7,839 Shares in NRG Energy, Inc. $NRG Bought by Dymon Asia Capital Singapore PTE. LTD.

Dymon Asia Capital Singapore PTE. LTD. bought a new position in NRG Energy, Inc. (NYSE:NRG) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 7,839 shares of the utilities provider’s stock, valued at approximately $1,248,000.

Several other hedge funds also recently made changes to their positions in the company. Eventide Asset Management LLC increased its stake in shares of NRG Energy by 9.4% in the fourth quarter. Eventide Asset Management LLC now owns 3,085 shares of the utilities provider’s stock worth $495,000 after buying an additional 264 shares during the period. Atlas Capital Advisors Inc. purchased a new position in shares of NRG Energy in the fourth quarter worth $779,000. CreativeOne Wealth LLC increased its stake in shares of NRG Energy by 4.2% in the fourth quarter. CreativeOne Wealth LLC now owns 3,737 shares of the utilities provider’s stock worth $595,000 after buying an additional 151 shares during the period. Kestra Advisory Services LLC increased its stake in shares of NRG Energy by 11.2% in the fourth quarter. Kestra Advisory Services LLC now owns 27,348 shares of the utilities provider’s stock worth $4,355,000 after buying an additional 2,763 shares during the period. Finally, Transamerica Financial Advisors LLC increased its stake in shares of NRG Energy by 1,282.2% in the fourth quarter. Transamerica Financial Advisors LLC now owns 36,518 shares of the utilities provider’s stock worth $5,815,000 after buying an additional 33,876 shares during the period. 97.72% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts recently weighed in on NRG shares. Raymond James Financial set a $210.00 price target on shares of NRG Energy in a report on Monday, April 27th. Weiss Ratings cut shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Morgan Stanley set a $162.00 price target on shares of NRG Energy in a report on Thursday, May 21st. Finally, 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 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.69.

Insider Transactions at NRG Energy

In related news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the transaction, the vice president owned 55,495 shares in the company, valued at $8,693,291.75. The trade was a 8.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.43% of the stock is currently owned by insiders.

NRG Energy Stock Performance

Shares of NRG stock opened at $125.57 on Friday. NRG Energy, Inc. has a 12 month low of $120.11 and a 12 month high of $189.96. The stock has a market cap of $26.49 billion, a PE ratio of 147.73 and a beta of 1.24. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. The company’s fifty day moving average price is $144.45 and its 200-day moving average price is $153.89.

NRG Energy (NYSE:NRG) last announced its 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 net margin of 0.74% and a return on equity of 70.67%. The business had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. During the same quarter last year, the firm posted $2.68 EPS. The business’s quarterly revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, equities analysts expect that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors 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 dividend on an annualized basis and a yield of 1.5%. NRG Energy’s payout ratio is presently 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.