8,587 Shares in NRG Energy, Inc. $NRG Purchased by Total Wealth Planning & Management Inc.

Total Wealth Planning & Management Inc. purchased a new position in shares of NRG Energy, Inc. (NYSE:NRG) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 8,587 shares of the utilities provider’s stock, valued at approximately $1,367,000. NRG Energy comprises 1.0% of Total Wealth Planning & Management Inc.’s portfolio, making the stock its 18th biggest position.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NRG. Core Wealth Advisors LLC acquired a new position in NRG Energy during the fourth quarter worth about $28,000. Atlantic Union Bankshares Corp boosted its position in NRG Energy by 90.4% during the third quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 85 shares during the last quarter. Creative Financial Designs Inc. ADV boosted its position in NRG Energy by 321.1% during the fourth 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 boosted its position in NRG Energy by 3,714.3% during the third 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. boosted its position in NRG Energy by 140.2% during the fourth 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 institutional investors and hedge funds.

Insider Transactions at NRG Energy

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $156.65, for a total value of $783,250.00. Following the sale, the vice president owned 55,495 shares of the company’s stock, valued at $8,693,291.75. The trade was a 8.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.43% of the stock is currently owned by insiders.

Analyst Ratings Changes

NRG has been the topic of several recent analyst reports. Morgan Stanley set a $162.00 target price on shares of NRG Energy in a report on Thursday, May 21st. Raymond James Financial set a $210.00 target price on shares of NRG Energy in a report on Monday, April 27th. Barclays decreased their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Finally, Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 target price on the stock in a report on Wednesday, March 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

NRG Energy Stock Down 0.3%

Shares of NYSE NRG opened at $133.35 on Friday. The firm has a market cap of $28.13 billion, a price-to-earnings ratio of 156.88 and a beta of 1.24. 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, Inc. has a 52-week low of $121.22 and a 52-week high of $189.96. The business’s 50 day moving average is $146.96 and its two-hundred day moving average is $155.41.

NRG Energy (NYSE:NRG) last announced its 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). The firm had revenue of $10.26 billion during 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%. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Research analysts predict that NRG Energy, Inc. will post 8.98 EPS for the current year.

NRG Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a $0.475 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a yield of 1.4%. NRG Energy’s payout ratio is presently 223.53%.

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.