Foster & Motley Inc. Acquires New Holdings in NRG Energy, Inc. $NRG

Foster & Motley Inc. purchased a new position in shares of NRG Energy, Inc. (NYSE:NRG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 13,786 shares of the utilities provider’s stock, valued at approximately $2,014,000.

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

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. UBS Group cut their price objective on NRG Energy from $221.00 to $216.00 and set a “buy” rating for the company in a report on Tuesday, July 28th. Morgan Stanley set a $165.00 price target on shares of NRG Energy in a research report on Wednesday, June 24th. Barclays upped their price target on shares of NRG Energy from $200.00 to $204.00 and gave the company an “overweight” rating in a report on Tuesday, July 28th. Williams Trading set a $184.00 price objective on shares of NRG Energy in a research report on Monday, July 6th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $214.00 target price on shares of NRG Energy in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, NRG Energy presently has an average rating of “Moderate Buy” and an average price target of $199.43.

Insider Activity at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction 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 completion of 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 ownership of the stock. The sale was disclosed in a filing with the SEC, 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.

NRG Energy Stock Performance

NRG Energy stock opened at $115.54 on Wednesday. NRG Energy, Inc. has a fifty-two week low of $112.50 and a fifty-two week high of $189.96. The firm’s 50 day simple moving average is $132.67 and its 200-day simple moving average is $145.49. The company has a debt-to-equity ratio of 5.17, a current ratio of 0.97 and a quick ratio of 0.89. The company has a market cap of $24.38 billion, a P/E ratio of 30.57 and a beta of 1.22.

NRG Energy (NYSE:NRG) last issued its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.20). NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The firm had revenue of $7.48 billion during the quarter, compared to analysts’ expectations of $7.31 billion. During the same quarter last year, the company posted $1.73 EPS. The firm’s revenue was up 11.0% 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 research analysts predict that NRG Energy, Inc. will post 8.42 EPS for the current year.

NRG Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were issued a $0.475 dividend. The ex-dividend date was Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.6%. NRG Energy’s dividend payout ratio is presently 50.26%.

NRG Energy 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.