Janus Henderson Group PLC Has $102.87 Million Stock Holdings in NRG Energy, Inc. $NRG

Janus Henderson Group PLC raised its position in NRG Energy, Inc. (NYSE:NRG) by 5.3% during the 1st quarter, HoldingsChannel reports. The fund owned 703,909 shares of the utilities provider’s stock after buying an additional 35,254 shares during the quarter. Janus Henderson Group PLC’s holdings in NRG Energy were worth $102,872,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. grew its stake in shares of NRG Energy by 178.1% during the 4th quarter. Victory Capital Management Inc. now owns 7,676,513 shares of the utilities provider’s stock worth $1,222,409,000 after acquiring an additional 4,916,653 shares in the last quarter. Capital World Investors bought a new stake in shares of NRG Energy in the fourth quarter worth $305,817,000. Boston Partners boosted its holdings in NRG Energy by 124.1% during the fourth quarter. Boston Partners now owns 1,808,814 shares of the utilities provider’s stock worth $287,469,000 after purchasing an additional 1,001,672 shares during the last quarter. Worldquant Millennium Advisors LLC grew its position in NRG Energy by 492.5% in the second quarter. Worldquant Millennium Advisors LLC now owns 883,781 shares of the utilities provider’s stock valued at $141,918,000 after purchasing an additional 734,624 shares in the last quarter. Finally, Merewether Investment Management LP bought a new position in NRG Energy in the third quarter valued at $85,951,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

NRG Energy Price Performance

Shares of NRG opened at $134.56 on Friday. The company has a market cap of $28.39 billion, a price-to-earnings ratio of 158.30 and a beta of 1.21. NRG Energy, Inc. has a 1-year low of $120.11 and a 1-year high of $189.96. The company’s fifty day simple moving average is $135.63 and its 200 day simple moving average is $148.07. 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 posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.78 by ($0.30). The firm had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The business’s revenue was up 19.5% compared to the same quarter last year. During the same period last year, the company posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts forecast that NRG Energy, Inc. will post 9.7 earnings per share for the current fiscal year.

NRG Energy Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have commented on NRG shares. Morgan Stanley set a $165.00 price target on shares of NRG Energy in a research report on Wednesday, June 24th. Scotiabank raised their price objective on NRG Energy from $223.00 to $226.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Weiss Ratings raised NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Wells Fargo & Company upped their target price on NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. Finally, Williams Trading set a $184.00 price target on NRG Energy in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NRG Energy currently has an average rating of “Moderate Buy” and a consensus price target of $201.79.

Insider Activity

In related 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 completion of the sale, the vice president directly owned 45,111 shares in the company, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

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.