Lombard Odier Asset Management Switzerland SA Boosts Holdings in NRG Energy, Inc. $NRG

Lombard Odier Asset Management Switzerland SA grew its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 36.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,513 shares of the utilities provider’s stock after acquiring an additional 5,508 shares during the quarter. Lombard Odier Asset Management Switzerland SA’s holdings in NRG Energy were worth $2,998,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Reaves W H & Co. Inc. grew its position in NRG Energy by 93.5% during the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock valued at $91,026,000 after acquiring an additional 276,157 shares during the period. Hiddenite Capital Partners LP raised its holdings in NRG Energy by 28.6% in the fourth quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider’s stock valued at $14,332,000 after buying an additional 20,000 shares during the period. BNP Paribas Financial Markets lifted its position in NRG Energy by 83.8% during the fourth quarter. BNP Paribas Financial Markets now owns 568,464 shares of the utilities provider’s stock valued at $90,522,000 after buying an additional 259,113 shares in the last quarter. TimesSquare Capital Management LLC boosted its position in NRG Energy by 10.9% during the 4th quarter. TimesSquare Capital Management LLC now owns 523,205 shares of the utilities provider’s stock worth $83,315,000 after purchasing an additional 51,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in NRG Energy by 1,799.5% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 134,520 shares of the utilities provider’s stock valued at $21,421,000 after purchasing an additional 127,438 shares during the period. 97.72% of the stock is owned by institutional investors and hedge funds.

NRG Energy Stock Performance

Shares of NRG opened at $141.11 on Monday. The firm has a market cap of $29.77 billion, a price-to-earnings ratio of 166.02 and a beta of 1.21. 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 $135.67 and its two-hundred day moving average is $148.73. NRG Energy, Inc. has a 52-week low of $120.11 and a 52-week high of $189.96.

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). The company had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the business posted $2.68 EPS. 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 fiscal year.

NRG Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be given a $0.475 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.90 annualized dividend and a dividend yield of 1.3%. NRG Energy’s payout ratio is presently 223.53%.

Insider Activity

In other 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 in the company, valued at approximately $5,752,554.72. This represents a 30.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Williams Trading set a $184.00 target price on NRG Energy in a research report on Monday, July 6th. Scotiabank upped their price target on NRG Energy from $223.00 to $226.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. Weiss Ratings raised shares of NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Siebert Williams Shank initiated coverage on shares of NRG Energy in a research report on Monday, July 6th. They set a “buy” rating and a $184.00 target price on the stock. Finally, Barclays decreased their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. One equities research 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. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $199.93.

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.