27,614 Shares in NRG Energy, Inc. $NRG Purchased by Maven Securities LTD

Maven Securities LTD purchased a new stake in NRG Energy, Inc. (NYSE:NRG) during the second quarter, according to its most recent disclosure with the SEC. The firm purchased 27,614 shares of the utilities provider’s stock, valued at approximately $4,033,000.

Other large investors also recently bought and sold shares of the company. California State Teachers Retirement System lifted its position in shares of NRG Energy by 14,662.9% in the second quarter. California State Teachers Retirement System now owns 34,582,918 shares of the utilities provider’s stock valued at $5,051,181,000 after acquiring an additional 34,348,662 shares in the last quarter. State Street Corp increased its position in shares of NRG Energy by 2.2% during the fourth quarter. State Street Corp now owns 10,868,408 shares of the utilities provider’s stock worth $1,730,685,000 after purchasing an additional 234,666 shares in the last quarter. Victory Capital Management Inc. raised its stake in NRG Energy by 178.1% in the 4th quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock valued at $1,222,409,000 after purchasing an additional 4,916,653 shares during the last quarter. Geode Capital Management LLC lifted its holdings in 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 in the last quarter. Finally, Invesco Ltd. lifted its holdings in 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 in the last quarter. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

NRG Energy Stock Up 0.6%

Shares of NRG opened at $119.72 on Wednesday. NRG Energy, Inc. has a 52-week low of $108.34 and a 52-week high of $189.96. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17. The stock has a fifty day simple moving average of $126.08 and a two-hundred day simple moving average of $140.85. The company has a market capitalization of $25.26 billion, a PE ratio of 31.67 and a beta of 1.18.

NRG Energy (NYSE:NRG) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.20). NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The firm had revenue of $7.48 billion for the quarter, compared to analyst estimates of $7.31 billion. During the same period in the previous year, the firm posted $1.73 EPS. 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, equities analysts forecast that NRG Energy, Inc. will post 8.6 EPS for the current year.

NRG Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were paid a $0.475 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.90 annualized dividend and a dividend yield of 1.6%. NRG Energy’s dividend payout ratio is 50.26%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. BNP Paribas Exane set a $221.00 target price on shares of NRG Energy in a report on Wednesday, August 19th. Williams Trading set a $184.00 price target on shares of NRG Energy in a research note on Monday, July 6th. Wells Fargo & Company boosted their price target on shares of NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a research report on Thursday, July 16th. Evercore reaffirmed an “outperform” rating and set a $195.00 price objective on shares of NRG Energy in a research note on Wednesday, August 5th. Finally, Scotiabank decreased their target price on shares of NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating on the stock in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NRG Energy has a consensus rating of “Moderate Buy” and a consensus price target of $198.43.

Insider Activity

In other news, VP Virginia Kinney sold 20,000 shares of the firm’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 completion of the sale, the vice president owned 45,111 shares in the company, valued at $5,752,554.72. This trade represents a 30.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by corporate insiders.

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.