NRG Energy (NYSE:NRG) VP Virginia Kinney Sells 20,000 Shares of Stock

NRG Energy, Inc. (NYSE:NRG) VP Virginia Kinney sold 20,000 shares of NRG Energy stock in a transaction on Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the sale, the vice president owned 45,111 shares in the company, valued at $5,752,554.72. This represents a 30.72% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

NRG Energy Stock Up 0.0%

NRG opened at $132.16 on Thursday. NRG Energy, Inc. has a fifty-two week low of $120.11 and a fifty-two week high of $189.96. 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 firm’s fifty day moving average price is $143.24 and its two-hundred day moving average price is $153.05. The company has a market capitalization of $27.89 billion, a P/E ratio of 155.49 and a beta of 1.24.

NRG Energy (NYSE:NRG) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share 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 business had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. During the same quarter in the prior year, the firm earned $2.68 EPS. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current year.

NRG Energy Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have weighed in on NRG shares. Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a research note on Monday, April 27th. Barclays dropped their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. The Goldman Sachs Group began coverage on shares of NRG Energy in a report on Friday, March 6th. They set a “buy” rating and a $197.00 price objective for the company. Weiss Ratings lowered shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Finally, Evercore began coverage on shares of NRG Energy in a report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price objective for the company. One investment 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 stock. According to MarketBeat, NRG Energy presently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in NRG. Brighton Jones LLC lifted its position in NRG Energy by 41.8% during the 4th quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock worth $468,000 after buying an additional 1,528 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in NRG Energy during the 1st quarter worth about $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in NRG Energy by 7.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after buying an additional 1,381 shares in the last quarter. Woodline Partners LP lifted its position in NRG Energy by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock worth $1,634,000 after buying an additional 4,949 shares in the last quarter. Finally, Marshall Wace LLP acquired a new position in NRG Energy during the 2nd quarter worth about $7,937,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

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.