Polianta Ltd Takes Position in NRG Energy, Inc. $NRG

Polianta Ltd bought a new position in shares of NRG Energy, Inc. (NYSE:NRG) in the first quarter, Holdings Channel reports. The fund bought 11,000 shares of the utilities provider’s stock, valued at approximately $1,607,000. NRG Energy makes up approximately 0.2% of Polianta Ltd’s investment portfolio, making the stock its 25th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the business. BI Asset Management Fondsmaeglerselskab A S boosted its holdings in shares of NRG Energy by 20.1% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 12,855 shares of the utilities provider’s stock worth $1,879,000 after buying an additional 2,154 shares during the period. Rockefeller Capital Management L.P. raised its holdings in shares of NRG Energy by 3.7% during the fourth quarter. Rockefeller Capital Management L.P. now owns 139,626 shares of the utilities provider’s stock valued at $22,234,000 after acquiring an additional 4,988 shares during the period. World Investment Advisors lifted its position in shares of NRG Energy by 9.3% in the 4th quarter. World Investment Advisors now owns 4,142 shares of the utilities provider’s stock valued at $660,000 after acquiring an additional 351 shares in the last quarter. Corient Private Wealth LLC lifted its position in shares of NRG Energy by 9.7% in the 4th quarter. Corient Private Wealth LLC now owns 62,276 shares of the utilities provider’s stock valued at $9,917,000 after acquiring an additional 5,504 shares in the last quarter. Finally, EMC Capital Management acquired a new position in NRG Energy in the 4th quarter worth approximately $30,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

Wall Street Analysts Forecast Growth

NRG has been the topic of a number of research analyst reports. Raymond James Financial set a $210.00 price target on NRG Energy in a report on Monday, April 27th. Barclays reduced 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. Weiss Ratings lowered NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 11th. Wolfe Research raised NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research note on Wednesday, March 18th. Finally, BNP Paribas Exane initiated coverage on NRG Energy in a report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $199.69.

NRG Energy Stock Performance

Shares of NRG opened at $135.13 on Friday. The company has a market capitalization of $28.51 billion, a PE ratio of 158.98 and a beta of 1.24. NRG Energy, Inc. has a one year low of $120.11 and a one year 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 company’s fifty day moving average price is $142.38 and its 200 day moving average price is $152.69.

NRG Energy (NYSE:NRG) last released its earnings results 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). The business 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 quarterly revenue was up 19.5% compared to the same quarter last year. During the same period last year, the business earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, analysts expect that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Announces Dividend

The firm also recently declared 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 yield of 1.4%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s payout ratio is 223.53%.

Insider Activity

In related news, VP Virginia Kinney sold 20,000 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the sale, the vice president owned 45,111 shares of the company’s stock, 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 SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

NRG Energy 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.