Eurizon Capital SGR S.p.A. Makes New Investment in NRG Energy, Inc. $NRG

Eurizon Capital SGR S.p.A. bought a new stake in NRG Energy, Inc. (NYSE:NRG) during the 4th quarter, Holdings Channel reports. The fund bought 191,158 shares of the utilities provider’s stock, valued at approximately $30,443,000.

Several other hedge funds also recently modified their holdings of the business. Geode Capital Management LLC boosted its stake in shares of NRG Energy by 1.5% in the 4th quarter. Geode Capital Management LLC now owns 5,637,726 shares of the utilities provider’s stock valued at $910,324,000 after purchasing an additional 82,162 shares during the last quarter. Invesco Ltd. boosted its stake in shares of NRG Energy by 0.6% in the 3rd quarter. Invesco Ltd. now owns 4,880,954 shares of the utilities provider’s stock valued at $790,471,000 after purchasing an additional 31,238 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of NRG Energy by 42.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,368,824 shares of the utilities provider’s stock valued at $221,671,000 after purchasing an additional 409,776 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of NRG Energy by 7.6% in the 3rd quarter. Schroder Investment Management Group now owns 1,225,329 shares of the utilities provider’s stock valued at $198,442,000 after purchasing an additional 86,528 shares during the last quarter. Finally, UBS Group AG boosted its stake in shares of NRG Energy by 47.8% in the 3rd quarter. UBS Group AG now owns 958,982 shares of the utilities provider’s stock valued at $155,307,000 after purchasing an additional 309,989 shares during the last quarter. Institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Performance

Shares of NYSE:NRG opened at $134.04 on Friday. The company has a market capitalization of $28.28 billion, a price-to-earnings ratio of 157.69 and a beta of 1.32. The firm’s 50 day simple moving average is $148.55 and its 200 day simple moving average is $156.41. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. NRG Energy, Inc. has a fifty-two week low of $121.22 and a fifty-two week high of $189.96.

NRG Energy (NYSE:NRG) last announced 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 firm 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 business’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts forecast that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Announces Dividend

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

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of NRG Energy in a research note on Friday, March 6th. They issued a “buy” rating and a $197.00 target price on the stock. Barclays reduced their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Weiss Ratings lowered shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. Raymond James Financial set a $210.00 target price on shares of NRG Energy in a research note on Monday, April 27th. Finally, Morgan Stanley set a $162.00 price target on shares of NRG Energy in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

Insider Buying and Selling

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $156.65, for a total transaction of $783,250.00. Following the sale, the vice president directly owned 55,495 shares in the company, valued at approximately $8,693,291.75. This trade represents a 8.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.43% of the company’s stock.

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.