8,587 Shares in NRG Energy, Inc. $NRG Acquired by Total Wealth Planning & Management Inc.

Total Wealth Planning & Management Inc. acquired a new stake in NRG Energy, Inc. (NYSE:NRG) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,587 shares of the utilities provider’s stock, valued at approximately $1,367,000. NRG Energy comprises about 1.0% of Total Wealth Planning & Management Inc.’s investment portfolio, making the stock its 18th largest holding.

A number of other large investors also recently modified their holdings of NRG. Core Wealth Advisors LLC purchased a new stake in shares of NRG Energy in the 4th quarter valued at approximately $28,000. Atlantic Union Bankshares Corp increased its position in shares of NRG Energy by 90.4% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 85 shares during the last quarter. Creative Financial Designs Inc. ADV increased its position in shares of NRG Energy by 321.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock valued at $38,000 after purchasing an additional 183 shares during the last quarter. BOKF NA increased its position in shares of NRG Energy by 3,714.3% in the 3rd quarter. BOKF NA now owns 267 shares of the utilities provider’s stock valued at $43,000 after purchasing an additional 260 shares during the last quarter. Finally, Hantz Financial Services Inc. increased its position in shares of NRG Energy by 140.2% in the 4th quarter. Hantz Financial Services Inc. now owns 293 shares of the utilities provider’s stock valued at $47,000 after purchasing an additional 171 shares during the last quarter. 97.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

NRG has been the topic of a number of recent analyst reports. BNP Paribas Exane initiated coverage on shares of NRG Energy in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price objective on the stock. Morgan Stanley set a $162.00 price objective on shares of NRG Energy in a research report on Thursday, May 21st. Evercore started coverage on shares of NRG Energy in a research report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 target price on the stock. Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a research report on Wednesday, March 18th. Finally, Barclays dropped their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 31st. One research 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.com, the company has an average rating of “Moderate Buy” and an average target price of $199.69.

NRG Energy Trading Down 0.3%

NYSE NRG opened at $133.35 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. The firm’s fifty day moving average price is $146.96 and its 200 day moving average price is $155.41. The company has a market capitalization of $28.13 billion, a price-to-earnings ratio of 156.88 and a beta of 1.24. NRG Energy, Inc. has a 12 month low of $121.22 and a 12 month high of $189.96.

NRG Energy (NYSE:NRG) last issued its quarterly 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). 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 firm’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, sell-side analysts expect 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 paid a dividend of $0.475 per share. The ex-dividend date was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a yield of 1.4%. NRG Energy’s dividend payout ratio is currently 223.53%.

Insiders Place Their Bets

In related news, VP Virginia Kinney sold 5,000 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $156.65, for a total transaction of $783,250.00. Following the completion of the sale, the vice president owned 55,495 shares in the company, valued at $8,693,291.75. This represents a 8.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.43% of the stock is currently owned by corporate insiders.

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.