Arizona State Retirement System Acquires 14,422 Shares of NextEra Energy, Inc. $NEE

Arizona State Retirement System boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 578,632 shares of the utilities provider’s stock after acquiring an additional 14,422 shares during the period. Arizona State Retirement System’s holdings in NextEra Energy were worth $50,787,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. California State Teachers Retirement System grew its stake in shares of NextEra Energy by 8,297.4% during the second quarter. California State Teachers Retirement System now owns 222,175,185 shares of the utilities provider’s stock worth $19,500,316,000 after purchasing an additional 219,529,415 shares during the period. Geode Capital Management LLC increased its holdings in NextEra Energy by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after purchasing an additional 966,152 shares during the last quarter. Norges Bank acquired a new position in NextEra Energy in the fourth quarter valued at about $2,816,327,000. Price T Rowe Associates Inc. MD lifted its stake in NextEra Energy by 6.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock valued at $1,474,407,000 after buying an additional 1,136,074 shares during the period. Finally, Deutsche Bank AG boosted its holdings in NextEra Energy by 2.9% during the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after buying an additional 485,854 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.6%

NEE stock traded up $0.47 during mid-day trading on Tuesday, hitting $83.90. 7,627,093 shares of the company were exchanged, compared to its average volume of 10,546,632. 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, Inc. has a 1-year low of $69.37 and a 1-year high of $98.75. The firm’s 50 day simple moving average is $86.44 and its 200 day simple moving average is $89.31. The firm has a market cap of $175.00 billion, a P/E ratio of 18.85, a P/E/G ratio of 2.58 and a beta of 0.65.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the firm earned $1.05 earnings per share. The firm’s revenue was up 12.4% compared to the same quarter last year. 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 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company 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 dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is 55.96%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Morgan Stanley set a $114.00 target price on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, August 21st. JPMorgan Chase & Co. boosted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Barclays set a $91.00 target price on shares of NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Bank of America cut their target price 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. Finally, Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

More NextEra Energy News

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: DOE financing supports Duane Arnold restart: NextEra and the U.S. Department of Energy reached financial close on a loan of up to $1.9 billion to restart the 615-megawatt Duane Arnold Energy Center in Iowa. The facility, which closed in 2020, is targeted to return to service in the first quarter of 2029, subject to Nuclear Regulatory Commission approvals and other regulatory requirements. The project could provide reliable electricity for nearly 500,000 homes and benefit from rising demand linked to artificial intelligence and data centers. DOE loan announcement
• Positive Sentiment: Potential long-term growth platform: Restarting Iowa’s only nuclear plant would add dependable, around-the-clock generation to NextEra’s portfolio at a time when utilities are seeking power to serve AI-related electricity demand. The federal financing may reduce funding pressure and improve the project’s economic outlook, although meaningful benefits are several years away. Duane Arnold and AI demand analysis
• Neutral Sentiment: Investor meetings scheduled: NextEra management will meet with investors throughout September and early October to discuss long-term growth-rate expectations. The events could provide additional detail on the company’s outlook, but no new guidance was announced. Investor meeting announcement
• Negative Sentiment: Execution and regulatory risks remain: The nuclear restart still requires licensing reviews, inspections and environmental approvals, while the 2029 target leaves a lengthy timeline before the project contributes earnings. Investors are also monitoring whether data-center demand and broader utility growth expectations hold up amid regulatory uncertainty.

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.