NRG Energy, Inc. $NRG Shares Acquired by Kennedy Capital Management LLC

Kennedy Capital Management LLC increased its holdings in NRG Energy, Inc. (NYSE:NRG) by 9.6% during the fourth quarter, HoldingsChannel.com reports. The fund owned 78,956 shares of the utilities provider’s stock after buying an additional 6,934 shares during the period. Kennedy Capital Management LLC’s holdings in NRG Energy were worth $12,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of NRG. Core Wealth Advisors LLC acquired a new position in shares of NRG Energy in the 4th quarter valued at $28,000. Creative Financial Designs Inc. ADV increased its holdings in shares of NRG Energy by 321.1% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock valued at $38,000 after acquiring an additional 183 shares during the period. BOKF NA increased its holdings in shares of NRG Energy by 3,714.3% in the 3rd quarter. BOKF NA now owns 267 shares of the utilities provider’s stock valued at $43,000 after acquiring an additional 260 shares during the period. Hantz Financial Services Inc. increased its holdings in shares of NRG Energy by 140.2% in the 4th quarter. Hantz Financial Services Inc. now owns 293 shares of the utilities provider’s stock valued at $47,000 after acquiring an additional 171 shares during the period. Finally, Beaird Harris Wealth Management LLC increased its holdings in shares of NRG Energy by 1,970.6% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the utilities provider’s stock valued at $57,000 after acquiring an additional 335 shares during the period. 97.72% of the stock is owned by institutional investors and hedge funds.

NRG Energy Price Performance

Shares of NYSE NRG opened at $125.57 on Monday. The firm has a market capitalization of $26.49 billion, a P/E ratio of 147.73 and a beta of 1.25. NRG Energy, Inc. has a one year low of $120.11 and a one year high of $189.96. The company’s fifty day moving average is $144.45 and its two-hundred day moving average is $153.80. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84.

NRG Energy (NYSE:NRG) last issued its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing the consensus estimate of $1.78 by ($0.30). The company had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.NRG Energy’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Analysts forecast that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.5%. The ex-dividend date was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is 223.53%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on NRG shares. Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research report on Wednesday, March 18th. Evercore started coverage on shares of NRG Energy in a research report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price objective on the stock. Zacks Research upgraded shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research report on Monday, February 23rd. Weiss Ratings lowered shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday. Finally, Morgan Stanley set a $162.00 price objective on shares of NRG Energy in a research report on Thursday, May 21st. One equities 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 MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $199.69.

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.