State of Wyoming Grows Stock Position in NRG Energy, Inc. $NRG

State of Wyoming boosted its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 61.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 13,592 shares of the utilities provider’s stock after buying an additional 5,194 shares during the period. State of Wyoming’s holdings in NRG Energy were worth $2,164,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of NRG. Worldquant Millennium Advisors LLC raised its holdings in NRG Energy by 492.5% during the 2nd quarter. Worldquant Millennium Advisors LLC now owns 883,781 shares of the utilities provider’s stock valued at $141,918,000 after buying an additional 734,624 shares during the period. Consolidated Press International Holdings Ltd. purchased a new stake in NRG Energy during the 3rd quarter valued at $98,360,000. Bessemer Group Inc. raised its holdings in NRG Energy by 4,470.7% during the 3rd quarter. Bessemer Group Inc. now owns 614,524 shares of the utilities provider’s stock valued at $99,521,000 after buying an additional 601,079 shares during the period. Merewether Investment Management LP purchased a new stake in NRG Energy during the 3rd quarter valued at $85,951,000. Finally, TimesSquare Capital Management LLC bought a new position in NRG Energy in the 3rd quarter valued at $76,415,000. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Insider Activity

In other news, VP Virginia Kinney sold 5,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $156.65, for a total transaction of $783,250.00. Following the transaction, 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.43% of the company’s stock.

NRG Energy Stock Performance

Shares of NRG Energy stock opened at $134.30 on Thursday. The stock’s fifty day moving average is $147.31 and its two-hundred day moving average is $155.64. The company has a market capitalization of $28.34 billion, a PE ratio of 158.00 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.

NRG Energy (NYSE:NRG) last posted 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 return on equity of 70.67% and a net margin of 0.74%.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 company posted $2.68 EPS. NRG Energy’s quarterly revenue 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. As a group, analysts expect that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Announces Dividend

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

Analysts Set New Price Targets

Several equities analysts have commented on NRG shares. Weiss Ratings downgraded NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. Zacks Research raised NRG Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Raymond James Financial set a $210.00 price objective on NRG Energy in a research report on Monday, April 27th. The Goldman Sachs Group started coverage on NRG Energy in a research report on Friday, March 6th. They issued a “buy” rating and a $197.00 price objective on the stock. Finally, Wolfe Research raised NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Wednesday, March 18th. One research 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. Based on data from MarketBeat.com, NRG Energy has an average rating of “Moderate Buy” and an average price target of $199.69.

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.