Northwestern Mutual Wealth Management Co. Increases Stock Holdings in NRG Energy, Inc. $NRG

Northwestern Mutual Wealth Management Co. lifted its position in NRG Energy, Inc. (NYSE:NRG) by 1,799.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 134,520 shares of the utilities provider’s stock after purchasing an additional 127,438 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in NRG Energy were worth $21,421,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of NRG. Brighton Jones LLC boosted its stake in NRG Energy by 41.8% during the fourth quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock worth $468,000 after buying an additional 1,528 shares during the period. Integrated Wealth Concepts LLC purchased a new position in NRG Energy during the first quarter worth about $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in NRG Energy by 7.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after buying an additional 1,381 shares during the period. Woodline Partners LP boosted its stake in NRG Energy by 40.7% during the first quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock worth $1,634,000 after buying an additional 4,949 shares during the period. Finally, Marshall Wace LLP purchased a new position in NRG Energy during the second quarter worth about $7,937,000. Hedge funds and other institutional investors own 97.72% of the company’s stock.

NRG Energy Stock Down 1.3%

Shares of NRG Energy stock opened at $123.91 on Wednesday. NRG Energy, Inc. has a 52-week low of $121.22 and a 52-week high of $189.96. The company has a 50 day moving average of $151.23 and a 200 day moving average of $158.26. 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 market capitalization of $26.14 billion, a P/E ratio of 145.77 and a beta of 1.32.

NRG Energy (NYSE:NRG) last issued its quarterly earnings results 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). NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. During the same quarter in the prior year, the firm earned $2.68 EPS. The firm’s revenue 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. As a group, research analysts forecast that NRG Energy, Inc. will post 8.94 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 1st were paid a $0.475 dividend. The ex-dividend date was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a yield of 1.5%. NRG Energy’s payout ratio is currently 223.53%.

Insider Transactions at NRG Energy

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $156.65, for a total transaction of $783,250.00. Following the sale, the vice president owned 55,495 shares of the company’s stock, valued at approximately $8,693,291.75. This trade represents a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.43% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on NRG shares. Evercore started coverage on shares of NRG Energy in a research note on Wednesday, February 25th. They set an “outperform” rating and a $215.00 target price for the company. Barclays lowered their target price on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Morgan Stanley set a $159.00 target price on shares of NRG Energy in a research note on Friday, May 1st. Wells Fargo & Company increased their target price on shares of NRG Energy from $202.00 to $206.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings cut shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $199.46.

NRG Energy 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.