Mediolanum International Funds Ltd Makes New $12.81 Million Investment in NRG Energy, Inc. $NRG

Mediolanum International Funds Ltd bought a new position in shares of NRG Energy, Inc. (NYSE:NRG) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 90,682 shares of the utilities provider’s stock, valued at approximately $12,807,000.

A number of other large investors have also recently made changes to their positions in NRG. MV Capital Management Inc. purchased a new position in NRG Energy in the 4th quarter worth about $27,000. Motiv8 Investments LLC purchased a new stake in NRG Energy in the 4th quarter valued at about $27,000. Core Wealth Advisors LLC purchased a new stake in NRG Energy in the 4th quarter valued at about $28,000. EMC Capital Management bought a new position in NRG Energy in the 4th quarter worth about $30,000. Finally, SHP Wealth Management purchased a new position in shares of NRG Energy during the fourth quarter worth approximately $32,000. 97.72% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NRG Energy

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the sale, the vice president owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. This trade represents a 30.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Siebert Williams Shank began coverage on shares of NRG Energy in a research note on Monday, July 6th. They set a “buy” rating and a $184.00 price target for the company. Scotiabank reissued an “outperform” rating and issued a $226.00 price objective on shares of NRG Energy in a research note on Wednesday. Raymond James Financial set a $210.00 price objective on NRG Energy in a report on Monday, April 27th. 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. Finally, Morgan Stanley set a $165.00 price target on NRG Energy in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, NRG Energy has a consensus rating of “Moderate Buy” and a consensus target price of $199.93.

NRG Energy Trading Up 0.0%

NYSE:NRG opened at $129.12 on Monday. The firm has a 50-day simple moving average of $135.32 and a 200-day simple moving average of $149.58. NRG Energy, Inc. has a one year low of $120.11 and a one year high of $189.96. The firm has a market cap of $27.24 billion, a P/E ratio of 151.91 and a beta of 1.21. 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 released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts anticipate that NRG Energy, Inc. will post 8.89 EPS for the current fiscal year.

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.