Todd Asset Management LLC Raises Holdings in NRG Energy, Inc. $NRG

Key Points

• Todd Asset Management boosted its stake in NRG Energy by 76% in the fourth quarter, and institutional investors now own 97.72% of the company.
• NRG reported Q1 earnings of $1.48 per share, missing estimates, but revenue came in at $10.26 billion and rose 19.5% year over year. The company also guided FY 2026 EPS at 7.9 to 9.9.
• NRG paid a quarterly dividend of $0.475 per share, equal to an annualized yield of about 1.4%. Analysts currently rate the stock a Moderate Buy with an average price target of $199.69.

Todd Asset Management LLC grew its position in shares of NRG Energy, Inc. (NYSE:NRG - Free Report) by 76.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 258,602 shares of the utilities provider's stock after purchasing an additional 111,632 shares during the period. Todd Asset Management LLC owned approximately 0.12% of NRG Energy worth $41,180,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. EverSource Wealth Advisors LLC grew its position in shares of NRG Energy by 7.0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 3,256 shares of the utilities provider's stock valued at $518,000 after purchasing an additional 212 shares in the last quarter. Advisory Alpha LLC grew its position in shares of NRG Energy by 14.2% during the fourth quarter. Advisory Alpha LLC now owns 3,166 shares of the utilities provider's stock valued at $504,000 after purchasing an additional 394 shares in the last quarter. Axxcess Wealth Management LLC grew its position in NRG Energy by 40.3% in the fourth quarter. Axxcess Wealth Management LLC now owns 10,986 shares of the utilities provider's stock worth $1,750,000 after acquiring an additional 3,156 shares in the last quarter. Global Retirement Partners LLC grew its position in NRG Energy by 246.2% in the fourth quarter. Global Retirement Partners LLC now owns 9,362 shares of the utilities provider's stock worth $1,491,000 after acquiring an additional 6,658 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC grew its position in NRG Energy by 7.8% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 28,160 shares of the utilities provider's stock worth $4,484,000 after acquiring an additional 2,027 shares in the last quarter. Hedge funds and other institutional investors own 97.72% of the company's stock.

NRG Energy Stock Up 0.1%

Shares of NYSE NRG opened at $137.80 on Monday. The company has a debt-to-equity ratio of 4.68, a current ratio of 0.84 and a quick ratio of 0.78. The company has a market cap of $29.07 billion, a P/E ratio of 162.12 and a beta of 1.32. NRG Energy, Inc. has a 1 year low of $121.22 and a 1 year high of $189.96. The firm has a 50-day simple moving average of $150.22 and a two-hundred day simple moving average of $157.48.

NRG Energy (NYSE:NRG - Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share (EPS) 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 the consensus estimate of $8.43 billion. NRG Energy had a return on equity of 70.67% and a net margin of 0.74%.The firm's revenue for the quarter was up 19.5% on a year-over-year basis. During the same period in the previous year, the business earned $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. Research analysts anticipate 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 paid a $0.475 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a $1.90 annualized dividend and a yield of 1.4%. NRG Energy's dividend payout ratio (DPR) is presently 223.53%.

Analyst Ratings Changes

Several research analysts recently commented on NRG shares. Morgan Stanley set a $162.00 price target on NRG Energy in a research report on Thursday. Weiss Ratings lowered NRG Energy from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday, May 7th. BNP Paribas Exane started coverage on NRG Energy in a research report on Wednesday, March 18th. They issued an "outperform" rating and a $232.00 price target for the company. Raymond James Financial set a $210.00 price target on NRG Energy in a research report on Monday, April 27th. Finally, Wolfe Research upgraded NRG Energy from a "peer perform" rating to an "outperform" rating and set a $190.00 price target for the company in a research report on Wednesday, March 18th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $199.69.

Insider Transactions at NRG Energy

In other NRG Energy news, VP Virginia Kinney sold 5,000 shares of the firm's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $156.65, for a total value of $783,250.00. Following the completion of the sale, the vice president owned 55,495 shares of the company's stock, valued at $8,693,291.75. This trade represents a 8.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.43% of the stock is currently owned by insiders.

About NRG Energy

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.

Want to see what other hedge funds are holding NRG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NRG Energy, Inc. (NYSE:NRG - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.