Atlas Capital Advisors Inc. Makes New Investment in NRG Energy, Inc. $NRG

Atlas Capital Advisors Inc. bought a new position in shares of NRG Energy, Inc. (NYSE:NRG) in the fourth quarter, HoldingsChannel.com reports. The firm bought 4,892 shares of the utilities provider’s stock, valued at approximately $779,000.

A number of other hedge funds also recently bought and sold shares of NRG. Catalyst Financial Partners LLC increased its position in shares of NRG Energy by 5.0% during the third quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock worth $228,000 after purchasing an additional 67 shares in the last quarter. McIlrath & Eck LLC increased its position in shares of NRG Energy by 3.0% during the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock worth $376,000 after purchasing an additional 68 shares in the last quarter. Independence Bank of Kentucky increased its position in shares of NRG Energy by 4.1% during the fourth quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock worth $286,000 after purchasing an additional 70 shares in the last quarter. Childress Capital Advisors LLC increased its position in shares of NRG Energy by 4.0% in the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after acquiring an additional 72 shares during the period. Finally, WT Wealth Management increased its position in shares of NRG Energy by 5.4% in the 4th quarter. WT Wealth Management now owns 1,435 shares of the utilities provider’s stock valued at $229,000 after acquiring an additional 74 shares during the period. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on NRG. Raymond James Financial set a $210.00 target price on NRG Energy in a research report on Monday, April 27th. Weiss Ratings downgraded NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Evercore initiated coverage on NRG Energy in a research report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price target on the stock. BNP Paribas Exane initiated coverage on NRG Energy in a research report on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price target on the stock. Finally, Morgan Stanley set a $162.00 price target on NRG Energy in a research report on Thursday, May 21st. One 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. Based on data from MarketBeat.com, NRG Energy presently has an average rating of “Moderate Buy” and a consensus target price of $199.69.

NRG Energy Trading Up 0.1%

NRG stock opened at $125.57 on Monday. The company’s 50-day simple moving average is $144.45 and its 200-day simple moving average is $153.80. 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, Inc. has a 52-week low of $120.11 and a 52-week high of $189.96. The firm has a market cap of $26.49 billion, a P/E ratio of 147.73 and a beta of 1.25.

NRG Energy (NYSE:NRG) last posted 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 firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same period in the previous year, the company earned $2.68 earnings per share. The company’s revenue was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities analysts forecast that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Dividend Announcement

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