NRG Energy, Inc. $NRG Holdings Increased by Inspire Investing LLC

Inspire Investing LLC lifted its stake in NRG Energy, Inc. (NYSE:NRG) by 15.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,087 shares of the utilities provider’s stock after purchasing an additional 7,025 shares during the period. Inspire Investing LLC’s holdings in NRG Energy were worth $4,982,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Foster & Motley Inc. bought a new stake in NRG Energy in the second quarter valued at about $2,014,000. Tema ETFs LLC lifted its stake in NRG Energy by 1,481.8% in the second quarter. Tema ETFs LLC now owns 59,745 shares of the utilities provider’s stock valued at $8,726,000 after buying an additional 55,968 shares during the period. Oliver Luxxe Assets LLC bought a new position in NRG Energy during the second quarter worth about $6,456,000. Border to Coast Pensions Partnership Ltd boosted its holdings in NRG Energy by 60.1% during the first quarter. Border to Coast Pensions Partnership Ltd now owns 372,371 shares of the utilities provider’s stock worth $54,585,000 after buying an additional 139,748 shares during the last quarter. Finally, Oaktree Capital Management LP acquired a new position in shares of NRG Energy during the 1st quarter worth about $7,165,000. 97.72% of the stock is owned by institutional investors and hedge funds.

NRG Energy Stock Down 2.2%

NRG Energy stock opened at $92.27 on Friday. The company has a 50 day moving average of $106.81 and a 200-day moving average of $127.85. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17. NRG Energy, Inc. has a twelve month low of $90.80 and a twelve month high of $189.96. The stock has a market capitalization of $19.47 billion, a PE ratio of 24.41 and a beta of 1.17.

NRG Energy (NYSE:NRG) last issued its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). NRG Energy had a return on equity of 52.95% and a net margin of 2.56%. The company had revenue of $7.48 billion for the quarter, compared to analyst estimates of $7.31 billion. During the same quarter in the previous year, the business earned $1.73 earnings per share. The company’s revenue was up 11.0% on a year-over-year basis. 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 8.62 EPS for the current fiscal year.

NRG Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.4750 per share. This represents a $1.90 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Monday, November 2nd. NRG Energy’s dividend payout ratio is 50.26%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NRG. Zacks Research lowered NRG Energy from a “hold” rating to a “strong sell” rating in a research report on Friday, September 25th. BNP Paribas Exane set a $221.00 price target on shares of NRG Energy in a research report on Wednesday, August 19th. Morgan Stanley reduced their price objective on shares of NRG Energy from $159.00 to $144.00 and set an “equal weight” rating on the stock in a research note on Wednesday. Evercore restated an “outperform” rating and set a $195.00 price objective on shares of NRG Energy in a report on Wednesday, August 5th. Finally, HSBC started coverage on shares of NRG Energy in a report on Thursday. They set a “buy” rating and a $179.00 price objective for the company. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $183.20.

Insider Transactions at NRG Energy

In other NRG Energy news, CAO Gerald Alfred Spencer sold 1,580 shares of NRG Energy stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $120.93, for a total value of $191,069.40. Following the sale, the chief accounting officer owned 6,213 shares of the company’s stock, valued at $751,338.09. This trade represents a 20.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

About NRG Energy

NRG Energy, Inc is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity through a diverse generation portfolio that includes natural gas, coal, nuclear power, renewable energy and battery storage. NRG serves wholesale and retail energy markets, with operations and customers primarily in the United States and Canada.

Through retail brands including Reliant and Direct Energy, NRG provides electricity, natural gas and related energy products to residential, commercial and industrial customers.