Corient Private Wealth LLC Acquires 5,504 Shares of NRG Energy, Inc. $NRG

Corient Private Wealth LLC lifted its holdings in NRG Energy, Inc. (NYSE:NRG) by 9.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,276 shares of the utilities provider’s stock after purchasing an additional 5,504 shares during the quarter. Corient Private Wealth LLC’s holdings in NRG Energy were worth $9,917,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in NRG. Victory Capital Management Inc. lifted its position in NRG Energy by 178.1% during the 4th quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock worth $1,222,409,000 after buying an additional 4,916,653 shares in the last quarter. Capital World Investors acquired a new stake in shares of NRG Energy in the fourth quarter valued at about $305,817,000. Boston Partners boosted its position in NRG Energy by 124.1% during the fourth quarter. Boston Partners now owns 1,808,814 shares of the utilities provider’s stock valued at $287,469,000 after purchasing an additional 1,001,672 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its position in NRG Energy by 492.5% during the second quarter. Worldquant Millennium Advisors LLC now owns 883,781 shares of the utilities provider’s stock valued at $141,918,000 after purchasing an additional 734,624 shares during the last quarter. Finally, Consolidated Press International Holdings Ltd. bought a new stake in shares of NRG Energy during the 3rd quarter worth approximately $98,360,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

NRG Energy Stock Up 3.0%

Shares of NRG opened at $141.78 on Thursday. NRG Energy, Inc. has a 12 month low of $120.11 and a 12 month high of $189.96. The firm’s 50 day moving average is $140.83 and its 200-day moving average is $152.03. The stock has a market capitalization of $29.91 billion, a PE ratio of 166.79 and a beta of 1.24. 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 (NYSE:NRG) last issued its quarterly 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). The company had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The company’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities research analysts forecast that NRG Energy, Inc. will post 8.98 EPS for the current year.

NRG Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s dividend payout ratio is 223.53%.

Insider Activity

In related news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $127.52, for a total value of $2,550,400.00. Following the transaction, the vice president owned 45,111 shares in the company, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on NRG. Raymond James Financial set a $210.00 price target on NRG Energy in a research report on Monday, April 27th. The Goldman Sachs Group started coverage on NRG Energy in a research report on Friday, March 6th. They issued a “buy” rating and a $197.00 price objective for the company. Evercore assumed coverage on NRG Energy in a report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 target price on the stock. Wolfe Research upgraded NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a research note on Wednesday, March 18th. Finally, BNP Paribas Exane assumed coverage on NRG Energy in a report on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price target for the company. One equities research 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $199.92.

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.