NRG Energy, Inc. $NRG Shares Purchased by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA boosted its position in shares of NRG Energy, Inc. (NYSE:NRG) by 36.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,513 shares of the utilities provider’s stock after buying an additional 5,508 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in NRG Energy were worth $2,998,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. McIlrath & Eck LLC raised its position in NRG Energy by 3.0% in the 4th quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after purchasing an additional 68 shares during the last quarter. Sound Income Strategies LLC increased its stake in NRG Energy by 17.9% in the first quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock valued at $68,000 after purchasing an additional 69 shares during the period. Independence Bank of Kentucky boosted its stake in shares of NRG Energy by 4.1% during the fourth quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock worth $286,000 after buying an additional 70 shares during the period. Childress Capital Advisors LLC raised its stake in NRG Energy by 4.0% during the 4th quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after acquiring an additional 72 shares during the last quarter. Finally, Hilton Head Capital Partners LLC lifted its position in NRG Energy by 50.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock worth $32,000 after acquiring an additional 73 shares during the period. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Barclays dropped their target price on NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a research report on Monday, April 27th. Siebert Williams Shank initiated coverage on shares of NRG Energy in a research note on Monday, July 6th. They issued a “buy” rating and a $184.00 price objective on the stock. Weiss Ratings upgraded shares of NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 17th. Finally, Scotiabank raised their price target on NRG Energy from $223.00 to $226.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, NRG Energy has an average rating of “Moderate Buy” and an average price target of $199.93.

NRG Energy Price Performance

Shares of NYSE:NRG opened at $141.11 on Monday. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. The business’s fifty day moving average price is $135.67 and its two-hundred day moving average price is $148.73. The stock has a market cap of $29.77 billion, a PE ratio of 166.02 and a beta of 1.21. NRG Energy, Inc. has a one year low of $120.11 and a one year high of $189.96.

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 analysts’ consensus estimates 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 return on equity of 70.67% and a net margin of 0.74%.The business’s revenue was up 19.5% compared to the same quarter last year. During the same period last year, the firm earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts forecast that NRG Energy, Inc. will post 8.89 EPS for the current fiscal year.

NRG Energy Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be issued a dividend of $0.475 per share. The ex-dividend date is Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.3%. NRG Energy’s payout ratio is 223.53%.

Insider Buying and Selling at NRG Energy

In related 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 transaction of $2,550,400.00. Following the transaction, the vice president owned 45,111 shares of the company’s stock, valued at approximately $5,752,554.72. This represents a 30.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by corporate insiders.

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.