Fintel reports that on December 17, 2025, Mizuho upgraded their outlook for New Jersey Resources (NYSE:NJR) from Neutral to Outperform.
Analyst Price Forecast Suggests 22.02% Upside
As of December 6, 2025, the average one-year price target for New Jersey Resources is $56.51/share. The forecasts range from a low of $51.51 to a high of $64.05. The average price target represents an increase of 22.02% from its latest reported closing price of $46.31 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for New Jersey Resources is 2,817MM, an increase of 38.33%. The projected annual non-GAAP EPS is 3.07.
What is the Fund Sentiment?
There are 786 funds or institutions reporting positions in New Jersey Resources. This is an decrease of 2 owner(s) or 0.25% in the last quarter. Average portfolio weight of all funds dedicated to NJR is 0.13%, an increase of 8.80%. Total shares owned by institutions decreased in the last three months by 1.51% to 96,938K shares. 
The put/call ratio of NJR is 0.28, indicating a bullish outlook.
What are Other Shareholders Doing?
IJH - iShares Core S&P Mid-Cap ETF holds 3,270K shares representing 3.25% ownership of the company. In its prior filing, the firm reported owning 3,270K shares , representing a decrease of 0.01%. The firm decreased its portfolio allocation in NJR by 13.89% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 3,231K shares representing 3.21% ownership of the company. In its prior filing, the firm reported owning 3,214K shares , representing an increase of 0.53%. The firm decreased its portfolio allocation in NJR by 18.06% over the last quarter.
Wells Fargo holds 2,732K shares representing 2.71% ownership of the company. In its prior filing, the firm reported owning 2,650K shares , representing an increase of 3.01%. The firm decreased its portfolio allocation in NJR by 65.65% over the last quarter.
Geode Capital Management holds 2,619K shares representing 2.60% ownership of the company. In its prior filing, the firm reported owning 2,545K shares , representing an increase of 2.81%. The firm increased its portfolio allocation in NJR by 0.60% over the last quarter.
IWM - iShares Russell 2000 ETF holds 2,511K shares representing 2.49% ownership of the company. In its prior filing, the firm reported owning 2,679K shares , representing a decrease of 6.70%. The firm decreased its portfolio allocation in NJR by 13.55% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
