Hanseatic Management Services Inc. Takes Position in NRG Energy, Inc. $NRG

Hanseatic Management Services Inc. bought a new position in NRG Energy, Inc. (NYSE:NRG) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 4,831 shares of the utilities provider’s stock, valued at approximately $706,000.

A number of other hedge funds have also made changes to their positions in NRG. Victory Capital Management Inc. grew its stake in NRG Energy by 178.1% during the fourth 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 during the last quarter. Capital World Investors bought a new position in shares of NRG Energy in the fourth quarter valued at approximately $305,817,000. Boston Partners raised its stake in shares of NRG Energy by 124.1% in the fourth quarter. Boston Partners now owns 1,808,814 shares of the utilities provider’s stock valued at $287,469,000 after acquiring an additional 1,001,672 shares during the last quarter. Worldquant Millennium Advisors LLC boosted its holdings in shares of NRG Energy by 492.5% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 883,781 shares of the utilities provider’s stock worth $141,918,000 after acquiring an additional 734,624 shares in the last quarter. Finally, Merewether Investment Management LP bought a new stake in NRG Energy during the 3rd quarter worth approximately $85,951,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

NRG Energy Stock Performance

NRG stock opened at $129.12 on Friday. The company has a 50 day moving average price of $135.32 and a 200 day moving average price of $149.66. NRG Energy, Inc. has a fifty-two week low of $120.11 and a fifty-two week high of $189.96. 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 capitalization of $27.24 billion, a PE ratio of 151.91 and a beta of 1.21.

NRG Energy (NYSE:NRG) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The firm 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 firm’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter 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. Analysts forecast that NRG Energy, Inc. will post 8.89 EPS for the current year.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is presently 223.53%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. Scotiabank reaffirmed an “outperform” rating and set a $226.00 price target on shares of NRG Energy in a report on Wednesday. Siebert Williams Shank initiated coverage on NRG Energy in a research note on Monday, July 6th. They issued a “buy” rating and a $184.00 price objective on the stock. Raymond James Financial set a $210.00 target price on NRG Energy in a report on Monday, April 27th. Barclays lowered their target price on NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Finally, Weiss Ratings upgraded shares of NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.93.

Insider Buying and Selling

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the completion of the sale, the vice president directly owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. The trade was a 30.72% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 insiders.

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.