Abacus Wealth Partners LLC Buys 142,597 Shares of ReNew Energy Global PLC $RNW

Posted by on May 17th, 2026

Abacus Wealth Partners LLC increased its stake in ReNew Energy Global PLC (NASDAQ:RNW – Free Report) by 1,107.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 155,474 shares of the company’s stock after acquiring an additional 142,597 shares during the quarter. Abacus Wealth Partners LLC’s holdings in ReNew Energy Global were worth $878,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Quantbot Technologies LP bought a new stake in shares of ReNew Energy Global in the 2nd quarter valued at $29,000. Farther Finance Advisors LLC increased its stake in shares of ReNew Energy Global by 213.9% in the 4th quarter. Farther Finance Advisors LLC now owns 5,503 shares of the company’s stock valued at $31,000 after acquiring an additional 3,750 shares in the last quarter. Quarry LP bought a new stake in shares of ReNew Energy Global in the 3rd quarter valued at $33,000. SBI Securities Co. Ltd. bought a new stake in shares of ReNew Energy Global in the 4th quarter valued at $37,000. Finally, Prime Capital Investment Advisors LLC bought a new stake in shares of ReNew Energy Global in the 4th quarter valued at $70,000. Institutional investors own 43.56% of the company’s stock.

ReNew Energy Global Price Performance

RNW opened at $5.35 on Friday. The company has a debt-to-equity ratio of 3.84, a current ratio of 0.57 and a quick ratio of 0.52. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 12.74 and a beta of 1.07. The firm’s fifty day moving average price is $5.09 and its two-hundred day moving average price is $5.83. ReNew Energy Global PLC has a 1 year low of $4.39 and a 1 year high of $8.24.

ReNew Energy Global (NASDAQ:RNW – Get Free Report) last posted its quarterly earnings data on Monday, February 16th. The company reported $0.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.12. The firm had revenue of $349.01 million for the quarter, compared to the consensus estimate of $262.33 million. ReNew Energy Global had a net margin of 6.95% and a return on equity of 10.50%. As a group, analysts anticipate that ReNew Energy Global PLC will post 0.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently weighed in on RNW. Weiss Ratings lowered shares of ReNew Energy Global from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, March 13th. Morgan Stanley set a $6.03 price target on shares of ReNew Energy Global in a research report on Monday, February 2nd. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, ReNew Energy Global presently has a consensus rating of “Reduce” and an average target price of $6.52.

Check Out Our Latest Stock Analysis on ReNew Energy Global

About ReNew Energy Global

(Free Report)

ReNew Energy Global PLC is an independent power producer specializing in the development, construction, ownership and operation of utility-scale renewable energy projects. Headquartered in Gurugram, India, the company focuses on onshore wind farms, solar photovoltaic plants and hybrid energy systems, often paired with battery energy storage to enhance grid stability and dispatch flexibility. ReNew Energy Global markets electricity under long-term power purchase agreements, serving utilities, distribution companies and corporate offtakers.

The company’s core business activities encompass site identification, project design, procurement, construction management and ongoing asset management.

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Institutional Ownership by Quarter for ReNew Energy Global (NASDAQ:RNW)

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