NRG Energy, Inc. $NRG Shares Acquired by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. grew its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 3.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 139,626 shares of the utilities provider’s stock after purchasing an additional 4,988 shares during the period. Rockefeller Capital Management L.P. owned about 0.07% of NRG Energy worth $22,234,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. MV Capital Management Inc. purchased a new stake in NRG Energy during the 4th quarter worth about $27,000. Motiv8 Investments LLC purchased a new position in NRG Energy in the fourth quarter valued at approximately $27,000. Core Wealth Advisors LLC acquired a new stake in NRG Energy during the 4th quarter worth $28,000. EMC Capital Management acquired a new stake in shares of NRG Energy during the fourth quarter worth about $30,000. Finally, SHP Wealth Management purchased a new stake in NRG Energy in the fourth quarter valued at approximately $32,000. Hedge funds and other institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Performance

Shares of NRG stock opened at $138.85 on Tuesday. The company’s fifty day simple moving average is $141.92 and its 200-day simple moving average is $152.42. The company has a market cap of $29.30 billion, a PE ratio of 163.35 and a beta of 1.25. NRG Energy, Inc. has a 52 week low of $120.11 and a 52 week high of $189.96. 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 issued 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 company had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.NRG Energy’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the previous year, the company earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities research analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current year.

NRG Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued 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 1.4%. NRG Energy’s payout ratio is currently 223.53%.

Insider Activity at NRG Energy

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

Analysts Set New Price Targets

NRG has been the topic of a number of recent research reports. The Goldman Sachs Group assumed coverage on shares of NRG Energy in a research note on Friday, March 6th. They issued a “buy” rating and a $197.00 price objective on the stock. 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. Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a research report on Wednesday, March 18th. Evercore started coverage on NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price target for the company. Finally, Morgan Stanley set a $162.00 price objective on NRG Energy in a research report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, NRG Energy presently has an average rating of “Moderate Buy” and a consensus target price of $199.69.

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.