senior Vice President and Chief Operating Officer, NJNG 456.7K 654.7K 379.0K 37.1K 1.53M 42.86%
24 2022 PATRICK J. MIGLIACCIO Senior Vice President and Chief Operating Officer, NJNG 456.7K 379.0K 37.1K 1.53M 0.00%
25 2022 PATRICK J. MIGLIACCIO Senior Vice President and Chief Operating Officer, NJNG, Former Chief Financial Officer 456.7K 654.7K 379.0K 37.1K 1.53M 42.86%
26 2022 AMY CRADIC Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 389.4K 329.8K 43.6K 1.34M 0.00%
27 2022 Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 389.4K 582.0K 329.8K 43.6K 1.34M 43.28%
28 2022 TIMOTHY F. SHEA Former Vice President, NJRES 189.2K 1.10M 15.8K 1.30M 84.29%
29 2022 Richard Reich Senior Vice President and General Counsel 359.2K 473.7K 247.7K 33.3K 1.11M 42.52%
30 2022 RICHARD REICH Senior Vice President and General Counsel 359.2K 473.7K 247.7K 33.3K 1.11M 42.52%
31 2022 Roberto F. Bel Senior Vice President and Chief Financial Officer 350.8K 335.3K 296.8K 37.9K 1.02M 32.84%
32 2022 ROBERTO F. BEL Senior Vice President and Chief Financial Officer 350.8K 296.8K 37.9K 1.02M 0.00%
33 2022 ROBERTO F. BEL Senior Vice President and Current Chief Financial Officer 350.8K 335.3K 296.8K 37.9K 1.02M 32.84%
34 2021 Stephen D. Westhoven President and Chief Executive Officer 808.8K 1.82M 1.31M 839.5K 4.78M 38.11%
35 2021 STEPHEN D. WESTHOVEN President and Chief Executive Officer 808.8K 1.31M 839.5K 4.78M 0.00%
36 2021 Timothy F. Shea Vice President, NJR Energy Services Company 325.2K 1.0K 1.10M 159.2K 1.59M 0.00%
37 2021 TIMOTHY F. SHEA Former Vice President, NJRES 325.2K 1.0K 1.10M 159.2K 1.59M 0.00%
38 2021 PATRICK J. MIGLIACCIO Senior Vice President and Chief Operating Officer, NJNG 431.4K 1.0K 381.7K 149.8K 1.53M 0.00%
39 2021 PATRICK J. MIGLIACCIO Senior Vice President and Chief Operating Officer, NJNG, Former Chief Financial Officer 431.4K 1.0K 562.9K 381.7K 149.8K 1.53M 36.87%
40 2021 Patrick J. Migliaccio Senior Vice President and Chief Financial Officer 431.4K 1.0K 562.9K 381.7K 149.8K 1.53M 36.87%
41 2021 Nancy A. Washington Former Senior Vice President and General Counsel 224.4K 355.1K 193.1K 597.8K 1.37M 25.91%
42 2021 AMY CRADIC Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 345.1K 1.0K 305.4K 38.0K 1.11M 0.00%
43 2021 Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 345.1K 1.0K 423.0K 305.4K 38.0K 1.11M 38.02%
44 2021 Amanda E. Mullan Senior Vice President and Chief Human Resources Officer 338.7K 1.0K 312.5K 245.8K 41.6K 939.5K 33.26%
45 2020 Stephen D. Westhoven President and Current Chief Executive Officer 755.8K 1.49M 887.3K 1.04M 4.17M 35.69%
46 2020 STEPHEN D. WESTHOVEN President and Chief Executive Officer 755.8K 1.49M 887.3K 1.04M 4.17M 35.69%
47 2020 Stephen D. Westhoven President and Chief Executive Officer 755.8K 1.49M 887.3K 1.04M 4.17M 35.69%
48 2020 PATRICK J. MIGLIACCIO Senior Vice President and Chief Operating Officer, NJNG, Former Chief Financial Officer 397.6K 496.2K 283.9K 224.4K 1.40M 35.39%
49 2020 Patrick J. Migliaccio Senior Vice President and Chief Financial Officer 397.6K 496.2K 283.9K 224.4K 1.40M 35.39%
50 2020 Nancy A. Washington Senior Vice President and General Counsel 373.9K 367.2K 184.3K 35.7K 961.1K 38.21%
51 2020 Nancy A. Washington Former Senior Vice President and General Counsel 373.9K 367.2K 184.3K 35.7K 961.1K 38.21%
52 2020 Amanda E. Mullan Senior Vice President and Chief Human Resources Officer 330.4K 337.4K 186.9K 26.9K 881.5K 38.27%
53 2020 AMY CRADIC Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 297.1K 297.7K 227.1K 19.5K 841.4K 35.38%
54 2020 Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy and External Affairs 297.1K 297.7K 227.1K 19.5K 841.4K 35.38%
55 2019 Laurence M. Downes Chairman, Former Chief Executive Officer 967.2K 2.90M 1.23M 1.14M 6.24M 46.58%
56 2019 Stephen D. Westhoven President and Current Chief Executive Officer 501.9K 1.11M 428.6K 741.6K 2.78M 39.88%
57 2019 Stephen D. Westhoven President and Chief Executive Officer 501.9K 1.11M 428.6K 741.6K 2.78M 39.88%
58 2019 Patrick J. Migliaccio Senior Vice President and Chief Financial Officer 374.9K 649.0K 257.8K 215.6K 1.50M 43.35%
59 2019 Nancy A. Washington Former Senior Vice President and General Counsel 351.4K 574.2K 204.3K 36.7K 1.17M 49.22%
60 2019 Nancy A. Washington Senior Vice President and General Counsel 351.4K 574.2K 204.3K 36.7K 1.17M 49.22%
61 2019 Amanda E. Mullan Senior Vice President and Chief Human Resources Officer 319.5K 565.7K 183.1K 35.1K 1.10M 51.27%
62 2018 Laurence M. Downes Chairman, Former Chief Executive Officer 925.0K 2.11M 1.48M 58.8K 4.55M 46.30%
63 2018 Laurence M. Downes Chairman, Chief Executive Officer 925.0K 2.11M 1.48M 58.8K 4.55M 46.30%
64 2018 Stephen D. Westhoven President and Current Chief Executive Officer 419.0K 602.8K 432.9K 158.2K 1.61M 37.37%
65 2018 Stephen D. Westhoven President and Chief Operating Officer 419.0K 602.8K 432.9K 158.2K 1.61M 37.37%
66 2018 Patrick J. Migliaccio Senior Vice President and Chief Financial Officer 332.3K 407.7K 307.7K 64.8K 1.11M 36.65%
67 2018 Amanda E. Mullan Senior Vice President and Chief Human Resources Officer 309.0K 406.3K 226.3K 23.8K 965.4K 42.08%
68 2018 Nancy A. Washington Senior Vice President and General Counsel 319.2K 271.0K 236.4K 25.2K 851.9K 31.81%
69 2017 Laurence M. Downes Chairman, Chief Executive Officer and President 919.2K 1.84M 1.14M 690.9K 4.60M 40.11%
70 2017 Laurence M. Downes Chairman, Former Chief Executive Officer 919.2K 1.84M 1.14M 690.9K 4.60M 40.11%
71 2017 Laurence M. Downes Chairman, Chief Executive Officer 919.2K 1.84M 1.14M 690.9K 4.60M 40.11%
72 2017 Mariellen Dugan Former Senior Vice President and Chief Operating Officer, NJNG 318.6K 354.4K 720.9K 1.39M 25.43%
73 2017 Stephen D. Westhoven President and Current Chief Executive Officer 363.5K 373.1K 207.7K 168.2K 1.11M 33.54%
74 2017 Stephen D. Westhoven President and Chief Operating Officer 363.5K 373.1K 207.7K 168.2K 1.11M 33.54%
75 2017 Stephen D. Westhoven Senior Vice President and Chief Operating Officer, NJRES and NJRCEV 363.5K 373.1K 207.7K 168.2K 1.11M 33.54%
76 2017 Kathleen T. Ellis Executive Vice President, Policy and Strategic Development, NJR 372.5K 223.8K 278.1K 172.8K 1.05M 21.37%
77 2017 Patrick J. Migliaccio Senior Vice President and Chief Financial Officer 300.1K 279.7K 180.9K 70.1K 830.8K 33.66%
78 2017 Amanda E. Mullan Senior Vice President and Chief Human Resources Officer 297.8K 279.7K 186.6K 20.2K 784.3K 35.66%
79 2016 Laurence M. Downes Chairman, Chief Executive Officer and President 901.0K 1.72M 1.11M 1.15M 4.88M 35.26%
80 2016 Laurence M. Downes Chairman, Chief Executive Officer 901.0K 1.72M 1.11M 1.15M 4.88M 35.26%
81 2016 Stephen D. Westhoven Senior Vice President and Chief Operating Officer, NJRES and NJRCEV 325.1K 864.7K 369.5K 275.7K 1.83M 47.12%
82 2016 Stephen D. Westhoven President and Chief Operating Officer 325.1K 864.7K 369.5K 275.7K 1.83M 47.12%
83 2016 Stephen D. Westhoven Senior Vice President NJRES 325.1K 864.7K 369.5K 275.7K 1.83M 47.12%
84 2016 Glenn C. Lockwood Executive Vice President 378.1K 415.7K 267.2K 383.2K 1.44M 28.78%
85 2016 Mariellen Dugan Former Senior Vice President and Chief Operating Officer, NJNG 352.0K 343.6K 263.0K 183.0K 1.14M 30.10%
86 2016 Mariellen Dugan Senior Vice President and General Counsel 352.0K 343.6K 263.0K 183.0K 1.14M 30.10%
87 2016 Kathleen T. Ellis Executive Vice President, Policy and Strategic Development, NJR 364.1K 282.8K 227.1K 265.3K 1.14M 24.82%
88 2016 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 364.1K 282.8K 227.1K 265.3K 1.14M 24.82%
89 2016 Patrick J. Migliaccio Senior Vice President and Chief Financial Officer 281.7K 245.4K 167.3K 89.6K 784.0K 31.30%
90 2015 Laurence M. Downes Chairman, Chief Executive Officer and President 868.0K 2.63M 1.20M 859.1K 5.57M 47.32%
91 2015 Laurence M. Downes Chairman, Chief Executive Officer and President 868.0K 2.63M 1.20M 47.9K 5.57M 47.32%
92 2015 Stephen D. Westhoven Senior Vice President, NJRES 312.6K 1.79M 580.0K 22.6K 2.88M 62.26%
93 2015 Stephen D. Westhoven Senior Vice President and Chief Operating Officer, NJRES and NJRCEV 312.6K 1.79M 580.0K 193.7K 2.88M 62.26%
94 2015 Stephen D. Westhoven Senior Vice President NJRES 312.6K 1.79M 580.0K 193.7K 2.88M 62.26%
95 2015 Glenn C. Lockwood Executive Vice President and Chief Financial Officer 361.5K 964.3K 302.6K 24.8K 1.92M 50.23%
96 2015 Glenn C. Lockwood Executive Vice President 361.5K 964.3K 302.6K 291.4K 1.92M 50.23%
97 2015 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 350.1K 634.8K 222.7K 35.4K 1.43M 44.38%
98 2015 Kathleen T. Ellis Executive Vice President, Policy and Strategic Development, NJR 350.1K 634.8K 222.7K 222.8K 1.43M 44.38%
99 2015 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 350.1K 634.8K 222.7K 222.8K 1.43M 44.38%
100 2015 Mariellen Dugan Former Senior Vice President and Chief Operating Officer, NJNG 320.3K 489.2K 268.1K 127.9K 1.21M 40.59%
101 2015 Mariellen Dugan Senior Vice President and General Counsel 320.3K 489.2K 268.1K 127.9K 1.21M 40.59%
102 2015 Mariellen Dugan Senior Vice President and General Counsel 320.3K 489.2K 268.1K 28.1K 1.21M 40.59%
103 2014 Laurence M. Downes Chairman, Chief Executive Officer and President 842.3K 1.62M 1.24M 43.3K 4.61M 35.21%
104 2014 Laurence M. Downes Chairman, Chief Executive Officer and President 842.3K 1.62M 1.24M 905.1K 4.61M 35.21%
105 2014 Stephen D. Westhoven Senior Vice President NJRES 303.5K 720.0K 328.0K 222.8K 1.57M 20.83%
106 2014 Stephen D. Westhoven Senior Vice President, NJRES 303.5K 720.0K 328.0K 27.1K 1.57M 20.83%
107 2014 Glenn C. Lockwood Executive Vice President and Chief Financial Officer 345.6K 239.3K 305.5K 24.6K 1.20M 19.87%
108 2014 Glenn C. Lockwood Executive Vice President 345.6K 239.3K 305.5K 313.7K 1.20M 19.87%
109 2014 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 339.5K 235.0K 259.0K 211.8K 1.05M 22.49%
110 2014 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 339.5K 235.0K 259.0K 35.2K 1.05M 22.49%
111 2014 Mariellen Dugan Senior Vice President and General Counsel 306.6K 197.8K 270.7K 25.4K 894.7K 22.11%
112 2014 Mariellen Dugan Senior Vice President and General Counsel 306.6K 197.8K 270.7K 119.6K 894.7K 22.11%
113 2013 Laurence M. Downes Chairman, Chief Executive Officer and President 817.5K 872.3K 824.0K 40.0K 2.55M 34.16%
114 2013 Glenn C. Lockwood Executive Vice President and Chief Financial Officer 332.5K 277.2K 219.1K 22.5K 851.3K 32.57%
115 2013 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 327.9K 250.8K 215.2K 27.5K 838.8K 29.90%
116 2013 Stephen D. Westhoven Senior Vice President, NJRES 294.7K 200.0K 270.1K 26.5K 791.4K 34.14%
117 2013 Mariellen Dugan Senior Vice President and General Counsel 295.5K 172.5K 195.0K 23.8K 688.8K 25.05%
118 2012 Laurence M. Downes Chairman, Chief Executive Officer and President 778.7K 866.5K 800.0K 42.6K 3.40M 25.48%
119 2012 Glenn C. Lockwood Executive Vice President and Chief Financial Officer 317.8K 227.8K 208.2K 22.9K 1.07M 21.26%
120 2012 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 316.8K 227.2K 207.5K 27.9K 963.4K 23.58%
121 2012 Stephen D. Westhoven Senior Vice President, NJRES 286.1K 112.0K 270.5K 22.8K 890.9K 30.37%
122 2012 Mariellen Dugan Senior Vice President and General Counsel 281.0K 161.5K 184.1K 22.7K 735.2K 21.97%
123 2011 Laurence M. Downes Chairman, Chief Executive Officer and President 715.5K 1.37M 846.0K 30.4K 3.40M 40.19%
124 2011 Stephen D. Westhoven Senior Vice President, NJRES 278.7K 150.0K 301.9K 21.5K 840.5K 35.92%
125 2011 Glenn C. Lockwood Executive Vice President and Chief Financial Officer 306.2K 148.5K 202.2K 20.7K 823.9K 18.03%
126 2011 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 307.3K 152.1K 201.0K 25.0K 794.1K 19.15%
127 2011 Mariellen Dugan Senior Vice President and General Counsel 271.5K 132.8K 180.0K 21.7K 647.8K 20.50%
128 2010 Laurence M. Downes Chairman, Chief Executive Officer and President 709.8K 908.6K 53.5K 2.28M 39.90%
129 2010 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 291.9K 137.5K 185.0K 32.2K 855.7K 16.06%
130 2010 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 284.9K 133.9K 192.0K 22.0K 794.0K 16.86%
131 2010 Glenn C. Lockwood Executive Vice President and Chief Financial Officer 284.9K 133.9K 192.0K 22.0K 794.0K 16.86%
132 2010 Stephen D. Westhoven Senior Vice President, NJRES 245.2K 162.5K 264.2K 19.5K 789.5K 33.46%
133 2010 Stephen D. Westhoven Senior Vice President, NJRES 245.2K 162.5K 101.7K 19.5K 627.0K 16.21%
134 2010 Mariellen Dugan Senior Vice President and General Counsel 256.6K 123.2K 175.0K 21.6K 614.5K 20.04%
135 2009 Laurence M. Downes Chairman, Chief Executive Officer and President 690.6K 257.5K 700.0K 51.4K 2.35M 10.95%
136 2009 Joseph P. Shields Executive Vice President and Chief Operating Officer, NJRES 324.5K 227.5K 16.1K 500.0K 22.5K 1.39M 17.53%
137 2009 Glenn C. Lockwood Executive Vice President and Chief Financial Officer 260.0K 116.5K 156.5K 19.2K 712.5K 16.35%
138 2009 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 260.0K 116.5K 156.5K 19.2K 712.5K 16.35%
139 2009 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 262.7K 168.6K 165.0K 22.7K 667.8K 25.24%
140 2009 Mariellen Dugan Senior Vice President and General Counsel 239.6K 116.5K 146.0K 18.4K 551.2K 21.13%
141 2008 Laurence M. Downes Chairman, CEO and President 669.2K 300.0K 608.1K 675.0K 46.6K 2.39M 25.49%
142 2008 Laurence M. Downes Chairman, Chief Executive Officer and President 669.2K 300.0K 635.0K 675.0K 46.6K 2.35M 27.05%
143 2008 Joseph P. Shields Executive Vice President and Chief Operating Officer, NJRES 311.5K 465.7K 24.1K 800.0K 22.1K 1.65M 29.61%
144 2008 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 238.8K 317.5K 151.5K 22.8K 744.3K 42.66%
145 2008 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 249.2K 269.9K 126.0K 17.7K 662.8K 40.72%
146 2008 Mariellen Dugan Senior Vice President and General Counsel 230.0K 261.9K 116.5K 18.5K 631.7K 41.46%
147 2007 Laurence M. Downes Chairman, CEO and President 650.0K 280.2K 650.0K 42.2K 1.86M 15.05%
148 2007 Laurence M. Downes Chairman, Chief Executive Officer and President 650.0K 280.2K 76.0K 650.0K 42.2K 1.86M 19.13%
149 2007 Laurence M. Downes Chairman, CEO and President 650.0K 280.2K 650.0K 42.2K 1.86M 15.05%
150 2007 Joseph P. Shields Senior Vice President, Energy Services, New Jersey Natural Gas Company 293.1K 111.0K 400.0K 19.0K 935.7K 11.86%
151 2007 Joseph P. Shields Executive Vice President and Chief Operating Officer, NJRES 293.1K 111.0K 30.0K 400.0K 19.0K 935.7K 15.06%
152 2007 Kathleen T. Ellis Senior Vice President, Corporate Affairs 207.8K 35.0K 65.2K 125.0K 21.3K 505.9K 12.89%
153 2007 Kathleen T. Ellis Executive Vice President and Chief Operating Officer, NJNG 207.8K 35.0K 65.2K 34.5K 125.0K 21.3K 505.9K 19.70%
154 2007 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 237.2K 63.4K 17.9K 120.0K 17.1K 483.1K 16.82%
155 2007 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 237.2K 63.4K 120.0K 17.1K 483.1K 13.12%
156 2007 Mariellen Dugan Vice President and General Counsel 216.5K 7.5K 72.2K 110.0K 14.9K 455.6K 15.85%
157 2007 Mariellen Dugan Senior Vice President and General Counsel 216.5K 7.5K 72.2K 12.5K 110.0K 14.9K 455.6K 18.59%
158 2006 Laurence M. Downes Chairman, CEO and President 629.2K 400.0K 6.6K 1.04M 0.00%
159 2006 Joseph P. Shields Senior Vice President, Energy Services, New Jersey Natural Gas Company 250.9K 350.0K 7.5K 608.5K 0.00%
160 2006 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 227.1K 80.0K 15.7K 6.4K 329.2K 4.78%
161 2006 Kathleen T. Ellis Senior Vice President, Corporate Affairs 181.9K 100.0K 22.0K 3.8K 307.7K 7.15%
162 2006 Mariellen Dugan Vice President and General Counsel 162.1K 68.0K 230.1K 0.00%
163 2005 Laurence M. Downes Chairman, CEO and President 552.6K 6.4K 559.0K 0.00%
164 2005 Joseph P. Shields Senior Vice President, Energy Services, New Jersey Natural Gas Company 222.5K 275.0K 6.4K 503.9K 0.00%
165 2005 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 223.0K 24.0K 6.2K 253.3K 0.00%
166 2005 Kathleen T. Ellis Senior Vice President, Corporate Affairs 146.7K 40.0K 186.7K 0.00%
167 2005 Oleta J. Harden
168 2005 Glenn C. Lockwood
169 2005 Timothy C. Hearne
170 2005 Joseph P. Shields
171 2005 Laurence M. Downes
172 2004 Laurence M. Downes Chairman, CEO and President 542.0K 360.0K 4.0K 906.0K 0.00%
173 2004 Joseph P. Shields Senior Vice President, Energy Services, New Jersey Natural Gas Company 219.1K 205.0K 6.6K 430.6K 0.00%
174 2004 Glenn C. Lockwood Senior Vice President and Chief Financial Officer 225.7K 76.0K 6.5K 308.1K 0.00%
CEO compensation breakdown

Proxy statements

Proxy statements (DEF 14A)
Filing date Form type Filing
2025-12-10 DEFA14A
2025-12-10 DEF 14A
2024-12-11 DEFA14A
2024-12-11 DEF 14A

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-05 10-Q
2026-05-04 8-K
2026-04-30 SC 13G
2026-04-29 SC 13G
2026-03-27 SC 13G/A
2026-03-20 4
2026-03-17 4
2026-02-13 3
2026-02-03 10-Q
2026-02-02 8-K

Executive team

NameTitleCompensationGender
Stephen D. Westhoven President, Chief Executive Officer & Director 2M male
Patrick J. Migliaccio Senior Vice President & Chief Operating Officer of New Jersey Natural Gas 929.5K male
Roberto F. Bel Senior Vice President, Chief Financial Officer & Principal Financial Officer 843.5K male
Amy Cradic Senior Vice President and Chief Operating Officer of Non-Utility Businesses, Strategy & External Affairs 829.6K female
Richard Reich Senior Vice President & General Counsel 753.2K male
Lori DelGiudice Senior Vice President of Human Resources 577.0K female
Stephen Skrocki Chief Risk Officer male
David Johnson Vice President of Corporate Business Development male
Jacqueline K. Shea Senior Vice President & Chief Information Officer female
Marissa Brooks Travaline Vice President of Customer Service, Marketing & Energy Efficiency female
Mark G. Kahrer Senior Vice President of New Jersey Natural Gas male
Adam Prior Director of Investor Relations male
ESG Rating
B+
REGULATED GAS
2013
E (Environmental)
75.2 / 66.5
Company / Sector avg.
S (Social)
72.8 / 59.7
Company / Sector avg.
G (Governance)
66.3 / 63.4
Company / Sector avg.
ESG Total
71.4 / 63.2
Company / Sector avg.
ESG Score History REGULATED GAS
Benchmark vs Sector
Political Trading Activity (25M)
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity
Transaction Date Disclosed Representative District Owner Type Amount Link
2025-06-11 2025-08-13 Lisa McClain MI09 Spouse Sale (Full) $1,001 - $15,000
2025-06-09 2025-08-13 Lisa McClain MI09 Spouse Purchase $1,001 - $15,000
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits