Heritage Investors Management Corp Sells 20,013 Shares of NextEra Energy, Inc. $NEE

Heritage Investors Management Corp lessened its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 11.8% during the second quarter, HoldingsChannel.com reports. The fund owned 149,140 shares of the utilities provider’s stock after selling 20,013 shares during the period. Heritage Investors Management Corp’s holdings in NextEra Energy were worth $13,090,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Indivisible Partners bought a new position in NextEra Energy in the 4th quarter worth about $1,355,000. Czech National Bank boosted its position in shares of NextEra Energy by 4.7% during the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after acquiring an additional 26,378 shares during the last quarter. Swedbank AB grew its holdings in shares of NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock worth $81,615,000 after purchasing an additional 120,389 shares in the last quarter. Annex Advisory Services LLC grew its holdings in shares of NextEra Energy by 13.9% during the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock worth $62,405,000 after purchasing an additional 86,585 shares in the last quarter. Finally, MGO One Seven LLC increased its position in shares of NextEra Energy by 12.1% in the fourth quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock worth $11,018,000 after purchasing an additional 14,828 shares during the last quarter. 78.72% of the stock is owned by institutional investors.

NextEra Energy Stock Performance

NYSE:NEE opened at $83.71 on Monday. The company has a market capitalization of $174.60 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 2.29 and a beta of 0.67. The business has a 50 day moving average of $87.22 and a 200 day moving average of $89.90. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period last year, the business earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

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

Analysts Set New Price Targets

Several brokerages have issued reports on NEE. Morgan Stanley set a $114.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research report on Friday. Bank of America decreased their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. HSBC raised their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Mizuho set a $95.00 target price on shares of NextEra Energy in a research report on Monday, July 27th. Finally, Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

About NextEra Energy

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.