10,800 Shares in NRG Energy, Inc. $NRG Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in shares of NRG Energy, Inc. (NYSE:NRG) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 10,800 shares of the utilities provider’s stock, valued at approximately $1,578,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. MV Capital Management Inc. bought a new stake in shares of NRG Energy during the fourth quarter valued at about $27,000. Motiv8 Investments LLC bought a new position in NRG Energy in the 4th quarter valued at about $27,000. Core Wealth Advisors LLC acquired a new position in NRG Energy during the 4th quarter valued at about $28,000. EMC Capital Management bought a new stake in shares of NRG Energy during the 4th quarter worth about $30,000. Finally, SHP Wealth Management acquired a new stake in shares of NRG Energy in the 4th quarter worth approximately $32,000. Institutional investors own 97.72% of the company’s stock.

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of NRG Energy stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the transaction, the vice president directly owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This trade represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by company insiders.

NRG Energy Stock Performance

Shares of NYSE NRG opened at $140.49 on Thursday. The stock’s fifty day simple moving average is $138.80 and its 200 day simple moving average is $151.32. The stock has a market capitalization of $29.64 billion, a price-to-earnings ratio of 165.28 and a beta of 1.21. 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 $120.11 and a 52-week high of $189.96.

NRG Energy (NYSE:NRG) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same period in the prior year, the company earned $2.68 earnings per share. The company’s revenue for the quarter was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts forecast that NRG Energy, Inc. will post 8.89 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on NRG. Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a report on Wednesday, March 18th. BNP Paribas Exane initiated coverage on NRG Energy in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 target price for the company. The Goldman Sachs Group began coverage on NRG Energy in a research note on Friday, March 6th. They set a “buy” rating and a $197.00 price target for the company. Morgan Stanley set a $165.00 price target on NRG Energy in a research report on Wednesday, June 24th. Finally, Weiss Ratings lowered NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, NRG Energy currently has an average rating of “Moderate Buy” and a consensus price target of $199.92.

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.