Goldman Sachs Group Inc. Has $208.42 Million Stock Position in NRG Energy, Inc. $NRG

Goldman Sachs Group Inc. lessened its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,308,843 shares of the utilities provider’s stock after selling 38,680 shares during the quarter. Goldman Sachs Group Inc.’s holdings in NRG Energy were worth $208,420,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of NRG. Core Wealth Advisors LLC bought a new stake in NRG Energy in the fourth quarter valued at approximately $28,000. Atlantic Union Bankshares Corp raised its stake in NRG Energy by 90.4% in the third quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock valued at $29,000 after buying an additional 85 shares during the period. Creative Financial Designs Inc. ADV raised its stake in NRG Energy by 321.1% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock valued at $38,000 after buying an additional 183 shares during the period. BOKF NA raised its stake in NRG Energy by 3,714.3% in the third quarter. BOKF NA now owns 267 shares of the utilities provider’s stock valued at $43,000 after buying an additional 260 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in NRG Energy by 140.2% in the fourth quarter. Hantz Financial Services Inc. now owns 293 shares of the utilities provider’s stock valued at $47,000 after buying an additional 171 shares during the period. Institutional investors own 97.72% of the company’s stock.

Insiders Place Their Bets

In related news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction dated 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 of the company’s stock, valued at $8,693,291.75. This represents a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.43% of the stock is owned by corporate insiders.

NRG Energy Price Performance

Shares of NYSE NRG opened at $129.26 on Friday. The firm has a market cap of $27.27 billion, a P/E ratio of 152.07 and a beta of 1.24. NRG Energy, Inc. has a 1-year low of $121.22 and a 1-year high of $189.96. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. The business’s 50 day moving average is $146.52 and its 200-day moving average is $155.23.

NRG Energy (NYSE:NRG) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.30). The company had revenue of $10.26 billion during 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 period in the prior year, the firm earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities research analysts predict that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were given a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 annualized dividend and a yield of 1.5%. NRG Energy’s dividend payout ratio is currently 223.53%.

Analyst Ratings Changes

NRG has been the topic of several research analyst reports. Morgan Stanley set a $162.00 price objective on NRG Energy in a research note on Thursday, May 21st. Evercore initiated coverage on NRG Energy in a research note on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price objective on the stock. Raymond James Financial set a $210.00 price objective on NRG Energy in a research note on Monday, April 27th. Weiss Ratings lowered NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. Finally, Zacks Research upgraded NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold 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 $199.69.

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.