Assenagon Asset Management S.A. Has $141.28 Million Stock Position in NRG Energy, Inc. $NRG

Assenagon Asset Management S.A. lifted its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 96.3% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 967,264 shares of the utilities provider’s stock after purchasing an additional 474,474 shares during the quarter. Assenagon Asset Management S.A.’s holdings in NRG Energy were worth $141,279,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Reaves W H & Co. Inc. grew its holdings in shares of NRG Energy by 93.5% during the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider’s stock worth $91,026,000 after purchasing an additional 276,157 shares during the last quarter. Hiddenite Capital Partners LP raised its holdings in NRG Energy by 28.6% in the 4th quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider’s stock valued at $14,332,000 after buying an additional 20,000 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in NRG Energy by 83.8% in the 4th 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 last quarter. TimesSquare Capital Management LLC boosted its position in NRG Energy by 10.9% during the 4th quarter. TimesSquare Capital Management LLC now owns 523,205 shares of the utilities provider’s stock worth $83,315,000 after buying an additional 51,360 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in NRG Energy by 1,799.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 134,520 shares of the utilities provider’s stock worth $21,421,000 after acquiring an additional 127,438 shares during the last quarter. 97.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Weiss Ratings cut shares of NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a research report on Monday. UBS Group reduced their price objective on shares of NRG Energy from $221.00 to $216.00 and set a “buy” rating on the stock in a research note on Tuesday, July 28th. Raymond James Financial set a $210.00 price objective on NRG Energy in a report on Monday, April 27th. BMO Capital Markets reaffirmed a “market perform” rating and set a $214.00 target price on shares of NRG Energy in a research report on Thursday. Finally, Wells Fargo & Company lifted their target price on NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a report on Thursday, July 16th. One 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 data from MarketBeat, NRG Energy has a consensus rating of “Moderate Buy” and an average price target of $199.43.

Insider Activity at NRG Energy

In related news, VP Virginia Kinney sold 20,000 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $127.52, for a total transaction of $2,550,400.00. Following the sale, the vice president owned 45,111 shares in the company, valued at $5,752,554.72. This represents a 30.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 insiders.

NRG Energy Trading Down 1.4%

NRG opened at $119.05 on Friday. NRG Energy, Inc. has a twelve month low of $112.50 and a twelve month high of $189.96. The company has a fifty day moving average of $134.46 and a 200-day moving average of $147.26. The stock has a market cap of $25.12 billion, a PE ratio of 31.50 and a beta of 1.22. The company has a quick ratio of 0.78, a current ratio of 0.97 and a debt-to-equity ratio of 5.17.

NRG Energy (NYSE:NRG) last released its earnings results on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.69 by ($0.20). The firm had revenue of $7.48 billion during the quarter, compared to analyst estimates of $7.31 billion. NRG Energy had a net margin of 2.56% and a return on equity of 52.95%. NRG Energy’s quarterly revenue was up 11.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, sell-side analysts predict that NRG Energy, Inc. will post 8.58 EPS for the current year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Monday, August 3rd will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Monday, August 3rd. NRG Energy’s payout ratio is currently 50.26%.

Key Stories Impacting NRG Energy

Here are the key news stories impacting NRG Energy this week:

• Positive Sentiment: NRG is pursuing a 1.2-gigawatt Texas data-center power project valued at approximately $3.2 billion. The project is designed around customer-backed demand and protected returns, potentially creating more predictable cash flows and supporting the company’s growth strategy. NRG Energy Q2 Earnings Call Focuses on Customer-Backed Power
• Positive Sentiment: A Seeking Alpha analysis upgraded NRG’s rating, citing the company’s aggressive gigawatt-scale expansion and exposure to rising electricity demand from data centers. NRG Energy: Aggressive GW Expansion
• Positive Sentiment: Scotiabank maintained a “sector outperform” rating despite lowering its price target from $226 to $211, implying substantial upside based on the cited current price. The target reduction nevertheless reflects more cautious near-term expectations.
• Neutral Sentiment: NRG’s “bring your own power” approach seeks to help large customers secure electricity directly, but the strategy depends on the company’s ability to obtain equipment, labor and infrastructure efficiently. The POWER Interview: NRG’s Case for Bring Your Own Power
• Negative Sentiment: Second-quarter adjusted EPS was $1.49, below the $1.69 analyst consensus and down from $1.73 a year earlier. Revenue reached $7.48 billion, exceeding estimates and rising 11% year over year, but the earnings shortfall drove investor disappointment.
• Negative Sentiment: Reports attributed the selloff to the earnings miss, with NRG falling to a new 12-month low and remaining close to its 52-week low. The reaction indicates that investors are currently prioritizing near-term earnings execution over the company’s longer-term data-center opportunity. Why Shares of NRG Energy Are Crashing This Week

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.