Dimensional Fund Advisors LP Raises Stake in NRG Energy, Inc. $NRG

Dimensional Fund Advisors LP boosted its stake in NRG Energy, Inc. (NYSE:NRG) by 1.0% in the 1st quarter, Holdings Channel reports. The firm owned 2,191,133 shares of the utilities provider’s stock after acquiring an additional 21,666 shares during the quarter. Dimensional Fund Advisors LP’s holdings in NRG Energy were worth $320,145,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. McIlrath & Eck LLC lifted its holdings in shares of NRG Energy by 3.0% in the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock worth $376,000 after buying an additional 68 shares in the last quarter. Sound Income Strategies LLC grew its stake in NRG Energy by 17.9% during the first quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock valued at $68,000 after acquiring an additional 69 shares in the last quarter. Independence Bank of Kentucky increased its holdings in NRG Energy by 4.1% during the 4th quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock worth $286,000 after acquiring an additional 70 shares during the period. Childress Capital Advisors LLC increased its holdings in NRG Energy by 4.0% during the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock worth $301,000 after acquiring an additional 72 shares during the period. Finally, Hilton Head Capital Partners LLC lifted its stake in NRG Energy by 50.0% in the 1st quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 73 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors.

NRG Energy Stock Up 6.2%

Shares of NYSE:NRG opened at $139.81 on Thursday. The firm has a market capitalization of $29.50 billion, a PE ratio of 164.48 and a beta of 1.21. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. NRG Energy, Inc. has a 52-week low of $120.11 and a 52-week high of $189.96. The firm has a fifty day moving average of $135.24 and a 200 day moving average of $149.04.

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). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same quarter in the previous year, the business earned $2.68 EPS. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, research analysts anticipate that NRG Energy, Inc. will post 8.89 EPS for the current fiscal year.

NRG Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be paid a $0.475 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.90 annualized dividend and a yield of 1.4%. NRG Energy’s dividend payout ratio is currently 223.53%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Scotiabank boosted their price target on shares of NRG Energy from $223.00 to $226.00 and gave the company an “outperform” rating in a research report on Wednesday, July 15th. Weiss Ratings upgraded NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Barclays dropped their price objective 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. Williams Trading set a $184.00 target price on NRG Energy in a research note on Monday, July 6th. Finally, Morgan Stanley set a $165.00 price target on NRG Energy in a report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $199.93.

Insider Buying and Selling

In related news, VP Virginia Kinney sold 20,000 shares of the stock in a transaction 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 transaction, the vice president owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their position. The transaction 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. 0.43% of the stock is owned by insiders.

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.