Empowered Funds LLC Invests $1.40 Million in NuScale Power Corporation $SMR

Key Points

• Empowered Funds LLC acquired 129,492 NuScale Power shares worth approximately $1.4 million, while institutional ownership reached 78.37% after several other funds increased their stakes.
• NuScale reported a quarterly loss of $0.13 per share in line with estimates, but revenue fell 99.1% year over year to about $70,000, far below the $8.8 million consensus forecast.
• Analyst sentiment remains mixed, with an overall Hold rating and average price target of $14.12; recent targets ranged from a $6.50 Sell view at Citigroup to $16 at Northland Securities.

Empowered Funds LLC purchased a new position in shares of NuScale Power Corporation (NYSE:SMR - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 129,492 shares of the company's stock, valued at approximately $1,404,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada lifted its holdings in shares of NuScale Power by 623.4% in the 1st quarter. Royal Bank of Canada now owns 457,276 shares of the company's stock valued at $6,475,000 after purchasing an additional 394,065 shares during the last quarter. AQR Capital Management LLC grew its stake in NuScale Power by 37.4% during the first quarter. AQR Capital Management LLC now owns 37,614 shares of the company's stock worth $533,000 after buying an additional 10,244 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in NuScale Power during the first quarter worth approximately $390,000. Jones Financial Companies Lllp increased its position in shares of NuScale Power by 9.1% in the first quarter. Jones Financial Companies Lllp now owns 16,793 shares of the company's stock worth $238,000 after acquiring an additional 1,394 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of NuScale Power by 1,220.7% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,845,116 shares of the company's stock valued at $26,127,000 after acquiring an additional 1,705,411 shares during the period. 78.37% of the stock is currently owned by hedge funds and other institutional investors.

NuScale Power Price Performance

NYSE:SMR opened at $9.81 on Friday. NuScale Power Corporation has a one year low of $7.21 and a one year high of $57.42. The stock has a market cap of $3.59 billion, a P/E ratio of -3.36 and a beta of 2.26. The company has a fifty day moving average price of $9.70 and a 200 day moving average price of $11.93.

NuScale Power (NYSE:SMR - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported ($0.13) EPS for the quarter, hitting analysts' consensus estimates of ($0.13). NuScale Power had a negative net margin of 3,888.70% and a negative return on equity of 46.91%. The firm had revenue of $0.07 million during the quarter, compared to analysts' expectations of $8.80 million. During the same quarter last year, the company earned ($0.11) earnings per share. The company's revenue for the quarter was down 99.1% compared to the same quarter last year. As a group, equities research analysts anticipate that NuScale Power Corporation will post -0.46 EPS for the current year.

Insider Transactions at NuScale Power

In other NuScale Power news, COO Carl M. Fisher sold 18,771 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $9.36, for a total value of $175,696.56. Following the sale, the chief operating officer owned 114,718 shares in the company, valued at $1,073,760.48. This represents a 14.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.28% of the company's stock.

Key Headlines Impacting NuScale Power

Here are the key news stories impacting NuScale Power this week:

• Positive Sentiment: Management emphasized discussions with the Tennessee Valley Authority and near-term deployment readiness. Approved reactor designs, available fuel, qualified suppliers and approximately $1.9 billion in liquidity could help NuScale advance projects despite limited current revenue. SMR Q2 Earnings Call Focuses on TVA and Deployment Readiness
• Positive Sentiment: NuScale, Curio and Framatome signed a memorandum of understanding to evaluate fuel recycling, manufacturing and other advanced nuclear-fuel-cycle technologies. The agreement may strengthen NuScale’s long-term commercialization prospects and address fuel-supply needs for future reactors. Curio, NuScale Power, and Framatome Sign Strategic MOU
• Positive Sentiment: Northland Securities maintained its Buy rating, while Canaccord Genuity retained a Buy rating despite reducing its price target from $25 to $15. The continued bullish ratings reflect confidence in future reactor deployments, though the lower target signals a more cautious valuation view. Northland Securities Keeps Buy Rating
• Neutral Sentiment: Analyst sentiment remains mixed. Several firms are neutral, and the reported consensus rating is Hold with an average target near $14.12. This suggests potential upside, but also substantial uncertainty around execution and timing. Analysts Are Neutral on NuScale Power
• Neutral Sentiment: COO Carl Fisher sold 18,771 shares worth approximately $176,000 to cover tax withholding on vested equity awards. Because the transaction was tax-related, it may have limited bearish significance, although his direct ownership fell 14.06%. SEC insider transaction filing
• Negative Sentiment: Second-quarter revenue plunged about 99% year over year to roughly $70,000–$80,000, far below the $8.8 million estimate, as RoPower-related work wound down. The $0.13-per-share loss met expectations, but the revenue miss highlights commercialization-timing risk and continuing operating losses. SMR Q2 Earnings Meet Estimates, Revenues Miss
• Negative Sentiment: Citigroup lowered its price target from $7.50 to $6.50 and maintained a Sell rating, implying that current fundamentals do not yet justify the stock’s valuation. Citigroup price-target update

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Northland Securities set a $16.00 target price on shares of NuScale Power in a research report on Thursday. Weiss Ratings reiterated a "sell (d-)" rating on shares of NuScale Power in a research report on Wednesday, June 24th. Truist Financial began coverage on NuScale Power in a research note on Monday, July 13th. They set a "hold" rating and a $10.00 price objective for the company. HSBC assumed coverage on shares of NuScale Power in a report on Thursday, April 23rd. They set a "hold" rating and a $13.00 price target for the company. Finally, Barclays lowered their price target on shares of NuScale Power from $15.00 to $11.00 and set an "equal weight" rating on the stock in a report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, nine have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to MarketBeat, NuScale Power presently has an average rating of "Hold" and an average price target of $14.12.

NuScale Power Company Profile

NuScale Power Corporation, trading on the NYSE American under the ticker SMR, is a pioneering developer of small modular nuclear reactors. Established in 2007 as a spinout from Oregon State University, the company is headquartered in Portland, Oregon. NuScale’s mission is to deliver zero-carbon baseload power through scalable modular reactor technology, aiming to transform traditional nuclear energy deployment.

At the core of NuScale’s offering is the VOYGR small modular reactor design, featuring 77-megawatt electric (MWe) modules with passive safety systems.

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