NRG Energy, Inc. $NRG Position Boosted by Swiss National Bank

Swiss National Bank boosted its position in NRG Energy, Inc. (NYSE:NRG) by 11.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 591,700 shares of the utilities provider’s stock after buying an additional 61,700 shares during the quarter. Swiss National Bank’s holdings in NRG Energy were worth $86,471,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. McIlrath & Eck LLC lifted its holdings in NRG Energy by 3.0% during the 4th quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock worth $376,000 after buying an additional 68 shares during the last quarter. Sound Income Strategies LLC increased its holdings in shares of NRG Energy by 17.9% in the 1st quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock valued at $68,000 after acquiring an additional 69 shares during the last quarter. Independence Bank of Kentucky raised its position in shares of NRG Energy by 4.1% during the 4th quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock valued at $286,000 after acquiring an additional 70 shares in the last quarter. Childress Capital Advisors LLC lifted its stake in NRG Energy by 4.0% during the fourth quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock worth $301,000 after purchasing an additional 72 shares during the last quarter. Finally, Hilton Head Capital Partners LLC lifted its stake in NRG Energy by 50.0% during the first quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock worth $32,000 after purchasing an additional 73 shares during the last quarter. Institutional investors and hedge funds own 97.72% of the company’s stock.

Analyst Upgrades and Downgrades

NRG has been the subject of several recent research reports. Wells Fargo & Company boosted their target price on shares of NRG Energy from $203.00 to $209.00 and gave the company an “overweight” rating in a research note on Thursday. Siebert Williams Shank began coverage on shares of NRG Energy in a research report on Monday, July 6th. They issued a “buy” rating and a $184.00 price target on the stock. Barclays decreased their price target on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Raymond James Financial set a $210.00 target price on shares of NRG Energy in a report on Monday, April 27th. Finally, Scotiabank raised their target price on shares of NRG Energy from $223.00 to $226.00 and gave the stock an “outperform” rating in a report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $199.93.

NRG Energy Price Performance

Shares of NYSE NRG opened at $130.74 on Tuesday. The firm’s 50-day simple moving average is $135.18 and its 200 day simple moving average is $149.37. The stock has a market cap of $27.58 billion, a P/E ratio of 153.81 and a beta of 1.21. NRG Energy, Inc. has a fifty-two week low of $120.11 and a fifty-two week high of $189.96. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68.

NRG Energy (NYSE:NRG) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The firm had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. During the same period in the previous year, the business posted $2.68 earnings per share. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts expect that NRG Energy, Inc. will post 8.89 EPS for the current year.

Insider Activity

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the transaction, the vice president owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

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.