Harvest Fund Management Co. Ltd Has $2.53 Million Holdings in NRG Energy, Inc. $NRG

Harvest Fund Management Co. Ltd boosted its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 87.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,893 shares of the utilities provider’s stock after purchasing an additional 7,407 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in NRG Energy were worth $2,531,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Catalyst Financial Partners LLC raised its stake in NRG Energy by 5.0% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock valued at $228,000 after purchasing an additional 67 shares during the last quarter. McIlrath & Eck LLC raised its stake in shares of NRG Energy by 3.0% in the 4th quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after buying an additional 68 shares in the last quarter. Independence Bank of Kentucky raised its stake in shares of NRG Energy by 4.1% in the 4th quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock valued at $286,000 after buying an additional 70 shares in the last quarter. Childress Capital Advisors LLC increased its stake in NRG Energy by 4.0% in the fourth quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after acquiring an additional 72 shares during the period. Finally, WT Wealth Management increased its stake in NRG Energy by 5.4% in the fourth quarter. WT Wealth Management now owns 1,435 shares of the utilities provider’s stock valued at $229,000 after acquiring an additional 74 shares during the period. 97.72% of the stock is currently owned by institutional investors and hedge funds.

NRG Energy Stock Down 3.1%

NRG opened at $129.26 on Friday. The firm’s 50-day simple moving average is $146.52 and its 200-day simple moving average is $155.23. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. NRG Energy, Inc. has a twelve month low of $121.22 and a twelve month high of $189.96. The firm has a market cap of $27.27 billion, a price-to-earnings ratio of 152.07 and a beta of 1.24.

NRG Energy (NYSE:NRG) last posted its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $8.43 billion. During the same period in the previous year, the company posted $2.68 EPS. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities research analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a $0.475 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 annualized dividend and a dividend yield of 1.5%. NRG Energy’s dividend payout ratio is presently 223.53%.

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the sale, the vice president owned 55,495 shares of the company’s stock, valued at approximately $8,693,291.75. This represents a 8.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NRG. Evercore began coverage on shares of NRG Energy in a research note on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 target price on the stock. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Raymond James Financial set a $210.00 target price on shares of NRG Energy in a research note on Monday, April 27th. Wolfe Research raised shares of 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, The Goldman Sachs Group began coverage on shares of NRG Energy in a research note on Friday, March 6th. They issued a “buy” rating and a $197.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, NRG Energy presently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

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.