3,241,068 Shares in NRG Energy, Inc. $NRG Bought by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon initiated a position of 3.24 million NRG Energy shares worth approximately $473.4 million, representing about 1.54% of the company. Institutional investors collectively own 97.72% of NRG’s stock.
• NRG reported quarterly EPS of $1.49, below the $1.69 consensus estimate, while revenue rose 11% year over year to $7.48 billion. The company maintained fiscal 2026 EPS guidance of $7.90–$9.90.
• NRG paid a quarterly dividend of $0.475 per share, equal to an annualized $1.90 and a 1.7% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $198.43.

Bank of New York Mellon Corp bought a new position in shares of NRG Energy, Inc. (NYSE:NRG - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 3,241,068 shares of the utilities provider's stock, valued at approximately $473,391,000. Bank of New York Mellon Corp owned approximately 1.54% of NRG Energy as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Reaves W H & Co. Inc. raised its holdings in shares of NRG Energy by 93.5% in the fourth quarter. Reaves W H & Co. Inc. now owns 571,628 shares of the utilities provider's stock worth $91,026,000 after acquiring an additional 276,157 shares during the last quarter. Hiddenite Capital Partners LP boosted its stake in shares of NRG Energy by 28.6% during the fourth quarter. Hiddenite Capital Partners LP now owns 90,000 shares of the utilities provider's stock valued at $14,332,000 after acquiring an additional 20,000 shares during the last quarter. BNP Paribas Financial Markets increased its position in NRG Energy by 83.8% during the 4th quarter. BNP Paribas Financial Markets now owns 568,464 shares of the utilities provider's stock worth $90,522,000 after purchasing an additional 259,113 shares in the last quarter. TimesSquare Capital Management LLC increased its position in NRG Energy by 10.9% during the 4th quarter. TimesSquare Capital Management LLC now owns 523,205 shares of the utilities provider's stock worth $83,315,000 after purchasing an additional 51,360 shares in the last quarter. Finally, Tema ETFs LLC raised its stake in NRG Energy by 1,481.8% in the 2nd quarter. Tema ETFs LLC now owns 59,745 shares of the utilities provider's stock valued at $8,726,000 after purchasing an additional 55,968 shares during the last quarter. 97.72% of the stock is owned by hedge funds and other institutional investors.

NRG Energy Trading Down 1.7%

NYSE NRG opened at $113.43 on Friday. The company has a debt-to-equity ratio of 5.17, a quick ratio of 0.89 and a current ratio of 0.97. NRG Energy, Inc. has a one year low of $112.50 and a one year high of $189.96. The company has a 50-day simple moving average of $132.25 and a 200-day simple moving average of $144.77. The firm has a market capitalization of $23.93 billion, a PE ratio of 30.01 and a beta of 1.22.

NRG Energy (NYSE:NRG - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The utilities provider reported $1.49 earnings per share for the quarter, missing the consensus estimate of $1.69 by ($0.20). The business had revenue of $7.48 billion for the quarter, compared to analyst estimates 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 was up 11.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.73 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, equities analysts forecast that NRG Energy, Inc. will post 8.42 earnings per share for the current year.

NRG Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Investors of record on Monday, August 3rd were given a dividend of $0.475 per share. The ex-dividend date was Monday, August 3rd. This represents a $1.90 dividend on an annualized basis and a yield of 1.7%. NRG Energy's payout ratio is currently 50.26%.

Analyst Ratings Changes

A number of brokerages have recently commented on NRG. Siebert Williams Shank started coverage on shares of NRG Energy in a report on Monday, July 6th. They set a "buy" rating and a $184.00 price target for the company. Scotiabank cut their price target on NRG Energy from $226.00 to $211.00 and set a "sector outperform" rating for the company in a report on Wednesday, August 5th. BNP Paribas Exane set a $221.00 price objective on NRG Energy in a research report on Wednesday. Evercore reissued an "outperform" rating and issued a $195.00 price target on shares of NRG Energy in a research note on Wednesday, August 5th. Finally, Williams Trading set a $184.00 price target on NRG Energy in a report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $198.43.

Insider Buying and Selling

In related 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 transaction of $2,550,400.00. Following the completion of the transaction, the vice president directly owned 45,111 shares in the company, valued at $5,752,554.72. This represents a 30.72% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 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.

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