NRG Energy, Inc. $NRG Shares Sold by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund lowered its holdings in NRG Energy, Inc. (NYSE:NRG) by 18.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 160,660 shares of the utilities provider’s stock after selling 36,615 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in NRG Energy were worth $23,479,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. MV Capital Management Inc. acquired a new stake in NRG Energy during the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC acquired a new position in NRG Energy in the fourth quarter worth approximately $27,000. Core Wealth Advisors LLC bought a new position in shares of NRG Energy in the fourth quarter valued at $28,000. EMC Capital Management bought a new position in shares of NRG Energy in the fourth quarter valued at $30,000. Finally, SHP Wealth Management acquired a new stake in shares of NRG Energy during the 4th quarter valued at $32,000. 97.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on NRG shares. Morgan Stanley set a $165.00 target price on NRG Energy in a report on Wednesday, June 24th. Williams Trading set a $184.00 target price on NRG Energy in a report on Monday, July 6th. Barclays decreased their price target on NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Weiss Ratings upgraded NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 17th. Finally, Siebert Williams Shank assumed 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 research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $199.93.

NRG Energy Stock Performance

Shares of NRG Energy stock opened at $141.11 on Monday. The stock has a market cap of $29.77 billion, a PE ratio of 166.02 and a beta of 1.21. The business has a fifty day simple moving average of $135.67 and a 200-day simple moving average of $148.73. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. NRG Energy, Inc. has a 12 month low of $120.11 and a 12 month high of $189.96.

NRG Energy (NYSE:NRG) last issued 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 business had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, sell-side analysts anticipate that NRG Energy, Inc. will post 8.89 EPS for the current fiscal year.

NRG Energy Dividend Announcement

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

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the stock in a transaction that occurred on 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 completion of the sale, the vice president directly owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 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 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.