NRG Energy, Inc. $NRG Stock Holdings Lowered by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC cut its position in NRG Energy, Inc. (NYSE:NRG) by 91.0% during the 1st quarter, HoldingsChannel reports. The firm owned 720 shares of the utilities provider’s stock after selling 7,263 shares during the quarter. Elevated Capital Advisors LLC’s holdings in NRG Energy were worth $105,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Motiv8 Investments LLC acquired a new stake in shares of NRG Energy in the fourth quarter valued at approximately $27,000. MV Capital Management Inc. acquired a new position in shares of NRG Energy during the fourth quarter worth approximately $27,000. Core Wealth Advisors LLC acquired a new position in shares of NRG Energy during the fourth quarter worth approximately $28,000. EMC Capital Management bought a new position in NRG Energy in the 4th quarter worth approximately $30,000. Finally, SHP Wealth Management acquired a new stake in NRG Energy in the 4th quarter valued at approximately $32,000. 97.72% of the stock is owned by institutional investors and hedge funds.

NRG Energy Stock Up 0.1%

Shares of NRG Energy stock opened at $140.60 on Friday. NRG Energy, Inc. has a 12-month low of $120.11 and a 12-month high of $189.96. The firm has a market capitalization of $29.66 billion, a PE ratio of 165.41 and a beta of 1.21. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The stock’s fifty day moving average is $136.64 and its 200-day moving average is $150.46.

NRG Energy (NYSE:NRG) last released its quarterly earnings results 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). The company had revenue of $10.26 billion during the quarter, compared to analyst estimates of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The company’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts anticipate that NRG Energy, Inc. will post 8.89 earnings per share for the current year.

NRG Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is presently 223.53%.

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the sale, the vice president owned 45,111 shares in the company, valued at $5,752,554.72. The trade was a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have weighed in on the company. Siebert Williams Shank began coverage on NRG Energy in a research note on Monday, July 6th. They set a “buy” rating and a $184.00 target price on the stock. Williams Trading set a $184.00 price target on NRG Energy in a report on Monday. Barclays reduced their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Weiss Ratings lowered shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Finally, Raymond James Financial set a $210.00 target price on shares of NRG Energy in a research note on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, NRG Energy has an average rating of “Moderate Buy” and an average target price of $197.80.

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.