NRG Energy, Inc. $NRG Position Decreased by Kieckhefer Group LLC

Kieckhefer Group LLC trimmed its holdings in shares of NRG Energy, Inc. (NYSE:NRG) by 44.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,975 shares of the utilities provider’s stock after selling 4,750 shares during the quarter. Kieckhefer Group LLC’s holdings in NRG Energy were worth $572,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Foster & Motley Inc. purchased a new position in NRG Energy during the second quarter worth about $2,014,000. Tema ETFs LLC raised its stake in shares of NRG Energy by 1,481.8% in the 2nd quarter. Tema ETFs LLC now owns 59,745 shares of the utilities provider’s stock valued at $8,726,000 after acquiring an additional 55,968 shares during the period. Oliver Luxxe Assets LLC purchased a new stake in shares of NRG Energy in the 2nd quarter valued at approximately $6,456,000. Border to Coast Pensions Partnership Ltd lifted its holdings in shares of NRG Energy by 60.1% in the 1st quarter. Border to Coast Pensions Partnership Ltd now owns 372,371 shares of the utilities provider’s stock worth $54,585,000 after acquiring an additional 139,748 shares during the last quarter. Finally, Oaktree Capital Management LP acquired a new position in shares of NRG Energy in the 1st quarter worth approximately $7,165,000. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

NRG Energy Stock Down 0.1%

NRG stock traded down $0.12 during midday trading on Tuesday, hitting $106.25. The company’s stock had a trading volume of 900,671 shares, compared to its average volume of 2,742,958. The firm has a 50-day simple moving average of $110.46 and a 200-day simple moving average of $130.79. The firm has a market capitalization of $22.42 billion, a P/E ratio of 28.11 and a beta of 1.17. The company has a quick ratio of 0.89, a current ratio of 0.97 and a debt-to-equity ratio of 5.17. NRG Energy, Inc. has a 52-week low of $93.36 and a 52-week high of $189.96.

NRG Energy (NYSE:NRG) last posted its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing analysts’ consensus estimates of $1.69 by ($0.20). The company had revenue of $7.48 billion for the quarter, compared to analysts’ expectations of $7.31 billion. NRG Energy had a return on equity of 52.95% and a net margin of 2.56%. The firm’s revenue was up 11.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities analysts forecast that NRG Energy, Inc. will post 8.61 EPS for the current year.

NRG Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were paid a dividend of $0.4750 per share. This represents a $1.90 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, August 3rd. NRG Energy’s payout ratio is presently 50.26%.

Insiders Place Their Bets

In other NRG Energy news, CAO Gerald Alfred Spencer sold 1,580 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $120.93, for a total transaction of $191,069.40. Following the sale, the chief accounting officer owned 6,213 shares in the company, valued at $751,338.09. This represents a 20.27% decrease in their position. The sale 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. 0.43% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. BMO Capital Markets reiterated a “market perform” rating and issued a $214.00 target price on shares of NRG Energy in a report on Thursday, August 6th. Wells Fargo & Company upped their price target on NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Scotiabank lowered their price target on NRG Energy from $226.00 to $211.00 and set a “sector outperform” rating for the company in a research report on Wednesday, August 5th. Weiss Ratings raised NRG Energy from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday. Finally, Morgan Stanley dropped their price objective on NRG Energy from $162.00 to $159.00 and set an “equal weight” rating for the company in a research note on Friday, September 18th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NRG Energy currently has an average rating of “Moderate Buy” and an average target price of $198.21.

NRG Energy Company Profile

NRG Energy, Inc (NYSE:NRG) is an integrated power and home services company headquartered in Houston, Texas. The company produces and sells electricity and natural gas and provides energy-related products and services to residential, commercial, industrial and institutional customers.

NRG operates power generation assets that use a range of fuel sources, including natural gas, coal, nuclear power and renewable energy. It also develops and supports technologies such as battery storage and offers electricity, natural gas, renewable energy and energy-management services through retail brands including Reliant, Direct Energy, Green Mountain Energy and other regional providers.

In addition to its energy business, NRG provides smart-home, security, automation and related services through its Vivint operations.