Todd Asset Management LLC Buys 111,632 Shares of NRG Energy, Inc. $NRG

Todd Asset Management LLC grew its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 76.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 258,602 shares of the utilities provider’s stock after acquiring an additional 111,632 shares during the period. Todd Asset Management LLC’s holdings in NRG Energy were worth $41,180,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of NRG. Catalyst Financial Partners LLC raised its stake in NRG Energy by 5.0% in the third quarter. Catalyst Financial Partners LLC now owns 1,410 shares of the utilities provider’s stock worth $228,000 after buying an additional 67 shares in the last quarter. McIlrath & Eck LLC grew its holdings in shares of NRG Energy by 3.0% during the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock valued at $376,000 after buying an additional 68 shares during the last quarter. Independence Bank of Kentucky grew its holdings 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 valued at $286,000 after buying an additional 70 shares during the last quarter. Childress Capital Advisors LLC grew its holdings in shares of NRG Energy by 4.0% during the fourth quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock valued at $301,000 after buying an additional 72 shares during the last quarter. Finally, WT Wealth Management grew its holdings in shares of NRG Energy by 5.4% during the fourth quarter. WT Wealth Management now owns 1,435 shares of the utilities provider’s stock valued at $229,000 after buying an additional 74 shares during the last quarter. Institutional investors own 97.72% of the company’s stock.

Insider Buying and Selling

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the completion of the sale, the vice president owned 55,495 shares in the company, valued at approximately $8,693,291.75. This represents a 8.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.43% of the company’s stock.

NRG Energy Stock Up 0.1%

NRG opened at $137.80 on Monday. NRG Energy, Inc. has a twelve month low of $121.22 and a twelve month high of $189.96. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 4.68. The company has a 50-day moving average price of $150.22 and a 200 day moving average price of $157.48. The company has a market cap of $29.07 billion, a PE ratio of 162.12 and a beta of 1.32.

NRG Energy (NYSE:NRG) last released its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 EPS for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The business had revenue of $10.26 billion during the quarter, compared to analyst estimates of $8.43 billion. NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The firm’s revenue was up 19.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Sell-side analysts expect that NRG Energy, Inc. will post 8.98 earnings per share for the current fiscal year.

NRG Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 1st were issued a $0.475 dividend. The ex-dividend date was Friday, May 1st. This represents a $1.90 dividend on an annualized basis and a yield of 1.4%. NRG Energy’s dividend payout ratio is presently 223.53%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Barclays dropped their price objective on shares of NRG Energy from $203.00 to $200.00 and set an “overweight” rating on the stock in a report on Tuesday, March 31st. The Goldman Sachs Group assumed coverage on shares of NRG Energy in a report on Friday, March 6th. They set a “buy” rating and a $197.00 price objective on the stock. Evercore assumed coverage on shares of NRG Energy in a report on Wednesday, February 25th. They issued an “outperform” rating and a $215.00 price target on the stock. Morgan Stanley set a $162.00 price target on shares of NRG Energy in a report on Thursday. Finally, Weiss Ratings lowered shares of NRG Energy from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NRG Energy currently has an average rating of “Moderate Buy” and an average target price of $199.69.

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.