32,826 Shares in NRG Energy, Inc. $NRG Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new stake in shares of NRG Energy, Inc. (NYSE:NRG) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 32,826 shares of the utilities provider’s stock, valued at approximately $3,145,000.

Several other large investors have also recently modified their holdings of the stock. Krilogy Financial LLC lifted its stake in shares of NRG Energy by 60.1% in the third quarter. Krilogy Financial LLC now owns 2,981 shares of the utilities provider’s stock worth $285,000 after buying an additional 1,119 shares in the last quarter. Athena Wealth Management LLC lifted its position in NRG Energy by 19.5% in the 3rd quarter. Athena Wealth Management LLC now owns 7,932 shares of the utilities provider’s stock valued at $759,000 after acquiring an additional 1,297 shares in the last quarter. Acropolis Investment Management LLC boosted its stake in NRG Energy by 156.2% during the 3rd quarter. Acropolis Investment Management LLC now owns 1,852 shares of the utilities provider’s stock valued at $177,000 after purchasing an additional 1,129 shares during the last quarter. GAMMA Investing LLC boosted its stake in NRG Energy by 9.6% during the 3rd quarter. GAMMA Investing LLC now owns 8,473 shares of the utilities provider’s stock valued at $810,000 after purchasing an additional 741 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of NRG Energy by 57.1% in the 3rd quarter. Farther Finance Advisors LLC now owns 9,230 shares of the utilities provider’s stock worth $883,000 after purchasing an additional 3,353 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Performance

Shares of NYSE NRG traded down $6.39 during midday trading on Wednesday, hitting $100.79. 2,487,752 shares of the company’s stock traded hands, compared to its average volume of 2,752,444. NRG Energy, Inc. has a 1 year low of $93.36 and a 1 year high of $189.96. The stock has a market capitalization of $21.27 billion, a price-to-earnings ratio of 26.67 and a beta of 1.17. The company has a debt-to-equity ratio of 5.17, a quick ratio of 0.89 and a current ratio of 0.97. The firm has a fifty day moving average of $110.27 and a 200 day moving average of $130.48.

NRG Energy (NYSE:NRG) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.20). NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The business had revenue of $7.48 billion for the quarter, compared to the consensus estimate of $7.31 billion. During the same quarter last year, the firm posted $1.73 earnings per share. The business’s quarterly revenue was up 11.0% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts forecast that NRG Energy, Inc. will post 8.61 earnings per share for the current year.

NRG Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were paid a dividend of $0.4750 per share. This represents a $1.90 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Monday, August 3rd. NRG Energy’s dividend payout ratio (DPR) is currently 50.26%.

Insider Activity

In other news, CAO Gerald Alfred Spencer sold 1,580 shares of the business’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $120.93, for a total transaction of $191,069.40. Following the completion of the sale, the chief accounting officer owned 6,213 shares of the company’s stock, valued at $751,338.09. The trade was a 20.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Zacks Research cut NRG Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, September 25th. Evercore reaffirmed an “outperform” rating and set a $195.00 price objective on shares of NRG Energy in a research report on Wednesday, August 5th. Williams Trading set a $184.00 price objective on NRG Energy in a research report on Monday, July 6th. Morgan Stanley reduced their price objective on NRG Energy from $162.00 to $159.00 and set an “equal weight” rating for the company in a report on Friday, September 18th. Finally, Scotiabank reduced their price objective on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating for the company in a report on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $198.21.

About NRG Energy

NRG Energy, Inc (NYSE:NRG) is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity and natural gas and provides energy-related products and services to residential, commercial, industrial and institutional customers.

NRG operates power generation assets that use a range of fuel sources, including natural gas, coal, nuclear power and renewable energy. It also develops and supports technologies such as battery storage and offers electricity, natural gas, renewable energy and energy-management services through retail brands including Reliant, Direct Energy, Green Mountain Energy and other regional providers.

In addition to its energy business, NRG provides smart-home, security, automation and related services through its Vivint operations.