LSV Asset Management Sells 446,656 Shares of NRG Energy, Inc. $NRG

LSV Asset Management trimmed its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 98.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,300 shares of the utilities provider’s stock after selling 446,656 shares during the quarter. LSV Asset Management’s holdings in NRG Energy were worth $1,481,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the company. Catalyst Financial Partners LLC lifted its holdings in NRG Energy by 5.0% during the third quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock valued at $228,000 after purchasing an additional 67 shares in the last quarter. McIlrath & Eck LLC lifted its holdings in NRG Energy by 3.0% during the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after purchasing an additional 68 shares in the last quarter. Independence Bank of Kentucky lifted its holdings in NRG Energy by 4.1% during the fourth quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock valued at $286,000 after purchasing an additional 70 shares in the last quarter. Childress Capital Advisors LLC lifted its holdings in NRG Energy by 4.0% during the fourth quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after purchasing an additional 72 shares in the last quarter. Finally, WT Wealth Management lifted its holdings in NRG Energy by 5.4% during the fourth quarter. WT Wealth Management now owns 1,435 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 74 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Insider Activity

In related news, VP Virginia Kinney sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $156.65, for a total transaction of $783,250.00. Following the completion of the sale, the vice president directly owned 55,495 shares of the company’s stock, valued at approximately $8,693,291.75. This trade represents 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. Corporate insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on NRG shares. Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target on the stock in a report on Wednesday, March 18th. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Barclays lowered their price target on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. The Goldman Sachs Group assumed coverage on shares of NRG Energy in a report on Friday, March 6th. They set a “buy” rating and a $197.00 price target on the stock. Finally, Weiss Ratings downgraded shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, NRG Energy presently has an average rating of “Moderate Buy” and an average price target of $199.69.

NRG Energy Trading Down 1.9%

NRG stock opened at $137.70 on Thursday. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. NRG Energy, Inc. has a twelve month low of $121.22 and a twelve month high of $189.96. The stock has a market capitalization of $29.05 billion, a price-to-earnings ratio of 162.00 and a beta of 1.32. The firm’s fifty day simple moving average is $149.38 and its two-hundred day simple moving average is $156.81.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share 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 firm 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 earned $2.68 EPS. The company’s 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. As a group, analysts anticipate that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Dividend Announcement

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

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.