MUFG Securities EMEA plc Buys 4,154 Shares of NRG Energy, Inc. $NRG

MUFG Securities EMEA plc increased its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 112.2% during the fourth quarter, HoldingsChannel reports. The fund owned 7,856 shares of the utilities provider’s stock after acquiring an additional 4,154 shares during the quarter. MUFG Securities EMEA plc’s holdings in NRG Energy were worth $1,251,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Atlantic Union Bankshares Corp increased its holdings in NRG Energy by 90.4% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock valued at $29,000 after buying an additional 85 shares during the period. Creative Financial Designs Inc. ADV increased 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 valued at $38,000 after buying an additional 183 shares during the period. BOKF NA increased 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 valued at $43,000 after buying an additional 260 shares during the period. Hantz Financial Services Inc. increased 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 valued at $47,000 after buying an additional 171 shares during the period. Finally, Beaird Harris Wealth Management LLC increased its holdings in NRG Energy by 1,970.6% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the utilities provider’s stock valued at $57,000 after buying an additional 335 shares during the period. Institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Up 3.1%

NRG opened at $133.44 on Wednesday. The firm’s 50-day simple moving average is $147.92 and its 200-day simple moving average is $156.11. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. NRG Energy, Inc. has a twelve month low of $121.22 and a twelve month high of $189.96. The firm has a market cap of $28.15 billion, a price-to-earnings ratio of 156.99 and a beta of 1.24.

NRG Energy (NYSE:NRG) last posted its 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). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $8.43 billion. During the same period in the previous year, the company posted $2.68 EPS. The firm’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 research analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Announces Dividend

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

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were 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 approximately $8,693,291.75. This represents a 8.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Weiss Ratings lowered shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. Evercore assumed coverage on shares of NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price target on the stock. BNP Paribas Exane assumed coverage on shares of NRG Energy in a report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price target on the stock. Finally, Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a report on Wednesday, March 18th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $199.69.

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.