NRG Energy, Inc. $NRG Shares Sold by Wealth High Governance Capital Ltda

Wealth High Governance Capital Ltda trimmed its holdings in NRG Energy, Inc. (NYSE:NRG) by 43.7% during the first quarter, HoldingsChannel reports. The firm owned 87,698 shares of the utilities provider’s stock after selling 68,197 shares during the period. NRG Energy comprises about 3.8% of Wealth High Governance Capital Ltda’s investment portfolio, making the stock its 5th biggest holding. Wealth High Governance Capital Ltda’s holdings in NRG Energy were worth $12,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in NRG. MV Capital Management Inc. acquired a new stake in shares of NRG Energy in the fourth quarter valued at approximately $27,000. Motiv8 Investments LLC acquired a new position in NRG Energy during the fourth quarter worth $27,000. Core Wealth Advisors LLC acquired a new position in NRG Energy during the fourth quarter worth $28,000. EMC Capital Management purchased a new stake in NRG Energy in the 4th quarter valued at $30,000. Finally, SHP Wealth Management acquired a new stake in shares of NRG Energy in the 4th quarter worth $32,000. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Virginia Kinney sold 20,000 shares of the company’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 sale, the vice president directly owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This represents a 30.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by insiders.

NRG Energy Price Performance

NRG opened at $134.56 on Monday. The stock’s 50-day moving average price is $135.63 and its 200 day moving average price is $148.07. NRG Energy, Inc. has a 12-month low of $120.11 and a 12-month high of $189.96. The firm has a market cap of $28.39 billion, a price-to-earnings ratio of 158.30 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 (NYSE:NRG) last released its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share 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 business’s revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts expect that NRG Energy, Inc. will post 9.7 earnings per share for the current year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be issued a $0.475 dividend. The ex-dividend date is Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.4%. NRG Energy’s payout ratio is 223.53%.

Wall Street Analyst Weigh In

NRG has been the topic of several analyst reports. BMO Capital Markets reduced their price target on NRG Energy from $213.00 to $212.00 and set a “market perform” rating on the stock in a report on Tuesday, July 28th. Weiss Ratings raised shares of NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, July 17th. Wells Fargo & Company lifted their target price on shares of NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Williams Trading set a $184.00 target price on shares of NRG Energy in a report on Monday, July 6th. Finally, UBS Group dropped their price target on shares of NRG Energy from $221.00 to $216.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. One equities research 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 stock. Based on data from MarketBeat, NRG Energy has an average rating of “Moderate Buy” and a consensus price target of $201.79.

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.