NRG Energy, Inc. $NRG Shares Newly Bought by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. purchased a new stake in shares of NRG Energy, Inc. (NYSE:NRG) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 325,000 shares of the utilities provider’s stock, valued at approximately $31,086,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Reyes Financial Architecture Inc. bought a new position in NRG Energy in the third quarter worth about $27,000. Salomon & Ludwin LLC lifted its holdings in NRG Energy by 69.6% in the third quarter. Salomon & Ludwin LLC now owns 290 shares of the utilities provider’s stock worth $28,000 after buying an additional 119 shares during the period. Burkett Financial Services LLC bought a new stake in NRG Energy during the 3rd quarter valued at approximately $30,000. Cassaday & Co Wealth Management LLC bought a new stake in NRG Energy during the 1st quarter valued at approximately $33,000. Finally, Wellington Altus USA Inc. purchased a new position in shares of NRG Energy during the 2nd quarter worth approximately $33,000. Hedge funds and other institutional investors own 97.72% of the company’s stock.

Insider Activity at NRG Energy

In other news, CAO Gerald Alfred Spencer sold 1,580 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $120.93, for a total value of $191,069.40. Following the sale, the chief accounting officer directly owned 6,213 shares of the company’s stock, valued at $751,338.09. The trade was a 20.27% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 currently owned by corporate insiders.

NRG Energy Trading Up 0.3%

Shares of NYSE NRG opened at $97.41 on Thursday. NRG Energy, Inc. has a 1 year low of $79.65 and a 1 year high of $189.96. The stock has a market cap of $20.55 billion, a P/E ratio of 17.15 and a beta of 1.22. The firm has a 50-day moving average of $101.23 and a 200 day moving average of $132.92. The company has a debt-to-equity ratio of 4.73, a current ratio of 0.99 and a quick ratio of 0.89.

NRG Energy (NYSE:NRG) last announced its quarterly earnings data on Monday, November 9th. The utilities provider reported $4.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.35 by $1.33. The business had revenue of $9.47 billion for the quarter, compared to analysts’ expectations of $8.42 billion. NRG Energy had a net margin of 3.60% and a return on equity of 53.20%. The business’s revenue was up 24.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.78 earnings per share. NRG Energy has set its FY 2027 guidance at 8.050-10.050 EPS and its FY 2026 guidance at 7.900-9.900 EPS. As a group, sell-side analysts expect that NRG Energy, Inc. will post 8.62 EPS for the current fiscal year.

NRG Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.4750 per share. This represents a $1.90 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, November 2nd. NRG Energy’s dividend payout ratio (DPR) is presently 33.45%.

Analysts Set New Price Targets

NRG has been the subject of several research reports. Williams Trading set a $165.00 target price on NRG Energy in a research report on Wednesday, October 21st. Zacks Research upgraded NRG Energy from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 27th. Evercore restated an “outperform” rating and set a $195.00 price target on shares of NRG Energy 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, October 9th. Finally, Wells Fargo & Company reduced their price target on NRG Energy from $209.00 to $182.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 28th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $173.44.

NRG Energy Profile

NRG Energy, Inc. is an integrated energy company that produces and sells electricity and natural gas and provides home services. Its businesses serve residential, commercial and industrial customers, primarily in the United States and Canada. The company supplies retail electricity and natural gas through a range of plans and brands, while its power-generation operations help support electricity markets across its service areas. NRG also offers energy-management programs and related services for businesses and other large customers.