Altshuler Shaham Ltd Sells 22,286 Shares of NRG Energy, Inc. $NRG

Altshuler Shaham Ltd trimmed its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 44.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,184 shares of the utilities provider’s stock after selling 22,286 shares during the period. Altshuler Shaham Ltd’s holdings in NRG Energy were worth $4,488,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of NRG. Motiv8 Investments LLC bought a new stake in shares of NRG Energy during the fourth quarter worth approximately $27,000. Core Wealth Advisors LLC bought a new stake in shares of NRG Energy during the fourth quarter worth approximately $28,000. Creative Financial Designs Inc. ADV raised its stake in shares of NRG Energy by 321.1% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock worth $38,000 after buying an additional 183 shares during the last quarter. BOKF NA raised its stake in shares of NRG Energy by 3,714.3% during the third quarter. BOKF NA now owns 267 shares of the utilities provider’s stock worth $43,000 after buying an additional 260 shares during the last quarter. Finally, DV Equities LLC bought a new stake in shares of NRG Energy during the fourth quarter worth approximately $43,000. 97.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

NRG has been the subject of a number of recent research reports. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. The Goldman Sachs Group initiated coverage on shares of NRG Energy in a research note on Friday, March 6th. They set a “buy” rating and a $197.00 price target for the company. Morgan Stanley set a $162.00 price target on shares of NRG Energy in a research note on Thursday, May 21st. Raymond James Financial set a $210.00 price target on shares of NRG Energy in a research note on Monday, April 27th. Finally, Wolfe Research upgraded shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective for the company in a report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $199.69.

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the transaction, the vice president owned 45,111 shares in the company, valued at $5,752,554.72. This represents a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by company insiders.

NRG Energy Stock Up 0.0%

NRG Energy stock opened at $132.16 on Thursday. The stock has a market capitalization of $27.89 billion, a PE ratio of 155.49 and a beta of 1.24. NRG Energy, Inc. has a twelve month low of $120.11 and a twelve month high of $189.96. 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 50 day moving average of $143.24 and a 200-day moving average of $153.05.

NRG Energy (NYSE:NRG) last released its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.30). The company had revenue of $10.26 billion during 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%. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, equities research analysts anticipate that NRG Energy, Inc. will post 8.98 EPS for the current fiscal year.

NRG Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 1st were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Friday, May 1st. NRG Energy’s dividend payout ratio is 223.53%.

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.