GSA Capital Partners LLP purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 18,925 shares of the utilities provider’s stock, valued at approximately $1,661,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Anfield Capital Management LLC lifted its position in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC purchased a new position in shares of NextEra Energy in the fourth quarter valued at $25,000. Financial Life Planners bought a new stake in shares of NextEra Energy during the 1st quarter valued at $30,000. Wealth Watch Advisors INC raised its stake in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC lifted its holdings in NextEra Energy by 104.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after purchasing an additional 172 shares in the last quarter. 78.72% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts have commented on NEE shares. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a research note on Tuesday, July 14th. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. DA Davidson raised their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Evercore reaffirmed an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. 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 stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.
NextEra Energy Stock Up 0.2%
Shares of NYSE:NEE opened at $84.24 on Wednesday. The firm has a market capitalization of $175.71 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67. 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 52-week low of $69.24 and a 52-week high of $98.75. The firm has a fifty day moving average of $87.14 and a 200 day moving average of $89.83.
NextEra Energy (NYSE:NEE – Get Free Report) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter last year, the business posted $1.05 earnings per share. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.
NextEra Energy Announces Dividend
The company also recently disclosed 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. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.
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.
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