Electron Capital Partners LLC Makes New $59.45 Million Investment in NRG Energy, Inc. $NRG

Electron Capital Partners LLC acquired a new stake in shares of NRG Energy, Inc. (NYSE:NRG) in the first quarter, HoldingsChannel.com reports. The fund acquired 406,835 shares of the utilities provider’s stock, valued at approximately $59,455,000. NRG Energy comprises 2.3% of Electron Capital Partners LLC’s investment portfolio, making the stock its 13th biggest position.

Other institutional investors also recently bought and sold shares of the company. Reaves W H & Co. Inc. lifted its holdings in NRG Energy by 93.5% during the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock valued at $91,026,000 after purchasing an additional 276,157 shares in the last quarter. Hiddenite Capital Partners LP raised its position in shares of 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 purchasing an additional 20,000 shares during the period. BNP Paribas Financial Markets lifted its stake in shares of NRG Energy by 83.8% during the 4th quarter. BNP Paribas Financial Markets now owns 568,464 shares of the utilities provider’s stock valued at $90,522,000 after buying an additional 259,113 shares in the last quarter. TimesSquare Capital Management LLC boosted its holdings in NRG Energy by 10.9% in the 4th quarter. TimesSquare Capital Management LLC now owns 523,205 shares of the utilities provider’s stock worth $83,315,000 after buying an additional 51,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in NRG Energy by 1,799.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 134,520 shares of the utilities provider’s stock worth $21,421,000 after buying an additional 127,438 shares during the period. 97.72% of the stock is owned by institutional investors.

Insider Buying and Selling at NRG Energy

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

NRG Energy Stock Down 3.3%

Shares of NRG opened at $136.36 on Tuesday. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market capitalization of $28.77 billion, a price-to-earnings ratio of 160.42 and a beta of 1.21. NRG Energy, Inc. has a 1 year low of $120.11 and a 1 year high of $189.96. The business’s 50 day simple moving average is $135.89 and its 200-day simple moving average is $148.57.

NRG Energy (NYSE:NRG) last announced its quarterly earnings results 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 business 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 company’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities analysts expect that NRG Energy, Inc. will post 8.89 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be issued a $0.475 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.4%. NRG Energy’s payout ratio is 223.53%.

Analyst Ratings Changes

NRG has been the topic of several research analyst reports. Barclays lowered their price objective on NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 31st. Weiss Ratings raised NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Williams Trading set a $184.00 price target on NRG Energy in a research note on Monday, July 6th. Wells Fargo & Company lifted their price objective on shares of NRG Energy from $203.00 to $209.00 and gave the company an “overweight” rating in a research report on Thursday, July 16th. Finally, Raymond James Financial set a $210.00 target price on shares of NRG Energy in a report on Monday, April 27th. One equities research 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.com, NRG Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $199.93.

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.