Danske Bank A S bought a new stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 1,552,413 shares of the utilities provider’s stock, valued at approximately $136,255,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy during the fourth quarter valued at about $25,000. Anfield Capital Management LLC grew its position in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares in the last quarter. Wealth Watch Advisors INC grew its position in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC purchased a new stake in NextEra Energy in the 4th quarter valued at about $27,000. Finally, Strive Asset Management LLC bought a new position in shares of NextEra Energy during the 3rd quarter worth approximately $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Evercore restated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Morgan Stanley set a $114.00 price target on NextEra Energy and gave the stock an “overweight” rating in a report on Friday, August 21st. JPMorgan Chase & Co. boosted their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. BMO Capital Markets upped their price objective on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Finally, DA Davidson raised their target price on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $100.33.
NextEra Energy Stock Performance
NYSE:NEE opened at $83.51 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The business has a fifty day simple moving average of $87.05 and a two-hundred day simple moving average of $89.75. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a market capitalization of $174.18 billion, a P/E ratio of 18.77, a P/E/G ratio of 2.30 and a beta of 0.67.
NextEra Energy (NYSE:NEE – Get Free Report) 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 firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.
NextEra Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a $0.6232 dividend. The ex-dividend date 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 presently 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.
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