Union Square Park Capital Management LLC Decreases Stock Position in NRG Energy, Inc. $NRG

Union Square Park Capital Management LLC reduced its position in NRG Energy, Inc. (NYSE:NRG) by 50.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,000 shares of the utilities provider’s stock after selling 10,000 shares during the quarter. NRG Energy makes up about 0.8% of Union Square Park Capital Management LLC’s holdings, making the stock its 28th largest position. Union Square Park Capital Management LLC’s holdings in NRG Energy were worth $1,592,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the company. Reaves W H & Co. Inc. boosted its holdings in shares of NRG Energy by 93.5% in the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock worth $91,026,000 after acquiring an additional 276,157 shares during the period. Hiddenite Capital Partners LP boosted its holdings in shares of NRG Energy by 28.6% in the fourth quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider’s stock worth $14,332,000 after acquiring an additional 20,000 shares during the period. Korea Investment CORP boosted its holdings in shares of NRG Energy by 13.4% in the third quarter. Korea Investment CORP now owns 277,027 shares of the utilities provider’s stock worth $44,865,000 after acquiring an additional 32,672 shares during the period. Schroder Investment Management Group boosted its holdings in shares of NRG Energy by 7.6% in the third quarter. Schroder Investment Management Group now owns 1,225,329 shares of the utilities provider’s stock worth $198,442,000 after acquiring an additional 86,528 shares during the period. Finally, Swiss Life Asset Management Ltd boosted its holdings in shares of NRG Energy by 33.1% in the third quarter. Swiss Life Asset Management Ltd now owns 66,483 shares of the utilities provider’s stock worth $10,767,000 after acquiring an additional 16,545 shares during the period. 97.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Weiss Ratings lowered NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Evercore assumed coverage on NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price target for the company. The Goldman Sachs Group assumed coverage on NRG Energy in a report on Friday, March 6th. They issued a “buy” rating and a $197.00 price target for the company. Zacks Research raised NRG Energy from a “strong sell” rating to a “hold” rating in a report on Monday, February 23rd. Finally, Wolfe Research raised NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price target for the company in a report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, NRG Energy has a consensus rating of “Moderate Buy” and a consensus target price of $199.69.

NRG Energy Price Performance

NYSE:NRG opened at $132.14 on Wednesday. The firm has a market capitalization of $27.88 billion, a price-to-earnings ratio of 155.46 and a beta of 1.24. NRG Energy, Inc. has a 52-week low of $120.11 and a 52-week high of $189.96. The stock has a fifty day moving average of $143.60 and a 200 day moving average of $153.31. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data 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 business had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. NRG Energy’s quarterly revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the business posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, research analysts expect that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 annualized dividend and a yield of 1.4%. NRG Energy’s dividend payout ratio (DPR) is currently 223.53%.

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.