Union Square Park Capital Management LLC Sells 10,000 Shares of NRG Energy, Inc. $NRG

Union Square Park Capital Management LLC reduced its stake in shares of NRG Energy, Inc. (NYSE:NRG) by 50.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 10,000 shares of the utilities provider’s stock after selling 10,000 shares during the period. NRG Energy comprises approximately 0.8% of Union Square Park Capital Management LLC’s portfolio, making the stock its 28th biggest position. Union Square Park Capital Management LLC’s holdings in NRG Energy were worth $1,592,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Motiv8 Investments LLC bought a new stake in NRG Energy during the 4th quarter worth approximately $27,000. Core Wealth Advisors LLC bought a new stake in NRG Energy during the 4th quarter worth approximately $28,000. Creative Financial Designs Inc. ADV increased its holdings in NRG Energy by 321.1% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 240 shares of the utilities provider’s stock worth $38,000 after purchasing an additional 183 shares in the last quarter. BOKF NA increased its holdings in NRG Energy by 3,714.3% during the 3rd quarter. BOKF NA now owns 267 shares of the utilities provider’s stock worth $43,000 after purchasing an additional 260 shares in the last quarter. Finally, Hantz Financial Services Inc. increased its holdings in NRG Energy by 140.2% during the 4th quarter. Hantz Financial Services Inc. now owns 293 shares of the utilities provider’s stock worth $47,000 after purchasing an additional 171 shares in the last quarter. 97.72% of the stock is owned by institutional investors.

NRG Energy Price Performance

Shares of NYSE:NRG opened at $132.14 on Wednesday. The company’s 50-day moving average is $143.60 and its 200 day moving average is $153.31. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.78 and a current ratio of 0.84. The company has a market capitalization of $27.88 billion, a P/E ratio of 155.46 and a beta of 1.24. NRG Energy, Inc. has a fifty-two week low of $120.11 and a fifty-two week high of $189.96.

NRG Energy (NYSE:NRG) last issued its quarterly earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The company 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%.NRG Energy’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period last year, the firm posted $2.68 earnings per share. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, equities research analysts forecast that NRG Energy, Inc. will post 8.98 earnings per share for the current year.

NRG Energy Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Weiss Ratings lowered NRG Energy from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 11th. Evercore assumed coverage on NRG Energy in a report on Wednesday, February 25th. They set an “outperform” rating and a $215.00 price objective for the company. BNP Paribas Exane assumed coverage on NRG Energy in a report on Wednesday, March 18th. They issued an “outperform” rating and a $232.00 target price for the company. The Goldman Sachs Group assumed coverage on NRG Energy in a report on Friday, March 6th. They issued a “buy” rating and a $197.00 target price for the company. Finally, Morgan Stanley set a $162.00 target price on NRG Energy in a report on Thursday, May 21st. One investment 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. Based on data from MarketBeat.com, NRG Energy has an average rating of “Moderate Buy” and a consensus target price of $199.69.

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.