4,750 NRG Energy, Inc. $NRG Shares Sold by Kieckhefer Group LLC

Kieckhefer Group LLC lowered its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 44.3% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 5,975 shares of the utilities provider’s stock after selling 4,750 shares during the period. Kieckhefer Group LLC’s holdings in NRG Energy were worth $572,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Athena Wealth Management LLC boosted its position in NRG Energy by 19.5% during the third quarter. Athena Wealth Management LLC now owns 7,932 shares of the utilities provider’s stock worth $759,000 after purchasing an additional 1,297 shares in the last quarter. Acropolis Investment Management LLC increased its position in shares of NRG Energy by 156.2% in the third quarter. Acropolis Investment Management LLC now owns 1,852 shares of the utilities provider’s stock valued at $177,000 after buying an additional 1,129 shares in the last quarter. GAMMA Investing LLC increased its position in shares of NRG Energy by 9.6% in the third quarter. GAMMA Investing LLC now owns 8,473 shares of the utilities provider’s stock valued at $810,000 after buying an additional 741 shares in the last quarter. Farther Finance Advisors LLC raised its stake in shares of NRG Energy by 57.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 9,230 shares of the utilities provider’s stock worth $883,000 after buying an additional 3,353 shares during the period. Finally, CoreCap Advisors LLC raised its stake in shares of NRG Energy by 94.8% during the 3rd quarter. CoreCap Advisors LLC now owns 487 shares of the utilities provider’s stock worth $47,000 after buying an additional 237 shares during the period. Institutional investors and hedge funds own 97.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on NRG shares. Scotiabank decreased their target price on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, August 5th. BMO Capital Markets reissued a “market perform” rating and issued a $214.00 price target on shares of NRG Energy in a report on Thursday, August 6th. Siebert Williams Shank started coverage on shares of NRG Energy in a research report on Monday, July 6th. They set a “buy” rating and a $184.00 price objective for the company. Weiss Ratings raised shares of NRG Energy from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday. Finally, Morgan Stanley dropped their target price on shares of NRG Energy from $162.00 to $159.00 and set an “equal weight” rating on the stock in a research report on Friday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $198.21.

Insiders Place Their Bets

In other news, CAO Gerald Alfred Spencer sold 1,580 shares of the stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $120.93, for a total value of $191,069.40. Following the completion of the sale, the chief accounting officer owned 6,213 shares of the company’s stock, valued at $751,338.09. This represents a 20.27% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by insiders.

NRG Energy Trading Down 0.1%

NYSE NRG traded down $0.12 on Tuesday, reaching $106.25. 900,671 shares of the company were exchanged, compared to its average volume of 2,742,958. The company has a current ratio of 0.97, a quick ratio of 0.89 and a debt-to-equity ratio of 5.17. The business’s fifty day moving average price is $110.46 and its 200 day moving average price is $130.79. The stock has a market capitalization of $22.42 billion, a P/E ratio of 28.11 and a beta of 1.17. NRG Energy, Inc. has a fifty-two week low of $93.36 and a fifty-two week high of $189.96.

NRG Energy (NYSE:NRG) last posted its quarterly earnings results on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.20). NRG Energy had a return on equity of 52.95% and a net margin of 2.56%. The company had revenue of $7.48 billion for the quarter, compared to analysts’ expectations of $7.31 billion. During the same quarter in the prior year, the firm earned $1.73 EPS. The firm’s revenue was up 11.0% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Analysts forecast that NRG Energy, Inc. will post 8.61 earnings per share for the current year.

NRG Energy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 17th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.4750 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a yield of 1.8%. NRG Energy’s payout ratio is 50.26%.

NRG Energy Profile

NRG Energy, Inc (NYSE:NRG) is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity and natural gas and provides energy-related products and services to residential, commercial, industrial and institutional customers.

NRG operates power generation assets that use a range of fuel sources, including natural gas, coal, nuclear power and renewable energy. It also develops and supports technologies such as battery storage and offers electricity, natural gas, renewable energy and energy-management services through retail brands including Reliant, Direct Energy, Green Mountain Energy and other regional providers.

In addition to its energy business, NRG provides smart-home, security, automation and related services through its Vivint operations.