Virginia Kinney Sells 20,000 Shares of NRG Energy (NYSE:NRG) Stock

NRG Energy, Inc. (NYSE:NRG) VP Virginia Kinney sold 20,000 shares of the company’s stock in a transaction that occurred on 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 transaction, the vice president directly owned 45,111 shares in the company, valued at $5,752,554.72. The trade was a 30.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NRG Energy Price Performance

Shares of NRG opened at $135.13 on Friday. The business’s fifty day moving average is $142.88 and its 200 day moving average is $152.82. NRG Energy, Inc. has a 12-month low of $120.11 and a 12-month high of $189.96. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The stock has a market cap of $28.51 billion, a P/E ratio of 158.98 and a beta of 1.24.

NRG Energy (NYSE:NRG) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share 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 analyst estimates of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The business’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Sell-side analysts anticipate that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

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

Key Stories Impacting NRG Energy

Here are the key news stories impacting NRG Energy this week:

• Positive Sentiment: NRG continues to benefit from a generally constructive analyst outlook, with brokerages maintaining a “Moderate Buy” consensus and an average price target well above recent trading levels. NRG Energy, Inc. (NYSE:NRG) Given Consensus Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: The company opened its first new power plant in more than 10 years, which may support longer-term growth expectations and signals ongoing investment in generation capacity. NRG Energy opens first new power plant in more than 10 years
• Neutral Sentiment: Recent coverage comparing NRG with other utility stocks highlights that the shares have underperformed over the past year, but also notes analysts still see upside potential. NRG Energy (NRG) Hits 52-Week Low As Analysts See Upside
• Neutral Sentiment: NRG’s recent stock move also reflects a broader rebound versus the market, with commentary noting it beat the stock market upswing in the latest session. NRG Energy (NRG) Beats Stock Market Upswing: What Investors Need to Know
• Negative Sentiment: A recent insider sale by VP Virginia Kinney of 20,000 shares may create some caution, even though the transaction was made under a pre-arranged trading plan. Virginia Kinney Sells 20,000 Shares of NRG Energy (NYSE:NRG) Stock

Analyst Upgrades and Downgrades

A number of analysts have commented on NRG shares. BNP Paribas Exane assumed coverage on NRG Energy in a report on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price objective for the company. Morgan Stanley set a $162.00 target price on NRG Energy in a research report on Thursday, May 21st. Zacks Research upgraded NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Evercore initiated coverage on NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price objective on the stock. Finally, The Goldman Sachs Group assumed coverage on shares of NRG Energy in a research note on Friday, March 6th. They issued a “buy” rating and a $197.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

Hedge Funds Weigh In On NRG Energy

Institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. grew its position in NRG Energy by 178.1% during the fourth quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock worth $1,222,409,000 after buying an additional 4,916,653 shares in the last quarter. Capital World Investors purchased a new stake in shares of NRG Energy in the 4th quarter valued at about $305,817,000. Boston Partners boosted its position in shares of NRG Energy by 124.1% during the 4th quarter. Boston Partners now owns 1,808,814 shares of the utilities provider’s stock valued at $287,469,000 after acquiring an additional 1,001,672 shares during the last quarter. Worldquant Millennium Advisors LLC grew its holdings in shares of NRG Energy by 492.5% during the second quarter. Worldquant Millennium Advisors LLC now owns 883,781 shares of the utilities provider’s stock worth $141,918,000 after purchasing an additional 734,624 shares in the last quarter. Finally, Consolidated Press International Holdings Ltd. bought a new position in shares of NRG Energy in the third quarter worth approximately $98,360,000. Hedge funds and other institutional investors own 97.72% of the company’s stock.

NRG Energy Company 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.