65,008 Shares in NRG Energy, Inc. $NRG Acquired by Nykredit A S

Nykredit A S purchased a new position in NRG Energy, Inc. (NYSE:NRG) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 65,008 shares of the utilities provider’s stock, valued at approximately $9,495,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Victory Capital Management Inc. boosted its stake in shares of NRG Energy by 178.1% during the 4th quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock worth $1,222,409,000 after acquiring an additional 4,916,653 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of NRG Energy during the second quarter worth $473,391,000. Capital World Investors purchased a new stake in shares of NRG Energy during the fourth quarter valued at $305,817,000. Boston Partners lifted its holdings in shares of NRG Energy by 124.1% during the fourth quarter. Boston Partners now owns 1,808,814 shares of the utilities provider’s stock valued at $287,469,000 after purchasing an additional 1,001,672 shares during the last quarter. Finally, Worldquant Millennium Advisors LLC boosted its position in shares of NRG Energy by 492.5% in the 2nd quarter. Worldquant Millennium Advisors LLC now owns 883,781 shares of the utilities provider’s stock valued at $141,918,000 after purchasing an additional 734,624 shares during the period. Institutional investors and hedge funds own 97.72% of the company’s stock.

Insider Buying and Selling

In related news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction that occurred 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 directly owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

NRG Energy Stock Up 5.9%

Shares of NRG Energy stock opened at $118.47 on Friday. The stock has a 50-day moving average price of $127.20 and a 200 day moving average price of $141.82. The company has a market cap of $25.00 billion, a P/E ratio of 31.34 and a beta of 1.18. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17. NRG Energy, Inc. has a 1 year low of $108.34 and a 1 year high of $189.96.

NRG Energy (NYSE:NRG) last announced its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). NRG Energy had a return on equity of 52.95% and a net margin of 2.56%.The business had revenue of $7.48 billion for the quarter, compared to analyst estimates of $7.31 billion. During the same quarter in the previous year, the business posted $1.73 earnings per share. The company’s revenue was up 11.0% compared to the same quarter last year. 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 8.6 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 1.6%. The ex-dividend date was Monday, August 3rd. NRG Energy’s dividend payout ratio (DPR) is currently 50.26%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Williams Trading set a $184.00 price objective on NRG Energy in a report on Monday, July 6th. Barclays raised their target price on shares of NRG Energy from $200.00 to $204.00 and gave the stock an “overweight” rating in a report on Tuesday, July 28th. Weiss Ratings raised shares of NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Monday, August 17th. UBS Group reduced their price target on shares of NRG Energy from $221.00 to $216.00 and set a “buy” rating for the company in a research report on Tuesday, July 28th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and issued a $214.00 price objective on shares of NRG Energy in a research note on Thursday, August 6th. One investment 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. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $198.43.

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.