47,482 Shares in NRG Energy, Inc. $NRG Acquired by Opal Capital LLC

Opal Capital LLC acquired a new position in NRG Energy, Inc. (NYSE:NRG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 47,482 shares of the utilities provider’s stock, valued at approximately $7,561,000. NRG Energy comprises 1.9% of Opal Capital LLC’s portfolio, making the stock its 15th largest position.

A number of other hedge funds also recently added to or reduced their stakes in NRG. Motiv8 Investments LLC purchased a new position in NRG Energy in the 4th quarter worth approximately $27,000. Core Wealth Advisors LLC purchased a new position in NRG Energy in the 4th quarter worth approximately $28,000. Creative Financial Designs Inc. ADV raised its holdings in NRG Energy by 321.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock worth $38,000 after acquiring an additional 183 shares during the last quarter. BOKF NA raised its holdings in NRG Energy by 3,714.3% in the 3rd quarter. BOKF NA now owns 267 shares of the utilities provider’s stock worth $43,000 after acquiring an additional 260 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its holdings in NRG Energy by 140.2% in the 4th quarter. Hantz Financial Services Inc. now owns 293 shares of the utilities provider’s stock worth $47,000 after acquiring an additional 171 shares during the last quarter. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

NRG Energy Price Performance

Shares of NRG opened at $132.14 on Wednesday. The firm has a market cap of $27.88 billion, a PE ratio of 155.46 and a beta of 1.24. 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 firm has a fifty day simple moving average of $143.60 and a two-hundred day simple moving average of $153.31. NRG Energy, Inc. has a 1-year low of $120.11 and a 1-year high of $189.96.

NRG Energy (NYSE:NRG) last announced 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 company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. NRG Energy’s quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, equities analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 1.4%. NRG Energy’s payout ratio is presently 223.53%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on NRG shares. BNP Paribas Exane started 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. Weiss Ratings lowered shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 11th. Evercore initiated coverage on shares of NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 target price for the company. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, Morgan Stanley set a $162.00 target price on shares of NRG Energy in a research note on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $199.69.

NRG Energy 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.