Andra AP fonden Buys 5,507 Shares of NRG Energy, Inc. $NRG

Andra AP fonden boosted its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 4.1% during the fourth quarter, Holdings Channel reports. The firm owned 140,700 shares of the utilities provider’s stock after purchasing an additional 5,507 shares during the quarter. Andra AP fonden’s holdings in NRG Energy were worth $22,405,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in NRG. Brighton Jones LLC raised its position in NRG Energy by 41.8% in the fourth quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock worth $468,000 after acquiring an additional 1,528 shares during the period. Integrated Wealth Concepts LLC bought a new position in NRG Energy in the first quarter worth approximately $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in NRG Energy by 7.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after acquiring an additional 1,381 shares during the period. Woodline Partners LP raised its position in NRG Energy by 40.7% in the first quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock worth $1,634,000 after acquiring an additional 4,949 shares during the period. Finally, Marshall Wace LLP bought a new position in NRG Energy in the second quarter worth approximately $7,937,000. 97.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on NRG. Raymond James Financial set a $210.00 price target on shares of NRG Energy in a research report on Monday, April 27th. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Barclays decreased their price target on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 31st. BNP Paribas Exane started coverage on shares of NRG Energy in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price target on the stock. Finally, The Goldman Sachs Group started coverage on shares of NRG Energy in a research note on Friday, March 6th. They issued a “buy” rating and a $197.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

Insiders Place Their Bets

In related news, VP Virginia Kinney sold 5,000 shares of the firm’s stock in a transaction on 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. This trade represents a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.43% of the company’s stock.

NRG Energy Stock Performance

Shares of NYSE NRG opened at $123.80 on Friday. The firm has a fifty day moving average price of $144.94 and a 200-day moving average price of $154.09. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market cap of $26.12 billion, a PE ratio of 145.65 and a beta of 1.24. NRG Energy, Inc. has a 1 year low of $120.11 and a 1 year high of $189.96.

NRG Energy (NYSE:NRG) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.30). The company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business’s revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the business posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts anticipate that NRG Energy, Inc. will post 8.98 earnings per share 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 paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is presently 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.