NRG Energy, Inc. $NRG Shares Sold by Fairvoy Private Wealth LLC

Fairvoy Private Wealth LLC trimmed its position in shares of NRG Energy, Inc. (NYSE:NRG) by 79.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,690 shares of the utilities provider’s stock after selling 10,467 shares during the quarter. Fairvoy Private Wealth LLC’s holdings in NRG Energy were worth $393,000 as of its most recent SEC filing.

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

NRG Energy Stock Performance

Shares of NYSE:NRG opened at $150.21 on Friday. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. NRG Energy, Inc. has a 1 year low of $120.11 and a 1 year high of $189.96. The firm has a market capitalization of $31.69 billion, a PE ratio of 176.72 and a beta of 1.24. The business’s 50 day moving average price is $139.97 and its 200-day moving average price is $151.90.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). The firm had revenue of $10.26 billion during the quarter, compared to analyst estimates of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The firm’s revenue for the quarter was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities research analysts expect that NRG Energy, Inc. will post 8.89 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, May 1st. NRG Energy’s dividend payout ratio is 223.53%.

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the transaction, the vice president directly owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

NRG has been the subject of a number of analyst reports. Barclays reduced their price target on NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, March 31st. Weiss Ratings lowered NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. BNP Paribas Exane initiated coverage on NRG Energy in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 price objective for the company. Morgan Stanley set a $165.00 target price on NRG Energy in a research note on Wednesday. Finally, Raymond James Financial set a $210.00 price target on shares of NRG Energy in a research note on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $199.92.

About NRG Energy

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.