Donoghue Forlines LLC Buys 13,241 Shares of NRG Energy, Inc. $NRG

Donoghue Forlines LLC raised its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 143.4% during the 4th quarter, Holdings Channel reports. The institutional investor owned 22,473 shares of the utilities provider’s stock after buying an additional 13,241 shares during the period. NRG Energy comprises approximately 1.1% of Donoghue Forlines LLC’s holdings, making the stock its 10th largest position. Donoghue Forlines LLC’s holdings in NRG Energy were worth $3,579,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Quent Capital LLC acquired a new position in NRG Energy during the 3rd quarter valued at about $25,000. Atlantic Union Bankshares Corp increased its stake in NRG Energy by 90.4% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 179 shares of the utilities provider’s stock valued at $29,000 after buying an additional 85 shares during the period. BOKF NA grew its stake in shares of NRG Energy by 3,714.3% in the 3rd quarter. BOKF NA now owns 267 shares of the utilities provider’s stock worth $43,000 after purchasing an additional 260 shares during the last quarter. Beaird Harris Wealth Management LLC grew its stake in shares of NRG Energy by 1,970.6% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 352 shares of the utilities provider’s stock worth $57,000 after purchasing an additional 335 shares during the last quarter. Finally, First Horizon Corp acquired a new position in shares of NRG Energy in the 3rd quarter worth approximately $67,000. Institutional investors and hedge funds own 97.72% of the company’s stock.

NRG Energy Stock Performance

NRG Energy stock opened at $134.67 on Friday. The firm’s 50 day simple moving average is $153.26 and its 200-day simple moving average is $159.29. The company has a market cap of $28.41 billion, a P/E ratio of 158.43 and a beta of 1.32. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. NRG Energy, Inc. has a fifty-two week low of $129.24 and a fifty-two week high of $189.96.

NRG Energy (NYSE:NRG) last released its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.78 by ($0.30). The firm had revenue of $10.26 billion during the quarter, compared to analysts’ expectations of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The business’s revenue was up 19.5% on a year-over-year basis. During the same period last year, the business earned $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. As a group, equities research analysts predict that NRG Energy, Inc. will post 8.82 EPS for the current year.

NRG Energy Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be given a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, May 1st. NRG Energy’s dividend payout ratio (DPR) is 223.53%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on NRG shares. Wells Fargo & Company lifted their price objective on shares of NRG Energy from $202.00 to $206.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Jefferies Financial Group lowered their price objective on shares of NRG Energy from $198.00 to $181.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Wolfe Research raised shares of NRG Energy from a “peer perform” rating to an “outperform” rating and set a $190.00 price objective on the stock in a research note on Wednesday, March 18th. Zacks Research raised shares of NRG Energy from a “strong sell” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, Raymond James Financial set a $210.00 price objective on shares of NRG Energy in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, NRG Energy has a consensus rating of “Moderate Buy” and a consensus price target of $199.46.

Insider Buying and Selling at NRG Energy

In other news, VP Virginia Kinney sold 5,000 shares of NRG Energy stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the transaction, the vice president directly owned 55,495 shares of the company’s stock, valued at $8,693,291.75. This trade represents a 8.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.43% of the stock is currently owned by company insiders.

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.