20,562 Shares in NextEra Energy, Inc. $NEE Purchased by Patron Partners LLC

Patron Partners LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE) during the second quarter, HoldingsChannel reports. The institutional investor acquired 20,562 shares of the utilities provider’s stock, valued at approximately $1,805,000.

Several other hedge funds have also recently made changes to their positions in NEE. Norges Bank purchased a new stake in NextEra Energy in the fourth quarter worth $2,816,327,000. Employees Provident Fund Board purchased a new position in NextEra Energy during the 4th quarter valued at $240,840,000. Amundi increased its position in NextEra Energy by 16.7% during the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after purchasing an additional 1,780,881 shares during the period. Danske Bank A S bought a new position in NextEra Energy in the 2nd quarter worth $136,255,000. Finally, Caisse de depot et placement du Quebec raised its holdings in NextEra Energy by 64.4% in the 4th quarter. Caisse de depot et placement du Quebec now owns 3,715,931 shares of the utilities provider’s stock worth $298,315,000 after purchasing an additional 1,456,185 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Barclays set a $91.00 target price on shares of NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. BMO Capital Markets raised their price objective on shares of NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. Mizuho set a $95.00 price objective on NextEra Energy in a research report on Monday, July 27th. Finally, Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Trading Down 2.1%

NextEra Energy stock opened at $81.74 on Friday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The company has a market capitalization of $170.49 billion, a price-to-earnings ratio of 18.37, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67. The business’s fifty day simple moving average is $86.95 and its two-hundred day simple moving average is $89.70. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s payout ratio is 55.96%.

NextEra Energy Company Profile

NextEra Energy, Inc (NYSE: NEE), headquartered in Juno Beach, Florida, is a leading clean energy company with both regulated utility operations and competitive renewable generation businesses. The company’s principal operating subsidiaries include Florida Power & Light Company (FPL), a regulated electric utility serving customers in Florida, and NextEra Energy Resources, which develops, constructs, owns and operates a large portfolio of wind, solar and energy storage projects. Together these businesses provide electricity supply, transmission and distribution services as well as utility-scale renewable generation and related services.

NextEra’s activities cover the full lifecycle of power assets, from project development and construction to operation, maintenance and asset optimization.