AXQ Capital LP Grows Stock Holdings in NRG Energy, Inc. $NRG

AXQ Capital LP boosted its holdings in NRG Energy, Inc. (NYSE:NRG) by 215.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,115 shares of the utilities provider’s stock after buying an additional 6,911 shares during the period. AXQ Capital LP’s holdings in NRG Energy were worth $1,611,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. BW Gestao de Investimentos Ltda. grew its stake in NRG Energy by 94.9% in the 4th quarter. BW Gestao de Investimentos Ltda. now owns 155,895 shares of the utilities provider’s stock valued at $24,825,000 after buying an additional 75,895 shares in the last quarter. New Mexico Educational Retirement Board grew its stake in NRG Energy by 2.3% in the 4th quarter. New Mexico Educational Retirement Board now owns 9,012 shares of the utilities provider’s stock valued at $1,435,000 after buying an additional 200 shares in the last quarter. Reaves W H & Co. Inc. grew its stake in NRG Energy by 93.5% in the 4th quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock valued at $91,026,000 after buying an additional 276,157 shares in the last quarter. Core Wealth Advisors LLC purchased a new position in NRG Energy in the 4th quarter valued at approximately $28,000. Finally, MUFG Securities EMEA plc grew its stake in NRG Energy by 112.2% in the 4th quarter. MUFG Securities EMEA plc now owns 7,856 shares of the utilities provider’s stock valued at $1,251,000 after buying an additional 4,154 shares in the last quarter. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at NRG Energy

In related news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the completion of the transaction, the vice president directly owned 55,495 shares in the company, valued at approximately $8,693,291.75. The trade was a 8.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on NRG shares. Weiss Ratings lowered shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. Raymond James Financial set a $210.00 price target on shares of NRG Energy in a research report on Monday, April 27th. Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research report on Wednesday, March 18th. BNP Paribas Exane started coverage on shares of NRG Energy in a research report on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price target for the company. Finally, The Goldman Sachs Group started coverage on shares of NRG Energy in a research report on Friday, March 6th. They set a “buy” rating and a $197.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $199.69.

NRG Energy Stock Down 3.2%

Shares of NYSE:NRG opened at $129.79 on Tuesday. NRG Energy, Inc. has a 52-week low of $121.22 and a 52-week high of $189.96. The firm has a fifty day moving average of $147.92 and a 200 day moving average of $156.11. The firm has a market capitalization of $27.38 billion, a PE ratio of 152.69 and a beta of 1.25. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84.

NRG Energy (NYSE:NRG) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The company had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. During the same quarter last year, the firm posted $2.68 earnings per share. The firm’s revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, research analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $0.475 dividend. The ex-dividend date was Friday, May 1st. This represents a $1.90 annualized dividend and a yield of 1.5%. NRG Energy’s payout ratio is 223.53%.

NRG Energy Profile

NRG Energy (NYSE: NRG) is a U.S.-based integrated power company headquartered in Houston, Texas. The company develops, owns and operates a diversified portfolio of power generation assets and participates in wholesale and retail energy markets. NRG supplies electricity to utilities, commercial and industrial customers, and retail consumers, while also providing energy-related products and services designed to manage consumption and support reliability.

NRG’s generation mix includes conventional thermal plants as well as renewable and distributed energy resources.