In the fourth quarter, Bragg Financial Advisors purchased 205,627 shares of New Jersey Resources (NJR) with an estimated transaction value of $9.50 million. The fund’s post-trade stake in NJR now stands at 744,279 shares valued at $34.33 million, representing 1.12% of AUM. NJR shares were priced at $53.74 on February 12, up 22.1% in the past year. New Jersey Resources Corporation operates in regulated natural gas distribution and clean energy ventures, serving customers primarily in New Jersey. The company reported strong financial performance and raised full-year earnings guidance. Considerations for investors include visible earnings growth and a diversified business model.

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