Opal Capital LLC Takes $7.56 Million Position in NRG Energy, Inc. $NRG

Opal Capital LLC acquired a new stake in shares of NRG Energy, Inc. (NYSE:NRG) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 47,482 shares of the utilities provider’s stock, valued at approximately $7,561,000. NRG Energy accounts for about 1.9% of Opal Capital LLC’s portfolio, making the stock its 15th largest holding.

Other hedge funds have also recently modified their holdings of the company. Motiv8 Investments LLC bought a new stake in shares of NRG Energy during the 4th quarter valued at $27,000. Core Wealth Advisors LLC bought a new stake in shares of NRG Energy during the 4th quarter valued at $28,000. Creative Financial Designs Inc. ADV grew its position in shares of NRG Energy by 321.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 183 shares during the period. BOKF NA boosted its holdings in NRG Energy by 3,714.3% in the 3rd quarter. BOKF NA now owns 267 shares of the utilities provider’s stock worth $43,000 after buying an additional 260 shares during the period. Finally, Hantz Financial Services Inc. boosted its holdings in NRG Energy by 140.2% in the 4th quarter. Hantz Financial Services Inc. now owns 293 shares of the utilities provider’s stock worth $47,000 after buying an additional 171 shares during the period. Institutional investors own 97.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on NRG shares. Morgan Stanley set a $162.00 target price on shares of NRG Energy in a report on Thursday, May 21st. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Weiss Ratings downgraded shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Evercore started coverage on shares of NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 target price for the company. Finally, The Goldman Sachs Group began coverage on shares of NRG Energy in a report on Friday, March 6th. They issued a “buy” rating and a $197.00 target price for the company. One 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’s stock. According to data from MarketBeat, NRG Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $199.69.

NRG Energy Stock Up 1.3%

Shares of NYSE NRG opened at $132.14 on Wednesday. The firm’s 50-day moving average price is $143.60 and its 200-day moving average price is $153.31. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. The stock has a market capitalization of $27.88 billion, a price-to-earnings ratio of 155.46 and a beta of 1.24. NRG Energy, Inc. has a 12-month low of $120.11 and a 12-month high of $189.96.

NRG Energy (NYSE:NRG) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm’s quarterly revenue was up 19.5% compared to the same quarter last year. 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. On average, equities research analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.4%. NRG Energy’s dividend payout ratio (DPR) is 223.53%.

About NRG Energy

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.