NRG Energy, Inc. $NRG Shares Sold by Tredje AP fonden

Tredje AP fonden decreased its stake in NRG Energy, Inc. (NYSE:NRGFree Report) by 22.8% during the 4th quarter, HoldingsChannel reports. The firm owned 19,149 shares of the utilities provider’s stock after selling 5,640 shares during the period. Tredje AP fonden’s holdings in NRG Energy were worth $3,049,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in NRG. Brighton Jones LLC boosted its stake in NRG Energy by 41.8% during the 4th quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock valued at $468,000 after purchasing an additional 1,528 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in NRG Energy in the first quarter worth about $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in NRG Energy by 7.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock valued at $1,934,000 after buying an additional 1,381 shares during the period. Woodline Partners LP boosted its holdings in shares of NRG Energy by 40.7% in the first quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock valued at $1,634,000 after acquiring an additional 4,949 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in NRG Energy during the second quarter worth approximately $7,937,000. 97.72% of the stock is owned by institutional investors and hedge funds.

NRG Energy Price Performance

Shares of NRG opened at $123.91 on Wednesday. The firm’s 50 day moving average price is $151.23 and its 200 day moving average price is $158.26. 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 $26.14 billion, a PE ratio of 145.77 and a beta of 1.32. 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 (NYSE:NRGGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The business had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The company’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, research analysts expect that NRG Energy, Inc. will post 8.94 EPS for the current fiscal year.

NRG Energy Announces Dividend

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

Insider Buying and Selling at NRG Energy

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was 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 $8,693,291.75. This trade represents a 8.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.43% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on NRG shares. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Wolfe Research raised NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research report on Wednesday, March 18th. Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a research note on Monday, April 27th. Barclays decreased their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Finally, Wells Fargo & Company lifted their price target on NRG Energy from $202.00 to $206.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.46.

Check Out Our Latest Research Report on NRG Energy

About NRG Energy

(Free Report)

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.

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Institutional Ownership by Quarter for NRG Energy (NYSE:NRG)

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