$122 Million Quarterly Profit and 7% to 9% Growth Target: Why NJR Stock Is a $34 Million Portfolio Bet

1 hour ago 3

Jonathan Ponciano, The Motley Fool

Sat, February 14, 2026 astatine 4:02 PM CST 4 min read

Bragg Financial Advisors, Inc reported a acquisition of 205,627 shares of New Jersey Resources (NYSE:NJR) successful its February 13, 2026, SEC filing, an estimated $9.50 cardinal commercialized based connected quarterly mean pricing.

According to an SEC filing dated February 13, 2026, Bragg Financial Advisors accrued its holding successful New Jersey Resources by 205,627 shares during the 4th quarter. The estimated worth of shares purchased was $9.50 million, calculated utilizing the mean closing terms for the quarter. The quarter-end worth of the presumption accrued by $8.39 million, reflecting some acquisition enactment and stock terms movements.

Following the buy, NJR represents 1.12% of Bragg’s reportable 13F AUM.
Top 5 money holdings aft the filing:
- NASDAQ: AAPL: $81.81 cardinal (2.66% of AUM)
- NASDAQ: MSFT: $80.23 cardinal (2.61% of AUM)
- NASDAQ: GOOGL: $73.00 cardinal (2.38% of AUM)
- NYSEMKT: VBR: $62.54 cardinal (2.04% of AUM)
- NYSE: RLI: $49.95 cardinal (1.63% of AUM)
As of February 12, 2026, shares of NJR were priced astatine $53.74, up 22.1% implicit the past twelvemonth and outperforming the S&P 500 by 9.15 percent points.

Metric

Value

Revenue (TTM)	$2.2 billion
Net income (TTM)	$326.8 million
Dividend yield	3.4%
Price (as of marketplace adjacent February 12, 2026)	$53.74

New Jersey Resources Corporation provides regulated earthy state distribution, commercialized and residential star projects, wholesale vigor management, and earthy state retention and proscription services.
The institution operates a diversified exemplary with gross from regulated inferior operations, renewable vigor investments, and unregulated vigor services.
It serves hundreds of thousands of residential and commercialized customers chiefly successful New Jersey, with further scope successful the northeastern United States.

New Jersey Resources Corporation is simply a diversified vigor services holding institution with a important beingness successful regulated state organisation and cleanable vigor ventures.

New Jersey Resources has been doing well, truthful it’s not astonishing a money would beryllium leaning in. The steadfast opened fiscal 2026 with $122.5 cardinal successful nett income and $118.2 cardinal successful nett fiscal earnings. Management raised full-year nett fiscal net per stock guidance to a scope of $3.28 to $3.43, marking the sixth consecutive twelvemonth of higher guidance. The halfway inferior business, New Jersey Natural Gas, delivered $83.8 cardinal successful quarterly earnings, up from $66.9 cardinal a twelvemonth earlier acknowledgment to a afloat 4th interaction of basal complaint increases and stronger gross margin.

Energy Services besides stepped up, with net much than doubling twelvemonth implicit twelvemonth arsenic earthy state terms volatility supported margins. Meanwhile, the institution continues investing heavily, deploying $163.6 cardinal successful superior this 4th and outlining a $4.8 cardinal to $5.2 cardinal program done 2030.

At 1.1% of assets, this presumption sits beneath mega headdress anchors similar Apple, Microsoft and Alphabet but adds a steady, regulated currency travel illustration to a growth-heavy portfolio. Shares are up 22% implicit the past twelvemonth and output astir 3.5%. For semipermanent investors, the entreaty lies successful disposable net growth, diversified segments and disciplined superior deployment. The existent trial volition beryllium sustaining the firm’s 7% to 9% net maturation target.

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