Tema ETFs LLC Purchases 55,968 Shares of NRG Energy, Inc. $NRG

Tema ETFs LLC grew its position in NRG Energy, Inc. (NYSE:NRG) by 1,481.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,745 shares of the utilities provider’s stock after purchasing an additional 55,968 shares during the period. Tema ETFs LLC’s holdings in NRG Energy were worth $8,726,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In related news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the sale, the vice president directly owned 45,111 shares in the company, valued at $5,752,554.72. The trade was a 30.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

NRG Energy Price Performance

Shares of NRG opened at $120.09 on Wednesday. The company’s 50-day moving average is $133.67 and its 200-day moving average is $146.59. The company has a debt-to-equity ratio of 5.17, a current ratio of 0.97 and a quick ratio of 0.89. The firm has a market capitalization of $25.34 billion, a PE ratio of 31.77 and a beta of 1.22. NRG Energy, Inc. has a fifty-two week low of $112.50 and a fifty-two week high of $189.96.

NRG Energy (NYSE:NRG) last announced its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). The company had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.31 billion. NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The firm’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter last year, the company posted $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts forecast that NRG Energy, Inc. will post 8.42 EPS for the current year.

NRG Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a dividend of $0.475 per share. The ex-dividend date is Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.6%. NRG Energy’s dividend payout ratio (DPR) is 50.26%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on NRG shares. Siebert Williams Shank initiated coverage on shares of NRG Energy in a research note on Monday, July 6th. They issued a “buy” rating and a $184.00 price target on the stock. Williams Trading set a $184.00 price objective on shares of NRG Energy in a research note on Monday, July 6th. UBS Group lowered their target price on NRG Energy from $221.00 to $216.00 and set a “buy” rating on the stock in a research report on Tuesday, July 28th. Morgan Stanley set a $165.00 price target on NRG Energy in a research report on Wednesday, June 24th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $214.00 price objective on shares of NRG Energy in a research note on Thursday, August 6th. 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 data from MarketBeat.com, NRG Energy currently has an average rating of “Moderate Buy” and a consensus target price of $199.43.

NRG Energy 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.