Savant Capital LLC Cuts Stake in NRG Energy, Inc. $NRG

Savant Capital LLC trimmed its position in shares of NRG Energy, Inc. (NYSE:NRG) by 44.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 7,382 shares of the utilities provider’s stock after selling 5,871 shares during the quarter. Savant Capital LLC’s holdings in NRG Energy were worth $1,176,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of NRG. Catalyst Financial Partners LLC increased its holdings in NRG Energy by 5.0% in the 3rd quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock worth $228,000 after buying an additional 67 shares in the last quarter. McIlrath & Eck LLC grew its stake in shares of NRG Energy by 3.0% during the 4th quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after purchasing an additional 68 shares during the period. Independence Bank of Kentucky grew its stake in shares of NRG Energy by 4.1% during the 4th quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock valued at $286,000 after purchasing an additional 70 shares during the period. Childress Capital Advisors LLC grew its stake in shares of NRG Energy by 4.0% during the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after purchasing an additional 72 shares during the period. Finally, WT Wealth Management grew its stake in shares of NRG Energy by 5.4% during the 4th quarter. WT Wealth Management now owns 1,435 shares of the utilities provider’s stock valued at $229,000 after purchasing an additional 74 shares during the period. 97.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NRG. Morgan Stanley set a $162.00 price target on NRG Energy in a research note on Thursday, May 21st. BNP Paribas Exane initiated coverage on NRG Energy in a research note on Wednesday, March 18th. They set an “outperform” rating and a $232.00 price target for the company. Evercore initiated coverage on NRG Energy in a research report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price objective on the stock. Raymond James Financial set a $210.00 price objective on NRG Energy in a research report on Monday, April 27th. Finally, The Goldman Sachs Group initiated coverage on NRG Energy in a research report on Friday, March 6th. They set a “buy” rating and a $197.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, NRG Energy presently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

NRG Energy Stock Down 3.2%

NYSE NRG opened at $129.79 on Tuesday. The stock’s 50 day moving average is $147.92 and its 200 day moving average is $156.11. 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, Inc. has a 12 month low of $121.22 and a 12 month high of $189.96. The stock has a market cap of $27.38 billion, a PE ratio of 152.69 and a beta of 1.25.

NRG Energy (NYSE:NRG) last posted its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The business had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the prior year, the firm posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Research analysts predict that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Friday, May 1st. NRG Energy’s dividend payout ratio is 223.53%.

Insider Activity

In other news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $156.65, for a total transaction of $783,250.00. Following the sale, the vice president directly owned 55,495 shares of the company’s stock, valued at $8,693,291.75. This represents a 8.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.43% of the stock is owned by company insiders.

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.