Clough Capital Partners L P Buys Shares of 13,752 NRG Energy, Inc. $NRG

Clough Capital Partners L P purchased a new position in shares of NRG Energy, Inc. (NYSE:NRG) in the 1st quarter, HoldingsChannel reports. The firm purchased 13,752 shares of the utilities provider’s stock, valued at approximately $2,010,000.

A number of other institutional investors also recently modified their holdings of NRG. MV Capital Management Inc. acquired a new stake in shares of NRG Energy during the fourth quarter worth $27,000. Motiv8 Investments LLC acquired a new position in NRG Energy in the fourth quarter valued at $27,000. Core Wealth Advisors LLC bought a new stake in NRG Energy during the fourth quarter valued at $28,000. EMC Capital Management bought a new stake in NRG Energy during the fourth quarter valued at $30,000. Finally, SHP Wealth Management bought a new position in shares of NRG Energy in the 4th quarter worth about $32,000. 97.72% of the stock is owned by institutional investors.

Insider Buying and Selling at NRG Energy

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NRG shares. Morgan Stanley set a $165.00 price objective on NRG Energy in a research note on Wednesday, June 24th. Siebert Williams Shank started coverage on NRG Energy in a research note on Monday, July 6th. They set a “buy” rating and a $184.00 target price for the company. Wells Fargo & Company lifted their target price on NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Weiss Ratings raised NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Finally, Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a research report on Monday, April 27th. One 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’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $199.93.

NRG Energy Trading Up 0.1%

Shares of NRG Energy stock opened at $141.11 on Monday. The stock has a market capitalization of $29.77 billion, a PE ratio of 166.02 and a beta of 1.21. NRG Energy, Inc. has a 52 week low of $120.11 and a 52 week high of $189.96. The stock has a 50 day moving average price of $135.67 and a two-hundred day moving average price of $148.73. 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:NRG) last issued its earnings results 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). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. During the same period in the previous year, the company earned $2.68 earnings per share. NRG Energy’s revenue for the quarter was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities analysts anticipate that NRG Energy, Inc. will post 8.89 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 3rd. 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.