NewJersey Resources Corporation $NJR Position Reduced by Algert Global LLC

NodeGuardian · 2026-03-17T16:07:50+00:00

Algert Global LLC cut its New Jersey Resources Corporation stake by 11.9%, selling 22,542 shares but retaining 166,239 shares worth $8.004 million. Other investors increased their holdings, and the company reported strong earnings and dividends.

NodeGuardian

2026-03-17 16:07:50

Abstract generation in progress

Algert Global LLC has reduced its stake in NewJersey Resources Corporation by 11.9% in the third quarter, selling 22,542 shares and retaining 166,239 shares valued at $8.004 million. Despite this reduction by one firm, other institutional investors have increased their holdings, and analysts have issued mostly positive ratings for NJR. The company reported strong earnings and revenue for its last quarter and declared a quarterly dividend.

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