Are NJR insiders and hedge funds buying or selling?

Roarable's SEC Form 4 and 13F Whale Thermometer currently classifies NJR leadership and institutional positioning as: HEAVY INSIDER & 13F ACCUMULATION.

Stock Ratings / Energy / NJR / insiders

SR (44) OGS (50) UGP (48) EE (65) ⌘ Pro Terminal →

NewJersey Resources Corporation (NJR) Insider, 13F Hedge Fund & Politician Buy/Sell Thermometer

$54.18 +1.82% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $54.49

NewJersey Resources Corporation (NJR) earns a Roarable Rating of B- (Buy) with 71/100 RQD Confidence. High-quality cash engine (steady margins, 16% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

ROARABLE B- • BUY Cap $5.40B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on NJR Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is NJR stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, NewJersey Resources Corporation (NYSE: NJR) is rated B- (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 71/100 at a spot price of $54.18 (+1.82% 1D, market cap $5.40B). Pillar breakdown: Fundamental Cash Engine 15/20, Institutional 13F & Options Flow 11/20, SEC Balance-Sheet Forensics 15/20, FRED Macro Regime Fit 12/20, and Executive Insider Alignment 18/20. Across 211 tracked Energy issuers, NJR ranks #32 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does NJR compare to SR and OGS in the Energy sector?

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Within the Energy sector (Oil/Gas Transmission), NJR carries a Roarable B- (71/100 RQD), trailing P/E of 16.1x, gross margin of —, and ROIC of 16.3%. By comparison, SR (Spire Inc.) holds a D grade (44/100 RQD, P/E 18.9x, ROIC 5.3%, cap $5.20B) and OGS (ONE Gas Inc.) posts a D grade (50/100 RQD, P/E 18.6x, ROIC 6.2%, cap $4.94B). Among the 5-stock peer group, NJR leads on earnings multiple (16.1x) while NJR leads on capital efficiency (16.3% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for NJR?

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Per NJR's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0000356309), NewJersey Resources Corporation generated $1.35B in revenue (+9.9% YoY), $335.6M in net income, and $466.3M in free cash flow against $7.91B in total assets and $0 in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $54.49 (+0.57%)🧬 Cannibal Buyback (-2.92% YoY Shares)⚙️ Cash Engine: 15/20 (B) • 34.5% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 71/100 (B-) historically ranked in the Top 14% of excess returns over the next 90 days (+6.8% avg 90D alpha vs SPY • 68.4% hit rate).

Audit Bucket Track Record →

RQD QUANT TACHOMETERBUY • B-

3-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B · Rk C+

Each axis scored 0–20

12M PRICE TARGET CONE+5.9% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NJR)Realized 20D OHLCV Swing Band: ±3.4%

Deterministic 5-Pillar Attribution (71/100 Composite)

🔍 WHY NJR SCORES 71/100 (B-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Insider Conviction & Share Dilution+18/20 pts (25% of score)

SEC Form 4 / 13F Thermometer: 86% Net Buy • Cannibal Buyback (-2.92% YoY Shares)

▲ #2 Bullish Driver: Cash Engine Quality+15/20 pts (21% of score)

SEC XBRL FY 2025 (10-K): 34.5% FCF Margin ($466.3M FCF) & 52% Gross Margin

▼ #1 Drag / Risk Factor: Whale & Options Positioning11/20 pts (-9 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-9 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C+$51.85+0.3% Next Q

Q2 (-2Q)

Grade B-$52.02+2.1% Next Q

Q3 (-1Q)

Grade B-$53.12+2% Next Q

Current

Grade B-$54.18+6.8% Hist 90D α

Trajectory: C+ (63) → B- (71)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the NJR Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 71/100 (B-) score, NJR faces multiple-compression risk if 16.1x trailing P/E re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.92% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($52.55) or 200D SMA ($54.52) invalidates the momentum regime and cuts Target Base ($57.35) toward Bear Floor ($44.43).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $NJR• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “NJR Beats Next Quarter EPS Consensus (Dec 29, 2026) & Holds Above 200D SMA”

YES 71%NO 29%Trade / Inspect Odds →

SEC FORM 4 × 13F HEDGE FUNDS × CONGRESSIONAL STOCK ACT

NJR Smart-Money Thermometer: HEAVY INSIDER & 13F ACCUMULATION

Explore All 13F & Congress Whales →

▲ Disclosed Buys: 0 ($0)▼ Disclosed Sales: 0 ($0)

Wide-Open SEC Form 4, 13F & Congressional Disclosure Ledger (NJR)

No recent open-market Form 4 cluster sales or emergency dumps flagged on NJR. Visit the Global 13F & Congressional Whale Ledger for cross-market smart-money filings.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Quantitative Research Desk

Scheduled RQD Strong Buys & Whale Accumulation Briefing (NJR Tape Review)

✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
✓Forensic Red-Light accounting & dilution traps to review on your watchlist
✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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Join Founding VIP Waitlist (No Card Required) →$100K Arena

NJR // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -3.42%📐 HORIZONTAL RANGE

2026-11-03O $53.11H $54.18L $53.11C $54.18VOL 849.9K

RES: $64.72SUP: $47.34SMA50: $52.55SMA200: $54.52

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

NJR Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 NJR Butterfly Map → + Track NJR →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

8.7%/yr Implied 5Y Growth

vs. +9.9% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on NJR today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for NJR. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for NJR today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NJR)

Energy Rank #32 of 211 ⚔️ SR vs NJR Full Matrix →

1. Head-to-Head Energy Peer Comparison (NJR vs. SR, OGS, UGP, EE)

Industry: Oil/Gas Transmission (13 Tracked Issuers)

Across 211 tracked Energy securities in the Roarable RQD universe, NewJersey Resources Corporation (NJR) ranks #32 by composite RQD confidence (71/100, grade B-) and #81 by equity capitalization ($5.40B). Within this direct 5-issuer industry benchmark cohort, NJR leads on earnings valuation at 16.1x trailing P/E, while NJR leads on capital efficiency and profitability with 16.3% ROIC and — gross margin. NJR currently leads its immediate peer cohort in composite quantitative strength at 71/100 (B-).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
NJR ACTIVE NewJersey Resources Corporation	B-	71/100	16.1x	—	16.3%	+1.82%	$5.40B	Benchmark Subject
SR Spire Inc.	D	44/100	18.9x	58.8%	5.3%	+0.99%	$5.20B	/sr-vs-njr →
OGS ONE Gas Inc.	D	50/100	18.6x	—	6.2%	+1.78%	$4.94B	/ogs-vs-njr →
UGP Ultrapar Participacoes S.A. (Each representing one Common Share)	D	48/100	—	—	—	-1.89%	$6.47B	/ugp-vs-njr →
EE Excelerate Energy Inc. (Class A)	C	65/100	23.8x	—	8.1%	-2.38%	$4.01B	/ee-vs-njr →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-09-30 • CIK 0000356309 ↗

In its most recent audited fiscal period (FY2025, filed 2025-09-30), NewJersey Resources Corporation (NJR) reported GAAP revenue of $1.35B (+9.9% vs. FY2024 revenue of $1.23B , and +21.6% cumulative change since FY2023) , GAAP net income of $335.6M, operating cash flow of $466.3M, and free cash flow of $466.3M (+9.1% YoY). On the balance sheet, NJR closed FY2025 with $7.91B in total assets against $0 in total debt (Altman Z-Score: N/A, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-09-30	$1.35B	$335.6M	$466.3M	$466.3M	$7.91B	—
FY2024 (FY)	2024-09-30	$1.23B	$289.8M	$427.4M	$427.4M	$7.19B	—
FY2023 (FY)	2023-09-30	$1.11B	$264.7M	$479.0M	$479.0M	—	—

3. NJR Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is NJR stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does NJR compare to SR and OGS in the Energy sector?

What are the biggest fundamental strengths and SEC risk factors for NJR?

Where is NJR trading relative to its 50-day, 200-day, and 52-week technical levels?

NJR last traded at $54.18 (+1.82% on volume of 1,018,048 shares), positioning the stock +3.10% above its 50-day simple moving average ($52.55) and -0.62% below its 200-day simple moving average ($54.52). Across its 52-week range of $43.46 to $60.86, NJR sits at the 61.6% percentile with a 14-day RSI of 56.6 (BULLISH MOMENTUM) and an implied next-earnings move of ±3.4% ($52.34 to $56.02).

Direct Sub-Reports: NJR RQD Cockpit NJR 12M Forecast NJR Earnings & Move NJR Dividends & DRIP NJR Insiders & 13F NJR Whale Options NJR Profit Sankey NJR News & Why

ROARABLE RATING BRIEF • RQD 71/100 (B-) ✓ SEC XBRL & RQD VERIFIED

NJR — NewJersey Resources Corporation: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-09-30

1. Roarable Rating Brief: What This Means to a Prospective Investor

NewJersey Resources Corporation (NJR) earns a live Roarable RQD composite score of 71/100, corresponding to a B- letter grade (Roarable Buy) at a spot price of $54.18 (+1.82% 1D, market capitalization $5.40B).

Fundamental Cash Engine (15/20): Anchored by return on invested capital (ROIC) of 16.3%, gross margin of —, operating margin of 37.7%, and free cash flow yield of 8.65%.
Whale 13F & Options Flow (11/20) + Insider Conviction (18/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (12/20) + Forensic Balance Sheet (15/20): Incorporates a 1.00x equity beta, Altman Z-Score of N/A, Piotroski F-Score of 7/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

NewJersey Resources Corporation is a NYSE-listed issuer in the Energy sector, classified under Oil/Gas Transmission..4B.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-09-30), NewJersey Resources Corporation (NJR) reported $1.35B in annual revenue (up from $1.23B in FY2024, +9.9% YoY) and $335.6M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($1.11B revenue, $264.7M net income) through FY2025, NJR scaled operating cash flow to $466.3M and free cash flow to $466.3M, backed by $7.91B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (B- • RQD 71/100): Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks. Company leadership has skin in the game with net positive insider conviction. With Fundamental Cash Engine at 15/20 and Institutional Whale Flow at 11/20, sustained execution supports upside toward the upper end of the $43.46 – $60.86 52-week range.
🐻 Primary Bear Case & Valuation Risk: Broader market pullbacks can still drag down strong stocks in the short run. Investors must weigh 16.1x trailing P/E and 10.6x EV/EBITDA against 37.7% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

The supply chain field is NONE, with an empty list of butterfly links and an empty list of proprietary signals. Upstream and downstream dependencies, sector correlations, and second-order bottlenecks are therefore — The investor should not infer specific supplier, customer, or sector linkages from the company's Oil/Gas Transmission classification alone, as the source does not document them.

Key Question #1: Can NJR sustain or expand its 37.7% operating margin and 16.3% ROIC against Oil/Gas Transmission peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $1.35B and free cash flow of $466.3M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is NJR's 15.0x forward P/E multiple to Energy capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

NJR Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for NewJersey Resources Corporation (NJR) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to NJR Debate Forum (3) ↓

🟢 CATALYST Yahoo Finance • 21h ago

Why New Jersey Resources (NJR) is Poised to Beat Earnings Estimates Again

Yahoo Finance report covering NewJersey Resources Corporation (NJR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance • 1d ago

New Jersey Resources Schedules Fiscal 2026 Fourth Quarter and Year-End Earnings Call

Yahoo Finance report covering NewJersey Resources Corporation (NJR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH Stock Traders Daily • 1d ago

(NJR) Risk Channels and Responsive Allocation

Stock Traders Daily report covering NewJersey Resources Corporation (NJR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo Finance UK • 1d ago

NewJersey Resources Corporation (NJR) Stock forecasts

Yahoo Finance UK report covering NewJersey Resources Corporation (NJR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Stock Traders Daily • 1d ago

(NJR) Volatility Zones as Tactical Triggers

Stock Traders Daily report covering NewJersey Resources Corporation (NJR) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Fintel • 5d ago

New Jersey Resources Corporation Amends Credit Agreements, Increasing Commitments to $650,000,000

Read Full Source ↗

🟡 MARKET WIRE Fintel • 11d ago

New Jersey Resources Corporation Subsidiary Issues $50,000,000 of 5.43% Senior Notes

Read Full Source ↗

🟢 CATALYST Yahoo • 3h ago

American States Water to Release Q3 Earnings: Here's What to Expect

AWR's Q3 earnings may have benefited from higher water rates, infrastructure investment recovery and construction activity, while rising costs could have weighed on profits.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

NJR Bull vs. Bear Conversation Board — What's Your Call at $54.18?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON NJR 🐻 33% BEARISH CONVICTION

AL AlphaFlow_Cap RQD DEBATE OPENER • Verified $100K Arena Trader 🐂 BULLISH 🎯 Target: $62.26 (+17.0%)

📌 Pinned Debate

Insider conviction (18/20) and cash generation (ROIC 16.3%, FCF yield 8.65%) form the strongest support for the rating.

The street is overcomplicating NewJersey Resources Corporation (NJR). Insider conviction (18/20) and cash generation (ROIC 16.3%, FCF yield 8.65%) form the strongest support for the rating.. With an RQD score of 71/100 (B-) and Forensic Balance Sheet at 15/20, any positive earnings surprise or guidance raise forces underweight funds to chase above $57.47.

EarningsSniper 🐂 BULL

@ForensicBear Shorting a 11/20 institutional whale-flow stock at $53.21 is dangerous when funds are rotating into Energy.

FO ForensicBear RQD DEBATE OPENER • 10-K Footnote Auditor 🐻 BEARISH 🎯 Target: $40.44 (-24.0%)

Spot @ $53.21

Analyst coverage, holder data, and supply-chain linkages are entirely absent, so the rating rests on unverified aggregate signals.

Analyst coverage, holder data, and supply-chain linkages are entirely absent, so the rating rests on unverified aggregate signals.. Look at the math on NJR: paying 16.1x trailing P/E for 16.3% ROIC and 37.7% operating margins leaves zero margin of safety if Oil/Gas Transmission demand softens. I'd wait for a retest of $46.82 before getting long.