Capital World Investors Invests $305.82 Million in NRG Energy, Inc. $NRG

Capital World Investors bought a new position in NRG Energy, Inc. (NYSE:NRG) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 1,920,478 shares of the utilities provider’s stock, valued at approximately $305,817,000.

Several other hedge funds have also bought and sold shares of the stock. Comprehensive Financial Planning Inc. PA increased its position in NRG Energy by 32.1% in the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 1,453 shares of the utilities provider’s stock worth $231,000 after buying an additional 353 shares in the last quarter. Havemeyer Place LP purchased a new position in shares of NRG Energy during the 4th quarter valued at about $685,000. Pinebridge Investments LLC bought a new position in shares of NRG Energy during the 4th quarter valued at approximately $5,010,000. WINTON GROUP Ltd bought a new position in shares of NRG Energy during the 4th quarter valued at approximately $5,829,000. Finally, Arsenal Capital Advisors LLC purchased a new stake in NRG Energy in the 4th quarter worth approximately $264,000. Institutional investors own 97.72% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. BNP Paribas Exane assumed coverage on shares of NRG Energy in a report on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price target on the stock. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. The Goldman Sachs Group began coverage on shares of NRG Energy in a research note on Friday, March 6th. They set a “buy” rating and a $197.00 target price on the stock. Evercore began coverage on shares of NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 target price on the stock. Finally, Weiss Ratings cut shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, NRG Energy currently has an average rating of “Moderate Buy” and an average price target of $199.69.

Insiders Place Their Bets

In related news, VP Virginia Kinney sold 5,000 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $156.65, for a total transaction of $783,250.00. Following the completion of the transaction, the vice president directly owned 55,495 shares of the company’s stock, valued at approximately $8,693,291.75. This trade represents a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.43% of the company’s stock.

NRG Energy Stock Down 1.1%

NRG opened at $127.83 on Tuesday. 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 fifty-two week low of $121.22 and a fifty-two week high of $189.96. The firm’s fifty day moving average is $146.16 and its 200 day moving average is $154.90. The stock has a market cap of $26.97 billion, a price-to-earnings ratio of 150.39 and a beta of 1.25.

NRG Energy (NYSE:NRG) last released its 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 net margin of 0.74% and a return on equity of 70.67%. The firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same quarter last year, the firm posted $2.68 EPS. The firm’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. On average, sell-side analysts forecast that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is presently 223.53%.

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.