NRG Energy, Inc. $NRG Stake Boosted by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC increased its position in shares of NRG Energy, Inc. (NYSE:NRG) by 149.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,971 shares of the utilities provider’s stock after purchasing an additional 7,169 shares during the quarter. Gateway Investment Advisers LLC’s holdings in NRG Energy were worth $1,906,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NRG. Stevens Capital Management LP increased its position in NRG Energy by 16.2% in the fourth quarter. Stevens Capital Management LP now owns 3,903 shares of the utilities provider’s stock worth $622,000 after buying an additional 544 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in NRG Energy by 1.5% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 401,936 shares of the utilities provider’s stock worth $66,786,000 after buying an additional 5,777 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd increased its position in NRG Energy by 1.9% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 24,710 shares of the utilities provider’s stock worth $3,935,000 after buying an additional 450 shares during the period. McIlrath & Eck LLC increased its position in NRG Energy by 3.0% in the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock worth $376,000 after buying an additional 68 shares during the period. Finally, Principal Financial Group Inc. increased its position in NRG Energy by 2.0% in the fourth quarter. Principal Financial Group Inc. now owns 652,104 shares of the utilities provider’s stock worth $103,845,000 after buying an additional 12,615 shares during the period. 97.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NRG. Jefferies Financial Group dropped their target price on NRG Energy from $198.00 to $181.00 and set a “buy” rating on the stock in a research report on Tuesday, January 27th. The Goldman Sachs Group began coverage on NRG Energy in a research report on Friday, March 6th. They issued a “buy” rating and a $197.00 target price on the stock. Zacks Research raised NRG Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Raymond James Financial set a $210.00 target price on NRG Energy in a research report on Monday, April 27th. Finally, Wells Fargo & Company increased their target price on NRG Energy from $202.00 to $206.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $197.57.

NRG Energy Price Performance

Shares of NRG opened at $138.12 on Friday. The firm has a market capitalization of $29.14 billion, a price-to-earnings ratio of 162.50 and a beta of 1.32. The company has a debt-to-equity ratio of 4.68, a quick ratio of 1.58 and a current ratio of 0.84. NRG Energy, Inc. has a one year low of $117.43 and a one year high of $189.96. The stock’s fifty day moving average is $157.32 and its 200-day moving average is $160.31.

NRG Energy (NYSE:NRG) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The business had revenue of $10.26 billion for the quarter, compared to analyst estimates of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. NRG Energy’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same period last year, the business posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Equities analysts anticipate that NRG Energy, Inc. will post 9.02 EPS for the current year.

NRG Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Friday, May 1st will be given a $0.475 dividend. The ex-dividend date is Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.4%. NRG Energy’s dividend payout ratio (DPR) is 223.53%.

Insider Buying and Selling at NRG Energy

In related news, VP Virginia Kinney sold 5,000 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $156.65, for a total value of $783,250.00. Following the completion of the transaction, the vice president owned 55,495 shares in the company, valued at $8,693,291.75. This trade represents a 8.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.43% of the stock is owned by company 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.