13,003 Shares in NRG Energy, Inc. $NRG Purchased by Sculptor Capital LP

Sculptor Capital LP acquired a new stake in NRG Energy, Inc. (NYSE:NRG – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 13,003 shares of the utilities provider’s stock, valued at approximately $1,900,000.

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

Get NRG Energy alerts:

NRG Energy Stock Performance

Shares of NRG stock opened at $141.11 on Monday. The firm has a 50 day moving average of $135.67 and a two-hundred day moving average of $148.73. The stock has a market capitalization of $29.77 billion, a PE ratio of 166.02 and a beta of 1.21. 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 52 week low of $120.11 and a 52 week high of $189.96.

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

NRG Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 3rd. NRG Energy’s payout ratio is presently 223.53%.

Insiders Place Their Bets

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $127.52, for a total value of $2,550,400.00. Following the sale, the vice president owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This trade represents a 30.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently commented on NRG shares. Raymond James Financial set a $210.00 price target on NRG Energy in a research report on Monday, April 27th. Barclays cut their price objective on NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Siebert Williams Shank began coverage on NRG Energy in a report on Monday, July 6th. They set a “buy” rating and a $184.00 target price for the company. Williams Trading set a $184.00 target price on NRG Energy in a research report on Monday, July 6th. Finally, Morgan Stanley set a $165.00 price target on shares of NRG Energy in a research note on Wednesday, June 24th. One equities research 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 company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $199.93.

Check Out Our Latest Research Report on NRG Energy

NRG Energy Company Profile

(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.

Read More

• Five stocks we like better than NRG Energy
• RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
• These 4 Earnings Reports Expose the Market’s Growing Economic Divide
• Broadcom May Be the Biggest Winner From Alphabet’s Earnings
• Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit

Want to see what other hedge funds are holding NRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NRG Energy, Inc. (NYSE:NRG – Free Report).

Receive News & Ratings for NRG Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NRG Energy and related companies with MarketBeat.com's FREE daily email newsletter.