Empowered Funds LLC Takes $1.40 Million Position in NuScale Power Corporation $SMR

Empowered Funds LLC bought a new stake in shares of NuScale Power Corporation (NYSE:SMR) in the first quarter, Holdings Channel reports. The fund bought 129,492 shares of the company’s stock, valued at approximately $1,404,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Renaissance Technologies LLC bought a new stake in shares of NuScale Power during the first quarter valued at approximately $59,141,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in NuScale Power by 35.0% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 822,779 shares of the company’s stock worth $11,659,000 after acquiring an additional 213,329 shares in the last quarter. Swedbank AB raised its stake in NuScale Power by 36.3% during the 1st quarter. Swedbank AB now owns 1,502,300 shares of the company’s stock worth $16,285,000 after acquiring an additional 400,240 shares during the period. Caz Investments LP raised its stake in NuScale Power by 10,000.0% during the 4th quarter. Caz Investments LP now owns 101,000 shares of the company’s stock valued at $1,431,000 after purchasing an additional 100,000 shares during the period. Finally, Seven Grand Managers LLC purchased a new position in NuScale Power in the 4th quarter worth approximately $1,771,000. 78.37% of the stock is owned by hedge funds and other institutional investors.

NuScale Power Price Performance

NYSE SMR opened at $9.81 on Friday. NuScale Power Corporation has a 1-year low of $7.21 and a 1-year high of $57.42. The company has a market cap of $3.59 billion, a P/E ratio of -3.36 and a beta of 2.26. The stock has a 50-day moving average of $9.70 and a two-hundred day moving average of $11.93.

NuScale Power (NYSE:SMR) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.13) earnings per share for the quarter, meeting the consensus estimate of ($0.13). The business had revenue of $0.07 million during the quarter, compared to the consensus estimate of $8.80 million. NuScale Power had a negative return on equity of 46.91% and a negative net margin of 3,888.70%.The company’s revenue was down 99.1% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.11) earnings per share. On average, analysts anticipate that NuScale Power Corporation will post -0.46 EPS for the current fiscal year.

Insider Transactions at NuScale Power

In other news, COO Carl M. Fisher sold 18,771 shares of the company’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total transaction of $175,696.56. Following the completion of the sale, the chief operating officer directly owned 114,718 shares in the company, valued at $1,073,760.48. This represents a 14.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.28% of the company’s stock.

Key NuScale Power News

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Management emphasized discussions with the Tennessee Valley Authority and near-term deployment readiness. Approved reactor designs, available fuel, qualified suppliers and approximately $1.9 billion in liquidity could help NuScale advance projects despite limited current revenue. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling, manufacturing and other advanced nuclear-fuel-cycle technologies. The agreement may strengthen NuScale’s long-term commercialization prospects and address fuel-supply needs for future reactors. Curio, NuScale Power, and Framatome Sign Strategic MOU
• Positive Sentiment: Northland Securities maintained its Buy rating, while Canaccord Genuity retained a Buy rating despite reducing its price target from $25 to $15. The continued bullish ratings reflect confidence in future reactor deployments, though the lower target signals a more cautious valuation view. Northland Securities Keeps Buy Rating
• Neutral Sentiment: Analyst sentiment remains mixed. Several firms are neutral, and the reported consensus rating is Hold with an average target near $14.12. This suggests potential upside, but also substantial uncertainty around execution and timing. Analysts Are Neutral on NuScale Power
• Neutral Sentiment: COO Carl Fisher sold 18,771 shares worth approximately $176,000 to cover tax withholding on vested equity awards. Because the transaction was tax-related, it may have limited bearish significance, although his direct ownership fell 14.06%. SEC insider transaction filing
• Negative Sentiment: Second-quarter revenue plunged about 99% year over year to roughly $70,000–$80,000, far below the $8.8 million estimate, as RoPower-related work wound down. The $0.13-per-share loss met expectations, but the revenue miss highlights commercialization-timing risk and continuing operating losses. SMR Q2 Earnings Meet Estimates, Revenues Miss
• Negative Sentiment: Citigroup lowered its price target from $7.50 to $6.50 and maintained a Sell rating, implying that current fundamentals do not yet justify the stock’s valuation. Citigroup price-target update

Analyst Upgrades and Downgrades

SMR has been the subject of a number of research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of NuScale Power in a research note on Wednesday, June 24th. HSBC initiated coverage on NuScale Power in a research note on Thursday, April 23rd. They set a “hold” rating and a $13.00 price target for the company. Truist Financial started coverage on NuScale Power in a report on Monday, July 13th. They set a “hold” rating and a $10.00 price objective on the stock. B. Riley Financial lowered their target price on NuScale Power from $24.00 to $19.00 and set a “buy” rating for the company in a report on Friday, April 24th. Finally, Northland Securities set a $16.00 price objective on NuScale Power in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $14.12.

NuScale Power Company Profile

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.