Commonwealth of Pennsylvania Public School Empls Retrmt SYS Grows Stock Holdings in NRG Energy, Inc. $NRG

Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 227.5% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 145,971 shares of the utilities provider’s stock after purchasing an additional 101,395 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in NRG Energy were worth $21,332,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NRG. Reaves W H & Co. Inc. lifted its stake in shares of NRG Energy by 93.5% in the 4th quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock valued at $91,026,000 after purchasing an additional 276,157 shares during the period. Hiddenite Capital Partners LP raised its holdings 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 worth $14,332,000 after purchasing an additional 20,000 shares in the last quarter. Swiss Life Asset Management Ltd raised its holdings in NRG Energy by 33.1% in the third quarter. Swiss Life Asset Management Ltd now owns 66,483 shares of the utilities provider’s stock worth $10,767,000 after purchasing an additional 16,545 shares in the last quarter. BNP Paribas Financial Markets lifted its position in NRG Energy by 83.8% during the fourth quarter. BNP Paribas Financial Markets now owns 568,464 shares of the utilities provider’s stock valued at $90,522,000 after buying an additional 259,113 shares during the period. Finally, TimesSquare Capital Management LLC boosted its holdings in shares of NRG Energy by 10.9% during the 4th quarter. TimesSquare Capital Management LLC now owns 523,205 shares of the utilities provider’s stock valued at $83,315,000 after buying an additional 51,360 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Insider Activity at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the business’s stock in a transaction on Monday, June 15th. The stock was 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. The trade was a 30.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Analysts Set New Price Targets

NRG has been the subject of several research reports. Barclays decreased their price target on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating for the company in a research note on Tuesday, March 31st. Weiss Ratings cut shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Morgan Stanley set a $165.00 target price on shares of NRG Energy in a research note on Wednesday, June 24th. Siebert Williams Shank assumed coverage on NRG Energy in a research report on Monday, July 6th. They issued a “buy” rating and a $184.00 price target on the stock. Finally, Raymond James Financial set a $210.00 price target on NRG Energy in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, NRG Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $197.80.

NRG Energy Stock Up 0.1%

Shares of NRG Energy stock opened at $140.60 on Monday. The company has a 50-day simple moving average of $136.64 and a two-hundred day simple moving average of $150.42. The stock has a market capitalization of $29.66 billion, a PE ratio of 165.41 and a beta of 1.21. NRG Energy, Inc. has a 52-week low of $120.11 and a 52-week high of $189.96. 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 posted 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 firm had revenue of $10.26 billion for the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The company’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts anticipate that NRG Energy, Inc. will post 8.89 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 paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 1.4%. The ex-dividend date was Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is currently 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.