The Manufacturers Life Insurance Company Has $19.95 Million Holdings in NRG Energy, Inc. $NRG

02 Aug 2026, 06:01 by Renee Jackson · The Cerbat Gem

The Manufacturers Life Insurance Company grew its stake in shares of NRG Energy, Inc. (NYSE:NRG – Free Report) by 2.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 136,494 shares of the utilities provider’s stock after buying an additional 3,899 shares during the period. The Manufacturers Life Insurance Company’s holdings in NRG Energy were worth $19,947,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in NRG Energy by 41.8% during the fourth quarter. Brighton Jones LLC now owns 5,187 shares of the utilities provider’s stock worth $468,000 after purchasing an additional 1,528 shares during the period. Integrated Wealth Concepts LLC acquired a new position in NRG Energy in the first quarter worth $323,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in NRG Energy by 7.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,257 shares of the utilities provider’s stock worth $1,934,000 after acquiring an additional 1,381 shares during the last quarter. Woodline Partners LP increased its holdings in shares of NRG Energy by 40.7% in the first quarter. Woodline Partners LP now owns 17,114 shares of the utilities provider’s stock valued at $1,634,000 after purchasing an additional 4,949 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of NRG Energy during the second quarter worth $7,937,000. 97.72% of the stock is owned by institutional investors.

NRG Energy Stock Performance

Shares of NRG stock opened at $134.56 on Friday. NRG Energy, Inc. has a 52 week low of $120.11 and a 52 week high of $189.96. The company has a 50-day simple moving average of $135.63 and a 200 day simple moving average of $148.07. 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 company has a market capitalization of $28.39 billion, a price-to-earnings ratio of 158.30 and a beta of 1.21.

NRG Energy (NYSE:NRG – Get Free Report) last announced its earnings results on Wednesday, May 6th. The utilities provider reported $1.48 earnings per share for the quarter, missing analysts’ consensus estimates of $1.78 by ($0.30). The firm had revenue of $10.26 billion for 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%.NRG Energy’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter last year, the business posted $2.68 EPS. NRG Energy has set its FY 2026 guidance at 7.900-9.900 EPS. On average, sell-side analysts predict that NRG Energy, Inc. will post 9.7 earnings per share for the current year.

NRG Energy Dividend Announcement

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

Insiders Place Their Bets

In other NRG Energy news, VP Virginia Kinney sold 20,000 shares of NRG Energy stock in a transaction 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 completion of the transaction, the vice president directly owned 45,111 shares of the company’s stock, valued at $5,752,554.72. The trade was a 30.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on NRG. Williams Trading set a $184.00 price target on shares of NRG Energy in a research note on Monday, July 6th. Raymond James Financial set a $210.00 price objective on NRG Energy in a report on Monday, April 27th. Wells Fargo & Company upped their target price on shares of NRG Energy from $203.00 to $209.00 and gave the stock an “overweight” rating in a research note on Thursday, July 16th. Weiss Ratings raised NRG Energy from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, July 17th. Finally, BMO Capital Markets lowered their target price on NRG Energy from $213.00 to $212.00 and set a “market perform” rating on the stock in a research report on Tuesday. One investment 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. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $201.79.

Read Our Latest Research Report on NRG

NRG Energy Company Profile

(Free Report)

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.