NRG Energy, Inc. $NRG Shares Acquired by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. increased its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 4.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 177,514 shares of the utilities provider’s stock after acquiring an additional 7,652 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in NRG Energy were worth $25,928,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NRG. Reaves W H & Co. Inc. increased its holdings in NRG Energy by 93.5% during the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock worth $91,026,000 after buying an additional 276,157 shares during the last quarter. Hiddenite Capital Partners LP lifted its stake in NRG Energy by 28.6% in the fourth quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider’s stock valued at $14,332,000 after acquiring an additional 20,000 shares during the last quarter. BNP Paribas Financial Markets grew its position in shares of NRG Energy by 83.8% in the 4th quarter. BNP Paribas Financial Markets now owns 568,464 shares of the utilities provider’s stock valued at $90,522,000 after acquiring an additional 259,113 shares during the period. Foster & Motley Inc. acquired a new position in shares of NRG Energy during the 2nd quarter worth about $2,014,000. Finally, TimesSquare Capital Management LLC raised its holdings in shares of NRG Energy by 10.9% in the 4th quarter. TimesSquare Capital Management LLC now owns 523,205 shares of the utilities provider’s stock valued at $83,315,000 after purchasing an additional 51,360 shares during the period. 97.72% of the stock is owned by hedge funds and other institutional investors.

NRG Energy Trading Down 2.9%

NRG stock opened at $111.11 on Friday. NRG Energy, Inc. has a 52 week low of $110.65 and a 52 week high of $189.96. The company has a market capitalization of $23.44 billion, a PE ratio of 29.39 and a beta of 1.22. The company’s 50-day simple moving average is $130.30 and its 200 day simple moving average is $143.54. The company has a debt-to-equity ratio of 5.17, a quick ratio of 0.89 and a current ratio of 0.97.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. The business had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $7.31 billion. During the same period in the prior year, the firm earned $1.73 EPS. The business’s revenue for the quarter was up 11.0% on a year-over-year basis. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts anticipate that NRG Energy, Inc. will post 8.6 earnings per share for the current year.

NRG Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were given a dividend of $0.475 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 1.7%. NRG Energy’s dividend payout ratio is currently 50.26%.

Insider Transactions at NRG Energy

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was 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 $5,752,554.72. This trade represents a 30.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts recently commented on NRG shares. Williams Trading set a $184.00 price target on NRG Energy in a report on Monday, July 6th. UBS Group reduced their target price on NRG Energy from $221.00 to $216.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Siebert Williams Shank assumed coverage on NRG Energy in a research note on Monday, July 6th. They issued a “buy” rating and a $184.00 price target on the stock. Weiss Ratings raised shares of NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Monday, August 17th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $214.00 price objective on shares of NRG Energy in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, NRG Energy presently has an average rating of “Moderate Buy” and an average price target of $198.43.

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.