Cetera Investment Advisers Increases Stock Position in NRG Energy, Inc. $NRG

Cetera Investment Advisers increased its position in shares of NRG Energy, Inc. (NYSE:NRG) by 4.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 120,553 shares of the utilities provider’s stock after purchasing an additional 4,902 shares during the quarter. Cetera Investment Advisers owned approximately 0.06% of NRG Energy worth $17,618,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in NRG. McIlrath & Eck LLC lifted its holdings in NRG Energy by 3.0% during the fourth quarter. McIlrath & Eck LLC now owns 2,361 shares of the utilities provider’s stock worth $376,000 after acquiring an additional 68 shares during the period. Sound Income Strategies LLC increased its holdings in NRG Energy by 17.9% during the first quarter. Sound Income Strategies LLC now owns 455 shares of the utilities provider’s stock worth $68,000 after buying an additional 69 shares during the last quarter. Independence Bank of Kentucky raised its position in NRG Energy by 4.1% in the fourth quarter. Independence Bank of Kentucky now owns 1,798 shares of the utilities provider’s stock worth $286,000 after acquiring an additional 70 shares during the period. Childress Capital Advisors LLC raised its position in NRG Energy by 4.0% in the fourth quarter. Childress Capital Advisors LLC now owns 1,892 shares of the utilities provider’s stock worth $301,000 after acquiring an additional 72 shares during the period. Finally, Hilton Head Capital Partners LLC boosted its stake in NRG Energy by 50.0% in the first quarter. Hilton Head Capital Partners LLC now owns 219 shares of the utilities provider’s stock valued at $32,000 after acquiring an additional 73 shares during the last quarter. 97.72% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on NRG shares. Williams Trading set a $184.00 target price on shares of NRG Energy in a research report on Monday, July 6th. Raymond James Financial set a $210.00 price objective on NRG Energy in a research note on Monday, April 27th. Scotiabank increased their price objective on NRG Energy from $223.00 to $226.00 and gave the company an “outperform” rating in a report on Wednesday, July 15th. Siebert Williams Shank started coverage on NRG Energy in a research report on Monday, July 6th. They issued a “buy” rating and a $184.00 target price for the company. Finally, Weiss Ratings upgraded NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $199.93.

Insider Buying and Selling

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $127.52, for a total value of $2,550,400.00. Following the completion of the transaction, the vice president directly owned 45,111 shares of the company’s stock, valued at $5,752,554.72. This trade represents a 30.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by insiders.

NRG Energy Stock Down 3.3%

NRG opened at $136.36 on Tuesday. NRG Energy, Inc. has a 12 month low of $120.11 and a 12 month high of $189.96. The company has a market cap of $28.77 billion, a PE ratio of 160.42 and a beta of 1.21. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 4.68. The company has a 50 day moving average of $135.89 and a 200 day moving average of $148.57.

NRG Energy (NYSE:NRG) last issued its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). NRG Energy had a net margin of 0.74% and a return on equity of 70.67%. The business had revenue of $10.26 billion for the quarter, compared to the consensus estimate of $8.43 billion. During the same period in the previous year, the firm earned $2.68 EPS. The company’s revenue was up 19.5% compared to the same quarter last year. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, sell-side analysts expect that NRG Energy, Inc. will post 8.89 EPS for the current year.

NRG Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Investors of record on Monday, August 3rd will be paid a dividend of $0.475 per share. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $1.90 annualized dividend and a yield of 1.4%. NRG Energy’s payout ratio is currently 223.53%.

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.