OmniStar Financial Group Inc. Boosts Stock Position in NextEra Energy, Inc. $NEE

OmniStar Financial Group Inc. raised its holdings in NextEra Energy, Inc. (NYSE:NEE) by 59.4% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 18,878 shares of the utilities provider’s stock after purchasing an additional 7,038 shares during the period. OmniStar Financial Group Inc.’s holdings in NextEra Energy were worth $1,657,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth approximately $25,000. Anfield Capital Management LLC raised its holdings in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares in the last quarter. Wealth Watch Advisors INC raised its holdings in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares in the last quarter. Osbon Capital Management LLC bought a new position in NextEra Energy during the 4th quarter valued at $27,000. Finally, Strive Asset Management LLC bought a new position in NextEra Energy during the 3rd quarter valued at $29,000. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NEE has been the subject of several research analyst reports. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. BTIG Research reissued a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a report on Friday, April 24th. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research note on Tuesday, July 14th. Finally, BMO Capital Markets increased their target price on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $99.36.

NextEra Energy Stock Up 0.1%

Shares of NYSE:NEE opened at $86.27 on Tuesday. The stock has a market capitalization of $179.94 billion, a price-to-earnings ratio of 19.39, a price-to-earnings-growth ratio of 2.36 and a beta of 0.67. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The company’s fifty day moving average is $87.21 and its two-hundred day moving average is $89.97. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

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 analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same period last year, the firm posted $1.05 EPS. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm 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 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

NextEra Energy 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.