NRG Energy (NYSE:NRG) Shares Acquired Sen. John Boozman

Senator John Boozman (R-Arkansas) recently bought shares of NRG Energy, Inc. NYSE: NRG. In a filing disclosed on February 08th, the Senator disclosed that they had bought between $1,001 and $15,000 in NRG Energy stock on January 28th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of HP NYSE: HPQ on 1/28/2025.
• Sold $1,001 - $15,000 in shares of iShares S&P 500 Growth ETF NYSEARCA: IVW on 1/28/2025.
• Purchased $1,001 - $15,000 in shares of Invesco Short Term Treasury ETF NYSEARCA: TBLL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of SPDR S&P 500 ETF Trust NYSEARCA: SPY on 1/16/2025.
• Purchased $1,001 - $15,000 in shares of Invesco Short Term Treasury ETF NYSEARCA: TBLL on 1/16/2025.
• Purchased $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 1/14/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 1/14/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 1/14/2025.
• Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/14/2025.
• Sold $1,001 - $15,000 in shares of Invesco QQQ NASDAQ: QQQ on 1/14/2025.

NRG Energy Trading Down 0.8 %

Shares of NRG Energy stock traded down $0.81 during midday trading on Tuesday, reaching $104.38. 993,116 shares of the company's stock traded hands, compared to its average volume of 3,003,498. The company has a market cap of $21.14 billion, a PE ratio of 26.19, a price-to-earnings-growth ratio of 1.22 and a beta of 1.15. The stock has a 50 day moving average of $98.70 and a 200-day moving average of $90.66. NRG Energy, Inc. has a 12 month low of $51.26 and a 12 month high of $115.38. The company has a debt-to-equity ratio of 5.57, a quick ratio of 1.10 and a current ratio of 1.17.

NRG Energy Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 18th. Stockholders of record on Monday, February 3rd will be given a $0.44 dividend. This is a positive change from NRG Energy's previous quarterly dividend of $0.41. This represents a $1.76 dividend on an annualized basis and a dividend yield of 1.69%. The ex-dividend date is Monday, February 3rd. NRG Energy's dividend payout ratio (DPR) is currently 44.22%.

Institutional Investors Weigh In On NRG Energy

A number of institutional investors have recently modified their holdings of the stock. M&T Bank Corp grew its position in NRG Energy by 0.3% during the 3rd quarter. M&T Bank Corp now owns 38,213 shares of the utilities provider's stock valued at $3,481,000 after purchasing an additional 113 shares during the last quarter. McIlrath & Eck LLC increased its position in shares of NRG Energy by 4.5% during the third quarter. McIlrath & Eck LLC now owns 2,630 shares of the utilities provider's stock valued at $240,000 after acquiring an additional 113 shares in the last quarter. Schechter Investment Advisors LLC raised its holdings in NRG Energy by 0.8% in the 4th quarter. Schechter Investment Advisors LLC now owns 15,916 shares of the utilities provider's stock worth $1,436,000 after acquiring an additional 120 shares during the last quarter. Mather Group LLC. boosted its stake in NRG Energy by 18.4% during the 4th quarter. Mather Group LLC. now owns 803 shares of the utilities provider's stock valued at $72,000 after purchasing an additional 125 shares during the last quarter. Finally, Castle Rock Wealth Management LLC increased its holdings in shares of NRG Energy by 3.5% in the 3rd quarter. Castle Rock Wealth Management LLC now owns 3,746 shares of the utilities provider's stock worth $356,000 after purchasing an additional 126 shares in the last quarter. 97.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Evercore ISI raised shares of NRG Energy from an "in-line" rating to an "outperform" rating and raised their target price for the stock from $74.00 to $126.00 in a research report on Tuesday, January 21st. Wells Fargo & Company lifted their price objective on NRG Energy from $130.00 to $140.00 and gave the company an "overweight" rating in a research report on Monday, November 11th. BMO Capital Markets increased their target price on NRG Energy from $94.00 to $100.00 and gave the stock a "market perform" rating in a research report on Tuesday, November 19th. Citigroup lifted their price target on NRG Energy from $84.00 to $100.00 and gave the company a "buy" rating in a research report on Thursday, October 31st. Finally, Jefferies Financial Group raised NRG Energy from a "hold" rating to a "buy" rating and raised their price objective for the company from $93.00 to $113.00 in a research report on Tuesday, November 26th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, NRG Energy presently has an average rating of "Moderate Buy" and an average price target of $111.43.

Insider Transactions at NRG Energy

In other NRG Energy news, VP Robert J. Gaudette sold 60,000 shares of the business's stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $91.41, for a total transaction of $5,484,600.00. Following the completion of the sale, the vice president now directly owns 64,448 shares in the company, valued at $5,891,191.68. The trade was a 48.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Bruce Chung sold 20,000 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was sold at an average price of $97.63, for a total transaction of $1,952,600.00. Following the completion of the transaction, the chief financial officer now owns 69,454 shares in the company, valued at $6,780,794.02. This trade represents a 22.36 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.86% of the company's stock.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

About NRG Energy

NRG Energy, Inc, together with its subsidiaries, operates as an energy and home services company in the United States and Canada. It operates through Texas; East; West/Services/Other; Vivint Smart Home; and Corporate Activities segments. The company produces and sells electricity generated using coal, oil, solar, and battery storage; natural gas; and a cloud-based home platform, including hardware, software, sales, installation, customer service, technical support, and professional monitoring solutions.