Sequoia Financial Advisors LLC Has $1.39 Million Stake in NRG Energy, Inc. $NRG

Sequoia Financial Advisors LLC lifted its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 85.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,705 shares of the utilities provider’s stock after purchasing an additional 4,016 shares during the period. Sequoia Financial Advisors LLC’s holdings in NRG Energy were worth $1,386,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Quent Capital LLC bought a new stake in shares of NRG Energy during the third quarter worth approximately $25,000. Atlantic Union Bankshares Corp increased its position in shares of NRG Energy by 90.4% during the third quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock worth $29,000 after acquiring an additional 85 shares in the last quarter. BOKF NA increased its position in shares of NRG Energy by 3,714.3% during the third quarter. BOKF NA now owns 267 shares of the utilities provider’s stock worth $43,000 after acquiring an additional 260 shares in the last quarter. Beaird Harris Wealth Management LLC increased its position in shares of NRG Energy by 1,970.6% during the third quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the utilities provider’s stock worth $57,000 after acquiring an additional 335 shares in the last quarter. Finally, First Horizon Corp bought a new stake in shares of NRG Energy during the third quarter worth $67,000. 97.72% of the stock is owned by institutional investors.

Insider Transactions at NRG Energy

In other NRG Energy 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 value 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 $8,693,291.75. This trade represents a 8.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.43% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

NRG has been the subject of several recent research reports. Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 target price for the company in a report on Wednesday, March 18th. The Goldman Sachs Group began coverage on shares of NRG Energy in a research note on Friday, March 6th. They issued a “buy” rating and a $197.00 price objective for the company. Jefferies Financial Group decreased their target price on shares of NRG Energy from $198.00 to $181.00 and set a “buy” rating on the stock in a report on Tuesday, January 27th. Raymond James Financial set a $210.00 price target on shares of NRG Energy in a research report on Monday, April 27th. Finally, Weiss Ratings downgraded shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, NRG Energy currently has an average rating of “Moderate Buy” and a consensus target price of $199.46.

NRG Energy Price Performance

NRG opened at $137.51 on Wednesday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. The firm has a market cap of $29.01 billion, a P/E ratio of 161.78 and a beta of 1.32. NRG Energy, Inc. has a fifty-two week low of $134.04 and a fifty-two week high of $189.96. The firm has a 50-day moving average of $154.69 and a 200 day moving average of $159.76.

NRG Energy (NYSE:NRG) last issued 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). The business had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.NRG Energy’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts expect that NRG Energy, Inc. will post 9.02 EPS for the current year.

NRG Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Friday, May 1st will be given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is currently 223.53%.

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.