UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 895,824 Shares of NextEra Energy, Inc. $NEE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 5.8% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,302,084 shares of the utilities provider’s stock after purchasing an additional 895,824 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in NextEra Energy were worth $1,430,834,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the company. Anfield Capital Management LLC increased its position in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Kilter Group LLC bought a new stake in shares of NextEra Energy during the 2nd quarter valued at $25,000. Manning & Napier Advisors LLC bought a new stake in NextEra Energy during the second quarter valued at about $26,000. Pin Oak Investment Advisors Inc. bought a new stake in NextEra Energy during the 2nd quarter valued at approximately $26,000. Finally, Wealth Watch Advisors INC raised its position in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the last quarter. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research note on Tuesday, July 14th. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Bank of America decreased their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Finally, Morgan Stanley set a $114.00 target price on NextEra Energy and gave the company an “overweight” rating in a research report on Friday, August 21st. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Stock Performance

Shares of NEE opened at $83.10 on Thursday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The firm has a market cap of $173.34 billion, a PE ratio of 18.68, a P/E/G ratio of 2.57 and a beta of 0.65. The stock has a fifty day moving average price of $86.72 and a 200-day moving average price of $89.52. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion for 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%.The company’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research 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 declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a dividend of $0.6232 per share. 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 3.0%. NextEra Energy’s payout ratio 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.