Brandywine Global Investment Management LLC Has $42.72 Million Position in NRG Energy, Inc. $NRG

Brandywine Global Investment Management LLC reduced its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 27.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 268,251 shares of the utilities provider’s stock after selling 100,733 shares during the quarter. Brandywine Global Investment Management LLC’s holdings in NRG Energy were worth $42,716,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Catalyst Financial Partners LLC lifted its holdings in shares of NRG Energy by 5.0% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock valued at $228,000 after purchasing an additional 67 shares in the last quarter. McIlrath & Eck LLC lifted its holdings in shares of NRG Energy by 3.0% during the 4th quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after purchasing an additional 68 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in shares of NRG Energy by 4.1% during the 4th quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock valued at $286,000 after purchasing an additional 70 shares in the last quarter. Childress Capital Advisors LLC lifted its holdings in shares of NRG Energy by 4.0% during the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after purchasing an additional 72 shares in the last quarter. Finally, WT Wealth Management lifted its holdings in shares of NRG Energy by 5.4% during the 4th quarter. WT Wealth Management now owns 1,435 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 74 shares in the last quarter. 97.72% of the stock is currently owned by institutional investors and hedge funds.

NRG Energy Trading Up 0.0%

Shares of NRG Energy stock opened at $129.26 on Monday. NRG Energy, Inc. has a 12-month low of $121.22 and a 12-month high of $189.96. The stock has a market cap of $27.27 billion, a P/E ratio of 152.07 and a beta of 1.25. 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 business’s 50 day moving average is $146.52 and its 200-day moving average is $155.17.

NRG Energy (NYSE:NRG) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) 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 the consensus estimate of $8.43 billion. During the same quarter in the prior year, the company 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. Equities research analysts predict that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

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

Insider Activity

In related news, VP Virginia Kinney sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $156.65, for a total transaction of $783,250.00. Following the transaction, the vice president directly owned 55,495 shares of the company’s stock, valued at approximately $8,693,291.75. The trade was a 8.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.43% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NRG has been the topic of several recent analyst reports. Barclays cut their price objective on NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. BNP Paribas Exane started coverage on NRG Energy in a research note on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 target price on the stock. Zacks Research upgraded NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. The Goldman Sachs Group started coverage on NRG Energy in a research note on Friday, March 6th. They issued a “buy” rating and a $197.00 target price on the stock. Finally, Weiss Ratings cut NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NRG Energy currently has an average rating of “Moderate Buy” and a consensus target price of $199.69.

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.