NRG Energy (NYSE:NRG) CAO Gerald Alfred Spencer Sells 1,580 Shares

NRG Energy, Inc. (NYSE:NRG) CAO Gerald Alfred Spencer sold 1,580 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $120.93, for a total transaction of $191,069.40. Following the transaction, the chief accounting officer directly owned 6,213 shares of the company’s stock, valued at $751,338.09. This represents a 20.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NRG Energy Price Performance

Shares of NRG opened at $115.47 on Thursday. NRG Energy, Inc. has a twelve month low of $108.34 and a twelve month high of $189.96. The stock’s 50 day moving average is $125.58 and its two-hundred day moving average is $140.43. The firm has a market capitalization of $24.36 billion, a PE ratio of 30.55 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 (NYSE:NRG) last issued its earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). The business had revenue of $7.48 billion for the quarter, compared to analysts’ expectations of $7.31 billion. NRG Energy had a return on equity of 52.95% and a net margin of 2.56%.The business’s quarterly revenue was up 11.0% on a year-over-year basis. During the same period last year, the company posted $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Research analysts anticipate that NRG Energy, Inc. will post 8.6 earnings per share for the current year.

NRG Energy Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. BNP Paribas Exane set a $221.00 target price on shares of NRG Energy in a research report on Wednesday, August 19th. Morgan Stanley reduced their price objective on shares of NRG Energy from $165.00 to $162.00 and set an “equal weight” rating for the company in a research note on Friday, August 21st. Evercore reissued an “outperform” rating and set a $195.00 price objective on shares of NRG Energy in a report on Wednesday, August 5th. Scotiabank lowered 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 report on Wednesday, August 5th. Finally, Siebert Williams Shank started coverage on shares of NRG Energy in a report on Monday, July 6th. They issued a “buy” rating and a $184.00 target price for the company. One 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 stock. According to data from MarketBeat.com, NRG Energy currently has a consensus rating of “Moderate Buy” and an average price target of $198.43.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in NRG. MV Capital Management Inc. acquired a new stake in NRG Energy in the 4th quarter valued at about $27,000. Motiv8 Investments LLC purchased a new position in NRG Energy during the 4th quarter valued at about $27,000. Core Wealth Advisors LLC acquired a new position in NRG Energy during the fourth quarter worth about $28,000. EMC Capital Management purchased a new stake in shares of NRG Energy in the fourth quarter valued at about $30,000. Finally, SHP Wealth Management purchased a new stake in shares of NRG Energy in the fourth quarter valued at about $32,000. Hedge funds and other institutional investors own 97.72% of the company’s stock.

About NRG Energy

NRG Energy, Inc is a North American energy and home services company headquartered in Houston, Texas. The company operates through power generation and energy retail businesses, supplying electricity and related services to residential, commercial and industrial customers.

NRG owns and operates a diverse portfolio of power-generation assets, including natural gas, coal, nuclear and renewable facilities. It also sells electricity and natural gas through brands such as Reliant, Direct Energy and Green Mountain Energy, with retail operations serving customers in competitive energy markets across the United States and Canada.

In addition to its energy operations, NRG provides smart-home, security and related connected-home services through its Vivint business.