Franklin Templeton, Inc. filed an amended Schedule 13G with the SEC on October 26, 2026, disclosing beneficial ownership of 15,516,801 shares of NRG Energy, Inc. common stock as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: Franklin Templeton, Inc. reported 15,516,801 shares of NRG Energy common stock, representing 7.4% of the class.
  • Sole voting power: Franklin Templeton, Inc. reported sole voting power over 15,486,489 shares.
  • Sole dispositive power: Franklin Templeton, Inc. reported sole dispositive power over 15,516,687 shares, with shared dispositive power over 114 shares.
  • Largest subsidiary holders: Putnam Investment Management, LLC reported sole voting power over 10,191,717 shares and sole dispositive power over 10,205,295 shares; The Putnam Advisory Company, LLC reported sole voting power over 3,488,013 shares.
  • Name change noted: The filing states that effective August 17, 2026, Franklin Resources, Inc. was renamed Franklin Templeton, Inc.
  • Individual filers: Charles B. Johnson and Rupert H. Johnson, Jr. each reported 0 shares beneficially owned and 0% of the class.
  • Event date: The date of the event requiring this filing was September 30, 2026.

Franklin Templeton's Amended 13G Ownership Position in NRG Energy

Franklin Templeton, Inc., incorporated in Delaware, filed Amendment No. 1 to its Schedule 13G disclosing its position in NRG Energy, Inc. (CUSIP 629377508), whose common stock carries a par value of $0.01 per share. According to the filing, the aggregate amount beneficially owned by Franklin Templeton, Inc. as a reporting person stands at 15,516,801 shares, equating to 7.4% of the outstanding class. The filing notes that Franklin Resources, Inc. was renamed Franklin Templeton, Inc. effective August 17, 2026.

The filing breaks down ownership across multiple investment management subsidiaries. Putnam Investment Management, LLC accounts for the largest single block, with sole voting power over 10,191,717 shares and sole dispositive power over 10,205,295 shares. The Putnam Advisory Company, LLC holds sole voting power over 3,488,013 shares, sole dispositive power over 3,487,899 shares, and shared dispositive power over 114 shares. Other subsidiaries listed include Brandywine Global Investment Management, LLC (534,202 shares sole voting and dispositive), Franklin Advisers, Inc. (1,258,052 shares sole voting; 1,267,707 shares sole dispositive), and Franklin Advisory Services, LLC (7,458 shares each). Smaller positions are attributed to Fiduciary Trust entities and Franklin Templeton International Services S.a r.l.

Charles B. Johnson and Rupert H. Johnson, Jr. are listed as co-filers in their capacity as holding company individuals but report zero shares beneficially owned and zero percent of the class. The filing certifies, as required under Schedule 13G, that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer." The filing was signed by Thomas C. Mandia, Assistant Secretary of Franklin Templeton, Inc., and as attorney-in-fact for both individual filers, on October 26, 2026.

What Was Disclosed

Franklin Templeton, Inc. and affiliated individuals filed an amended Schedule 13G reporting aggregate beneficial ownership of 15,516,801 shares, or 7.4%, of NRG Energy, Inc. common stock as of September 30, 2026, with voting and dispositive power distributed across multiple investment management subsidiaries.