Union Bancaire Privee UBP SA Has $15.94 Million Holdings in NRG Energy, Inc. $NRG

Union Bancaire Privee UBP SA lifted its position in shares of NRG Energy, Inc. (NYSE:NRG) by 116.2% in the 1st quarter, Holdings Channel reports. The institutional investor owned 118,691 shares of the utilities provider’s stock after purchasing an additional 63,793 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in NRG Energy were worth $15,940,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Catalyst Financial Partners LLC increased its holdings in shares of NRG Energy by 5.0% during the 3rd quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock worth $228,000 after acquiring an additional 67 shares during the last quarter. McIlrath & Eck LLC raised its position in NRG Energy by 3.0% during the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after purchasing an additional 68 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in shares of NRG Energy by 4.1% in the fourth quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock worth $286,000 after acquiring an additional 70 shares during the last quarter. Childress Capital Advisors LLC lifted its stake in shares of NRG Energy by 4.0% in the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after acquiring an additional 72 shares during the last quarter. Finally, Hilton Head Capital Partners LLC raised its holdings in NRG Energy by 50.0% in the 1st quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock valued at $32,000 after buying an additional 73 shares during the last quarter. 97.72% of the stock is currently owned by institutional investors.

NRG Energy Stock Up 2.1%

NRG Energy stock opened at $150.21 on Friday. The company has a market capitalization of $31.69 billion, a PE ratio of 176.72 and a beta of 1.24. NRG Energy, Inc. has a 12-month low of $120.11 and a 12-month high of $189.96. The firm’s fifty day moving average is $139.97 and its 200 day moving average is $151.90. 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 (NYSE:NRG) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 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 company had revenue of $10.26 billion during the quarter, compared to analyst estimates of $8.43 billion. During the same quarter in the previous year, the business posted $2.68 earnings per share. The company’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. As a group, sell-side analysts predict that NRG Energy, Inc. will post 8.89 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 paid a $0.475 dividend. The ex-dividend date was Friday, May 1st. This represents a $1.90 annualized dividend and a dividend yield of 1.3%. NRG Energy’s dividend payout ratio (DPR) is currently 223.53%.

Insider Buying and Selling

In related news, VP Virginia Kinney sold 20,000 shares of the company’s stock in a transaction that occurred 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 transaction, the vice president directly owned 45,111 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Barclays decreased their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research report on Tuesday, March 31st. Weiss Ratings lowered shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Morgan Stanley set a $165.00 price target on shares of NRG Energy in a research report on Wednesday. Raymond James Financial set a $210.00 price objective on NRG Energy in a research report on Monday, April 27th. 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 note on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.