Kennedy Capital Management LLC Boosts Holdings in NRG Energy, Inc. $NRG

Kennedy Capital Management LLC grew its holdings in NRG Energy, Inc. (NYSE:NRG) by 9.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 78,956 shares of the utilities provider’s stock after purchasing an additional 6,934 shares during the quarter. Kennedy Capital Management LLC’s holdings in NRG Energy were worth $12,573,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NRG. Brighton Jones LLC boosted its stake in shares of NRG Energy by 41.8% in the fourth quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock valued at $468,000 after purchasing an additional 1,528 shares during the period. Integrated Wealth Concepts LLC purchased a new position in shares of NRG Energy in the first quarter valued at approximately $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of 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 valued at $1,934,000 after purchasing an additional 1,381 shares during the period. Woodline Partners LP boosted its stake in shares of NRG Energy by 40.7% in the first quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock valued at $1,634,000 after purchasing an additional 4,949 shares during the period. Finally, Marshall Wace LLP purchased a new position in shares of NRG Energy in the second quarter valued at approximately $7,937,000. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on NRG. BNP Paribas Exane began coverage on shares of NRG Energy in a research note on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price objective for the company. Morgan Stanley set a $162.00 price objective on shares of NRG Energy in a research note on Thursday, May 21st. The Goldman Sachs Group initiated 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. Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a report on Wednesday, March 18th. Finally, Barclays reduced their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $199.69.

NRG Energy Stock Up 0.1%

NRG stock opened at $125.57 on Monday. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. NRG Energy, Inc. has a twelve month low of $120.11 and a twelve month high of $189.96. The company’s 50 day moving average is $144.45 and its two-hundred day moving average is $153.80. The stock 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 released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share 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 company had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. During the same period in the previous year, the business posted $2.68 EPS. The firm’s revenue for the quarter 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. Research analysts expect that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

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

About NRG Energy

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.