NRG Energy, Inc. $NRG Stock Holdings Lessened by Wealth High Governance Asset Management Ltda.

Wealth High Governance Asset Management Ltda. lessened its stake in NRG Energy, Inc. (NYSE:NRG) by 15.4% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 74,604 shares of the utilities provider’s stock after selling 13,606 shares during the period. NRG Energy accounts for about 3.8% of Wealth High Governance Asset Management Ltda.’s holdings, making the stock its 5th biggest position. Wealth High Governance Asset Management Ltda.’s holdings in NRG Energy were worth $10,903,000 as of its most recent filing with the Securities & Exchange Commission.

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

NRG Energy Stock Up 0.2%

NRG opened at $134.56 on Monday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. 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 one year low of $120.11 and a one year high of $189.96. The business’s fifty day moving average is $135.63 and its two-hundred day moving average is $148.07.

NRG Energy (NYSE:NRG) last announced 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). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same period in the prior year, the firm earned $2.68 earnings per share. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Analysts anticipate that NRG Energy, Inc. will post 9.7 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Monday, August 3rd will be paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, August 3rd. 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 NRG Energy stock in a transaction on Monday, June 15th. The shares were sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the transaction, the vice president owned 45,111 shares in the company, valued at approximately $5,752,554.72. The trade was a 30.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 0.43% of the company’s stock.

Analyst Ratings Changes

NRG has been the topic of a number of recent analyst reports. Raymond James Financial set a $210.00 price objective on NRG Energy in a report on Monday, April 27th. Williams Trading set a $184.00 target price on shares of NRG Energy in a research report on Monday, July 6th. Scotiabank upped their price target on shares of NRG Energy from $223.00 to $226.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 15th. Siebert Williams Shank started coverage on shares of NRG Energy in a report on Monday, July 6th. They issued a “buy” rating and a $184.00 price target for the company. Finally, BMO Capital Markets reduced their price objective on shares of NRG Energy from $213.00 to $212.00 and set a “market perform” rating for the company in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $201.79.

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.