27,614 Shares in NRG Energy, Inc. $NRG Purchased by Maven Securities LTD

Maven Securities LTD acquired a new stake in NRG Energy, Inc. (NYSE:NRG) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 27,614 shares of the utilities provider’s stock, valued at approximately $4,033,000.

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

Insiders Place Their Bets

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the company’s stock in a transaction dated 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NRG. BNP Paribas Exane set a $221.00 target price on NRG Energy in a research report on Wednesday, August 19th. Siebert Williams Shank started coverage on NRG Energy in a research report on Monday, July 6th. They set a “buy” rating and a $184.00 price target for the company. Scotiabank cut their price objective on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating on the stock in a report on Wednesday, August 5th. Evercore reiterated an “outperform” rating and issued a $195.00 price objective on shares of NRG Energy in a report on Wednesday, August 5th. Finally, BMO Capital Markets restated a “market perform” rating and set a $214.00 target price on shares of NRG Energy in a report on Thursday, August 6th. One equities research 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 company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $198.43.

NRG Energy Price Performance

Shares of NRG opened at $119.72 on Wednesday. The company has a market cap of $25.26 billion, a P/E ratio of 31.67 and a beta of 1.18. NRG Energy, Inc. has a fifty-two week low of $108.34 and a fifty-two week high of $189.96. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17. The firm’s 50 day moving average price is $126.08 and its 200 day moving average price is $140.85.

NRG Energy (NYSE:NRG) last posted its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.20). NRG Energy had a return on equity of 52.95% and a net margin of 2.56%.The business had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.31 billion. During the same quarter last year, the firm earned $1.73 EPS. The business’s revenue was up 11.0% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts forecast that NRG Energy, Inc. will post 8.6 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Monday, August 3rd. NRG Energy’s payout ratio is presently 50.26%.

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.