Ninepoint Partners LP Takes $1.71 Million Position in NextEra Energy, Inc. $NEE

Ninepoint Partners LP acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 19,474 shares of the utilities provider’s stock, valued at approximately $1,709,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NEE. Walker Asset Management LLC lifted its holdings in shares of NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after purchasing an additional 107 shares during the last quarter. PUREfi Wealth LLC grew its stake in NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after buying an additional 107 shares during the last quarter. Garrison Point Advisors LLC increased its position in NextEra Energy by 0.4% in the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after buying an additional 109 shares during the period. Cornerstone Planning Group LLC increased its position in NextEra Energy by 12.8% in the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after buying an additional 111 shares during the period. Finally, Legacy Wealth Managment LLC ID lifted its stake in NextEra Energy by 23.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after buying an additional 112 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

Shares of NEE opened at $81.74 on Friday. The firm has a 50-day moving average price of $86.95 and a 200 day moving average price of $89.70. The firm has a market capitalization of $170.49 billion, a PE ratio of 18.37, a P/E/G ratio of 2.28 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75.

NextEra Energy (NYSE:NEE) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate 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 net margin of 32.40% and a return on equity of 12.28%. NextEra Energy’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the company earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts anticipate 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. 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 yield of 3.0%. NextEra Energy’s payout ratio is presently 55.96%.

Analyst Ratings Changes

NEE has been the subject of several recent research reports. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, July 7th. BMO Capital Markets boosted their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research report on Tuesday, July 14th. Evercore restated an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a research note on Monday, May 4th. Finally, DA Davidson lifted their price target on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

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.