National Pension Service Purchases 4,346 Shares of NRG Energy, Inc. $NRG

National Pension Service lifted its position in shares of NRG Energy, Inc. (NYSE:NRG) by 0.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 603,646 shares of the utilities provider’s stock after acquiring an additional 4,346 shares during the quarter. National Pension Service’s holdings in NRG Energy were worth $96,125,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Reaves W H & Co. Inc. grew its holdings in NRG Energy by 122.8% during the 3rd quarter. Reaves W H & Co. Inc. now owns 295,471 shares of the utilities provider’s stock valued at $47,852,000 after buying an additional 162,874 shares in the last quarter. MidWestOne Financial Group Inc. grew its holdings in NRG Energy by 58.1% during the 3rd quarter. MidWestOne Financial Group Inc. now owns 19,992 shares of the utilities provider’s stock valued at $3,238,000 after buying an additional 7,344 shares in the last quarter. Hiddenite Capital Partners LP grew its holdings in NRG Energy by 28.6% during the 4th quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider’s stock valued at $14,332,000 after buying an additional 20,000 shares in the last quarter. Border to Coast Pensions Partnership Ltd purchased a new position in NRG Energy during the 3rd quarter valued at about $27,003,000. Finally, Korea Investment CORP boosted its position in shares of NRG Energy by 13.4% during the 3rd quarter. Korea Investment CORP now owns 277,027 shares of the utilities provider’s stock valued at $44,865,000 after acquiring an additional 32,672 shares during the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Performance

NYSE:NRG opened at $134.04 on Friday. The business has a 50 day moving average of $148.55 and a 200 day moving average of $156.41. The company has a market capitalization of $28.28 billion, a price-to-earnings ratio of 157.69 and a beta of 1.32. NRG Energy, Inc. has a 1-year low of $121.22 and a 1-year high of $189.96. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78.

NRG Energy (NYSE:NRG) last released 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). The firm had revenue of $10.26 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, sell-side analysts predict that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NRG. Evercore began coverage on NRG Energy in a research report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price target for the company. BNP Paribas Exane began coverage on NRG Energy in a research report on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price target for the company. Raymond James Financial set a $210.00 price target on NRG Energy in a research report on Monday, April 27th. Morgan Stanley set a $162.00 target price on NRG Energy in a research report on Thursday, May 21st. Finally, Weiss Ratings downgraded NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $199.69.

Insider Buying and Selling

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of NRG Energy stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $156.65, for a total value of $783,250.00. Following the transaction, the vice president directly owned 55,495 shares of the company’s stock, valued at $8,693,291.75. The trade was 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 owned by company insiders.

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.