Goldman Sachs Energy Stocks: Top 5 Stock Picks

1. NRG Energy, Inc. (NYSE:NRG)

Number of Hedge Fund Holders: 29

Goldman Sachs’ Stake Value: $3,035,643,000

NRG Energy, Inc. (NYSE:NRG) operates as an integrated power company in the United States. NRG Energy, Inc. (NYSE:NRG) was founded in 1989 and is headquartered in Houston, Texas. NRG Energy, Inc. (NYSE:NRG) is the biggest energy holding in the Goldman Sachs portfolio. The firm owns 28.2 million shares worth over $3 billion in NRG Energy, Inc. (NYSE:NRG) as of Q2 2022. 

On October 21, NRG Energy, Inc. (NYSE:NRG) declared a quarterly dividend of $0.35 per share, in line with previous. The dividend is distributable on November 15, to shareholders of record on November 1. NRG Energy, Inc. (NYSE:NRG)’s dividend yield on November 8 came in at 3.14%. 

According to Insider Monkey’s data, 29 hedge funds held stakes worth $1.3 billion in NRG Energy, Inc. (NYSE:NRG) at the end of June 2022, compared to 31 funds in the prior quarter worth $1.5 billion. Richard S. Pzena’s Pzena Investment Management is the leading stakeholder of the company, with 16.5 million shares valued at nearly $631 million.

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