Bank of America Corp DE Raises Holdings in NRG Energy, Inc. $NRG

Key Points

• Bank of America increased its NRG Energy stake by 16.7%, purchasing 313,410 additional shares to hold 2.19 million shares worth approximately $320.4 million. Institutional investors collectively own 97.72% of the company.
• NRG reported quarterly earnings of $1.48 per share, missing the $1.78 consensus estimate, while revenue rose 19.5% year over year to $10.26 billion. The company maintained fiscal 2026 EPS guidance of $7.90–$9.90.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $201.79 versus the stock’s reported $134.56 price. NRG also declared a quarterly dividend of $0.475 per share, implying a 1.4% annual yield.

Bank of America Corp DE raised its stake in NRG Energy, Inc. (NYSE:NRG - Free Report) by 16.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,192,394 shares of the utilities provider's stock after purchasing an additional 313,410 shares during the period. Bank of America Corp DE owned about 1.04% of NRG Energy worth $320,396,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in NRG. Motiv8 Investments LLC purchased a new stake in shares of NRG Energy in the 4th quarter valued at approximately $27,000. MV Capital Management Inc. purchased a new position in NRG Energy in the fourth quarter valued at $27,000. Core Wealth Advisors LLC purchased a new position in NRG Energy in the fourth quarter valued at $28,000. EMC Capital Management acquired a new stake in NRG Energy in the fourth quarter valued at $30,000. Finally, SHP Wealth Management purchased a new stake in NRG Energy during the 4th quarter worth about $32,000. 97.72% of the stock is currently owned by hedge funds and other institutional investors.

NRG Energy Stock Up 0.2%

Shares of NRG Energy stock opened at $134.56 on Monday. NRG Energy, Inc. has a one year low of $120.11 and a one year high of $189.96. The company has a market cap of $28.39 billion, a P/E ratio of 158.30 and a beta of 1.22. 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 firm has a fifty day moving average of $135.63 and a two-hundred day moving average of $148.07.

NRG Energy (NYSE:NRG - Get Free Report) last issued 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 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 period in the previous year, the firm earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, analysts forecast that NRG Energy, Inc. will post 9.7 earnings per share for the current year.

NRG Energy Announces Dividend

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

Insider Activity at NRG Energy

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on NRG shares. Siebert Williams Shank assumed coverage on NRG Energy in a research report on Monday, July 6th. They set a "buy" rating and a $184.00 price objective for the company. Williams Trading set a $184.00 target price on NRG Energy in a research note on Monday, July 6th. Morgan Stanley set a $165.00 price target on NRG Energy in a report on Wednesday, June 24th. Raymond James Financial set a $210.00 price target on shares of NRG Energy in a research note on Monday, April 27th. Finally, UBS Group cut their price objective on shares of NRG Energy from $221.00 to $216.00 and set a "buy" rating on the stock in a report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $201.79.

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.

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