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StocksUpdated•Originally published 8 May 2026•Updated 9 May 2026•

1 min read

Mitsubishi UFJ Asset Management Increases Stakes in Major US Equities

Key Facts

1Mitsubishi UFJ Asset Management increased its stake in Public Service Enterprise Group by 6.4%, bringing its total ownership value to $84.51 million.

2The Japanese firm raised investments in various companies including VICI, RSG, PAYX, HUM, FANG, IR, and ODFL during the fourth quarter.

3Paychex announced a $1.00 billion stock buyback plan alongside the increase in Mitsubishi's stake.

Mitsubishi UFJ Asset Management Co. Ltd. increased its stakes in major US equities, notably raising its position in Public Service Enterprise Group (PEG) by 6.4%. Joining this institutional trend, Principal Financial Group expanded its stake in PEG by 3.0% to 636,660 shares. This accumulation follows PEG's strong financial performance, reporting an EPS of $1.55, which beat the $1.44 consensus estimate, on revenues of $3.85 billion. Additionally, the company declared a quarterly dividend of $0.67 per share, representing a 3.5% annual yield. Mitsubishi's expansion also targeted healthcare and energy sectors through firms like HUM and FANG. These strategic moves, coupled with share buyback plans from companies like Paychex, signal robust institutional confidence in corporate earnings and capital allocation strategies.

26 days ago

Version History

1 additional source confirmed this story

Version 126 days ago

What changed: Added PEG's quarterly earnings data (EPS and revenue), dividend details, and the inclusion of Principal Financial Group as a new institutional buyer.