Daiwa Securities Group Inc. Lowers Position in NRG Energy, Inc. $NRG

Daiwa Securities Group Inc. cut its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 11.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 49,461 shares of the utilities provider’s stock after selling 6,661 shares during the quarter. Daiwa Securities Group Inc.’s holdings in NRG Energy were worth $7,876,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Core Wealth Advisors LLC purchased a new position in shares of NRG Energy during the 4th quarter valued at $28,000. Atlantic Union Bankshares Corp lifted its stake in shares of NRG Energy by 90.4% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock valued at $29,000 after buying an additional 85 shares in the last quarter. Creative Financial Designs Inc. ADV lifted its stake in shares of NRG Energy by 321.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock valued at $38,000 after buying an additional 183 shares in the last quarter. BOKF NA lifted its stake in shares of NRG Energy by 3,714.3% during the 3rd quarter. BOKF NA now owns 267 shares of the utilities provider’s stock valued at $43,000 after buying an additional 260 shares in the last quarter. Finally, Hantz Financial Services Inc. lifted its stake in shares of NRG Energy by 140.2% during the 4th quarter. Hantz Financial Services Inc. now owns 293 shares of the utilities provider’s stock valued at $47,000 after buying an additional 171 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors.

Insider Activity at NRG Energy

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

NRG Energy Stock Performance

Shares of NYSE:NRG opened at $129.26 on Monday. NRG Energy, Inc. has a 52 week low of $121.22 and a 52 week high of $189.96. The stock has a market capitalization of $27.27 billion, a P/E ratio of 152.07 and a beta of 1.25. The firm has a fifty day simple moving average of $146.52 and a two-hundred day simple moving average of $155.17. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68.

NRG Energy (NYSE:NRG) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The business had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. During the same period in the previous year, the business earned $2.68 earnings per share. The business’s quarterly 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. On average, analysts expect that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.5%. NRG Energy’s payout ratio is currently 223.53%.

Analysts Set New Price Targets

NRG has been the topic of a number of analyst reports. BNP Paribas Exane initiated coverage on shares of NRG Energy in a research note on Wednesday, March 18th. They set an “outperform” rating and a $232.00 target price on the stock. Evercore initiated coverage on shares of NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 target price on the stock. Weiss Ratings cut shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, Morgan Stanley set a $162.00 target price on shares of NRG Energy in a research note on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $199.69.

NRG Energy Company 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.