Nykredit A S Makes New $9.49 Million Investment in NRG Energy, Inc. $NRG

Nykredit A S bought a new stake in NRG Energy, Inc. (NYSE:NRG) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 65,008 shares of the utilities provider’s stock, valued at approximately $9,495,000.

Several other institutional investors also recently made changes to their positions in NRG. MV Capital Management Inc. acquired a new position in NRG Energy during the 4th quarter valued at approximately $27,000. Motiv8 Investments LLC acquired a new stake in NRG Energy in the fourth quarter worth $27,000. Core Wealth Advisors LLC bought a new stake in NRG Energy in the fourth quarter valued at $28,000. EMC Capital Management acquired a new position in shares of NRG Energy during the fourth quarter valued at $30,000. Finally, SHP Wealth Management acquired a new stake in shares of NRG Energy in the 4th quarter worth about $32,000. 97.72% of the stock is owned by institutional investors.

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 20,000 shares of the company’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 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 ownership of the stock. The sale was disclosed in a filing with the SEC, 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.

NRG Energy Trading Up 5.9%

NRG Energy stock opened at $118.47 on Friday. NRG Energy, Inc. has a 12-month low of $108.34 and a 12-month high of $189.96. The company has a debt-to-equity ratio of 5.17, a current ratio of 0.97 and a quick ratio of 0.89. The stock has a market capitalization of $25.00 billion, a PE ratio of 31.34 and a beta of 1.18. The firm has a 50 day simple moving average of $127.20 and a 200-day simple moving average of $141.82.

NRG Energy (NYSE:NRG) last announced its earnings results on Tuesday, August 4th. The utilities provider reported $1.49 EPS for the quarter, missing the consensus estimate of $1.69 by ($0.20). The firm had revenue of $7.48 billion for the quarter, compared to the consensus estimate of $7.31 billion. NRG Energy had a return on equity of 52.95% and a net margin of 2.56%.NRG Energy’s revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities research analysts expect that NRG Energy, Inc. will post 8.6 EPS for the current fiscal year.

NRG Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Monday, August 3rd were 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 was Monday, August 3rd. NRG Energy’s payout ratio is currently 50.26%.

Wall Street Analysts Forecast Growth

NRG has been the subject of several recent analyst reports. Scotiabank decreased their target price on shares of 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 upgraded NRG Energy from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Monday, August 17th. Evercore reiterated an “outperform” rating and set a $195.00 price target on shares of NRG Energy in a research report on Wednesday, August 5th. Williams Trading set a $184.00 price target on NRG Energy in a research note on Monday, July 6th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $214.00 price target on shares of NRG Energy in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $198.43.

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.