Sanctuary Advisors LLC Buys 35,354 Shares of NRG Energy, Inc. $NRG

Sanctuary Advisors LLC boosted its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 57.0% in the 1st quarter, HoldingsChannel.com reports. The fund owned 97,335 shares of the utilities provider’s stock after purchasing an additional 35,354 shares during the quarter. Sanctuary Advisors LLC’s holdings in NRG Energy were worth $14,224,000 at the end of the most recent reporting period.

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

Insiders Place Their Bets

In other news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the completion of the transaction, the vice president directly owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This trade represents a 30.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 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 Ratings Changes

A number of equities analysts have commented on NRG shares. Scotiabank reissued an “outperform” rating and issued a $226.00 price objective on shares of NRG Energy in a research note on Wednesday. Barclays reduced their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 31st. Morgan Stanley set a $165.00 target price on NRG Energy in a research report on Wednesday, June 24th. Siebert Williams Shank assumed coverage on shares of NRG Energy in a research report on Monday, July 6th. They issued a “buy” rating and a $184.00 price objective for the company. Finally, Weiss Ratings cut NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $199.93.

NRG Energy Price Performance

Shares of NYSE NRG opened at $132.81 on Friday. The company has a fifty day moving average price of $135.50 and a 200 day moving average price of $149.80. The firm has a market cap of $28.02 billion, a PE ratio of 156.25 and a beta of 1.21. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. NRG Energy, Inc. has a 1-year low of $120.11 and a 1-year high of $189.96.

NRG Energy (NYSE:NRG) last issued its quarterly 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). The firm had revenue of $10.26 billion during the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter last year, the firm earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Research analysts predict that NRG Energy, Inc. will post 8.89 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were given a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a yield of 1.4%. NRG Energy’s dividend payout ratio is 223.53%.

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.