7,839 Shares in NRG Energy, Inc. $NRG Purchased by Dymon Asia Capital Singapore PTE. LTD.

Dymon Asia Capital Singapore PTE. LTD. bought a new position in NRG Energy, Inc. (NYSE:NRG) in the fourth quarter, HoldingsChannel reports. The fund bought 7,839 shares of the utilities provider’s stock, valued at approximately $1,248,000.

A number of other hedge funds have also bought and sold shares of the business. Eventide Asset Management LLC raised its position in NRG Energy by 9.4% in the 4th quarter. Eventide Asset Management LLC now owns 3,085 shares of the utilities provider’s stock worth $495,000 after buying an additional 264 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new position in NRG Energy in the 4th quarter worth about $779,000. CreativeOne Wealth LLC raised its position in NRG Energy by 4.2% in the 4th quarter. CreativeOne Wealth LLC now owns 3,737 shares of the utilities provider’s stock worth $595,000 after buying an additional 151 shares during the last quarter. Kestra Advisory Services LLC raised its position in NRG Energy by 11.2% in the 4th quarter. Kestra Advisory Services LLC now owns 27,348 shares of the utilities provider’s stock worth $4,355,000 after buying an additional 2,763 shares during the last quarter. Finally, Transamerica Financial Advisors LLC raised its position in NRG Energy by 1,282.2% in the 4th quarter. Transamerica Financial Advisors LLC now owns 36,518 shares of the utilities provider’s stock worth $5,815,000 after buying an additional 33,876 shares during the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Analysts Set New Price Targets

NRG has been the subject of a number of recent analyst reports. Zacks Research raised NRG Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Morgan Stanley set a $162.00 target price on NRG Energy in a research report on Thursday, May 21st. Raymond James Financial set a $210.00 target price on NRG Energy in a research report on Monday, April 27th. Evercore initiated coverage on NRG Energy in a research report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 target price for the company. Finally, BNP Paribas Exane initiated coverage on NRG Energy in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, NRG Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $199.69.

NRG Energy Price Performance

NYSE NRG opened at $125.57 on Friday. NRG Energy, Inc. has a 52 week low of $120.11 and a 52 week high of $189.96. The firm has a market capitalization of $26.49 billion, a P/E ratio of 147.73 and a beta of 1.24. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The company has a 50-day moving average price of $144.45 and a 200-day moving average price of $153.89.

NRG Energy (NYSE:NRG) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 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 business had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. During the same period in the previous year, the company earned $2.68 EPS. NRG Energy’s revenue for the quarter was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities research analysts anticipate that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were given 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 dividend yield of 1.5%. NRG Energy’s dividend payout ratio is presently 223.53%.

Insider Activity at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $156.65, for a total transaction of $783,250.00. Following the completion of the sale, the vice president 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.43% of the stock is owned by insiders.

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.