NRG Energy, Inc. $NRG Stake Lifted by BNP Paribas Financial Markets

BNP Paribas Financial Markets raised its stake in NRG Energy, Inc. (NYSE:NRG) by 83.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 568,464 shares of the utilities provider’s stock after buying an additional 259,113 shares during the quarter. BNP Paribas Financial Markets’ holdings in NRG Energy were worth $90,522,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Impact Partnership Wealth LLC increased its stake in shares of NRG Energy by 38.6% in the fourth quarter. Impact Partnership Wealth LLC now owns 7,746 shares of the utilities provider’s stock valued at $1,233,000 after purchasing an additional 2,159 shares during the period. Eurizon Capital SGR S.p.A. bought a new position in shares of NRG Energy in the fourth quarter worth $30,443,000. Fideuram Asset Management Ireland dac bought a new position in shares of NRG Energy in the fourth quarter worth $558,000. National Pension Service increased its holdings in shares of NRG Energy by 0.7% during the fourth quarter. National Pension Service now owns 603,646 shares of the utilities provider’s stock valued at $96,125,000 after purchasing an additional 4,346 shares during the period. Finally, United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its stake in shares of NRG Energy by 1,213.0% during the fourth quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund now owns 133,921 shares of the utilities provider’s stock valued at $21,326,000 after purchasing an additional 123,721 shares in the last quarter. Institutional investors own 97.72% of the company’s stock.

Insiders Place Their Bets

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $156.65, for a total transaction of $783,250.00. Following the sale, the vice president owned 55,495 shares in the company, valued at approximately $8,693,291.75. The trade was a 8.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.43% of the company’s stock.

NRG Energy Trading Down 3.2%

NRG Energy stock opened at $129.79 on Tuesday. The firm has a market cap of $27.38 billion, a price-to-earnings ratio of 152.69 and a beta of 1.25. NRG Energy, Inc. has a 1 year low of $121.22 and a 1 year high of $189.96. The firm’s 50 day moving average price is $147.92 and its two-hundred day moving average price is $156.11. 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 announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The company had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. NRG Energy’s revenue was up 19.5% on a year-over-year basis. During the same quarter last year, the company posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts predict that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a $0.475 dividend. The ex-dividend date was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.5%. NRG Energy’s dividend payout ratio (DPR) is 223.53%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. BNP Paribas Exane initiated coverage on shares of NRG Energy in a report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price objective for the company. Barclays dropped their price target 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. Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research note on Wednesday, March 18th. Evercore began coverage on shares of NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price objective on the stock. Finally, The Goldman Sachs Group initiated coverage on NRG Energy in a report on Friday, March 6th. They set a “buy” rating and a $197.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, NRG Energy currently has an average rating of “Moderate Buy” and a consensus target price of $199.69.

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.