NRG Energy, Inc. $NRG Stock Acquired by Inspire Investing LLC

Inspire Investing LLC increased its holdings in NRG Energy, Inc. (NYSE:NRG) by 15.6% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,087 shares of the utilities provider’s stock after purchasing an additional 7,025 shares during the period. Inspire Investing LLC’s holdings in NRG Energy were worth $4,982,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Foster & Motley Inc. bought a new stake in NRG Energy in the second quarter valued at $2,014,000. Tema ETFs LLC raised its stake in NRG Energy by 1,481.8% during the second quarter. Tema ETFs LLC now owns 59,745 shares of the utilities provider’s stock worth $8,726,000 after acquiring an additional 55,968 shares in the last quarter. Oliver Luxxe Assets LLC acquired a new position in NRG Energy during the second quarter worth $6,456,000. Border to Coast Pensions Partnership Ltd lifted its holdings in shares of NRG Energy by 60.1% during the first quarter. Border to Coast Pensions Partnership Ltd now owns 372,371 shares of the utilities provider’s stock valued at $54,585,000 after acquiring an additional 139,748 shares during the period. Finally, Oaktree Capital Management LP bought a new position in shares of NRG Energy during the first quarter valued at $7,165,000. Institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Down 2.2%

NYSE:NRG opened at $92.27 on Friday. The stock’s fifty day moving average price is $106.81 and its two-hundred day moving average price is $127.85. NRG Energy, Inc. has a 52-week low of $90.80 and a 52-week high of $189.96. The company has a debt-to-equity ratio of 5.17, a quick ratio of 0.89 and a current ratio of 0.97. The company has a market cap of $19.47 billion, a price-to-earnings ratio of 24.41 and a beta of 1.17.

NRG Energy (NYSE:NRG) last announced its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). The firm had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $7.31 billion. NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.73 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts anticipate that NRG Energy, Inc. will post 8.62 EPS for the current year.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Shareholders of record on Monday, November 2nd will be issued a dividend of $0.4750 per share. This represents a $1.90 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Monday, November 2nd. NRG Energy’s payout ratio is currently 50.26%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on NRG shares. BMO Capital Markets restated a “market perform” rating and issued a $214.00 target price on shares of NRG Energy in a research note on Thursday, August 6th. Raymond James Financial set a $152.00 target price on shares of NRG Energy in a research report on Wednesday. Canadian Imperial Bank of Commerce began coverage on shares of NRG Energy in a report on Friday, October 16th. They set an “outperform” rating for the company. BNP Paribas Exane set a $221.00 price target on shares of NRG Energy in a report on Wednesday, August 19th. Finally, Zacks Research lowered shares of NRG Energy from a “hold” rating to a “strong sell” rating in a research report on Friday, September 25th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $183.20.

Insider Transactions at NRG Energy

In other NRG Energy news, CAO Gerald Alfred Spencer sold 1,580 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $120.93, for a total transaction of $191,069.40. Following the transaction, the chief accounting officer directly owned 6,213 shares in the company, valued at approximately $751,338.09. This represents a 20.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

About NRG Energy

NRG Energy, Inc is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity through a diverse generation portfolio that includes natural gas, coal, nuclear power, renewable energy and battery storage. NRG serves wholesale and retail energy markets, with operations and customers primarily in the United States and Canada.

Through retail brands including Reliant and Direct Energy, NRG provides electricity, natural gas and related energy products to residential, commercial and industrial customers.