VIRGINIA RETIREMENT SYSTEMS ET Al Acquires 4,700 Shares of NRG Energy, Inc. $NRG

VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 7.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,200 shares of the utilities provider’s stock after purchasing an additional 4,700 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in NRG Energy were worth $10,860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of NRG. Brighton Jones LLC raised its holdings in shares of NRG Energy by 41.8% during the 4th quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock valued at $468,000 after purchasing an additional 1,528 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of NRG Energy during the 1st quarter valued at $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in NRG Energy by 7.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after acquiring an additional 1,381 shares during the period. Woodline Partners LP raised its holdings in NRG Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock worth $1,634,000 after acquiring an additional 4,949 shares during the period. Finally, Marshall Wace LLP bought a new position in NRG Energy in the 2nd quarter worth $7,937,000. Institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Performance

NYSE:NRG opened at $131.23 on Thursday. The firm’s 50-day moving average is $153.80 and its 200-day moving average is $159.54. NRG Energy, Inc. has a 52-week low of $129.24 and a 52-week high of $189.96. 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 company has a market cap of $27.69 billion, a price-to-earnings ratio of 154.38 and a beta of 1.32.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate 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 for the quarter, compared to the consensus estimate of $8.43 billion. During the same quarter in the previous year, the firm posted $2.68 EPS. The business’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. Equities research analysts anticipate that NRG Energy, Inc. will post 8.82 earnings per share for the current year.

NRG Energy Announces Dividend

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

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of NRG Energy stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $156.65, for a total transaction of $783,250.00. Following the sale, the vice president directly owned 55,495 shares in the company, valued at approximately $8,693,291.75. The trade was a 8.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on NRG shares. Weiss Ratings downgraded shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. BNP Paribas Exane started coverage on shares of NRG Energy in a report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 target price on the stock. Morgan Stanley set a $159.00 target price on shares of NRG Energy in a report on Friday, May 1st. Jefferies Financial Group dropped 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. Finally, Raymond James Financial set a $210.00 target price on shares of NRG Energy in a report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, NRG Energy currently has an average rating of “Moderate Buy” and an average target price of $199.46.

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.