NextEra Energy, Inc. $NEE Position Lifted by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. increased its position in NextEra Energy, Inc. (NYSE:NEE) by 12.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 481,284 shares of the utilities provider’s stock after purchasing an additional 53,220 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in NextEra Energy were worth $42,242,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Indivisible Partners bought a new stake in NextEra Energy during the fourth quarter worth approximately $1,355,000. Czech National Bank boosted its stake in NextEra Energy by 4.7% during the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after purchasing an additional 26,378 shares in the last quarter. Swedbank AB boosted its stake in NextEra Energy by 13.4% during the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after purchasing an additional 120,389 shares in the last quarter. Fisher Funds Management LTD increased its position in shares of NextEra Energy by 3.5% during the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock valued at $49,884,000 after purchasing an additional 20,709 shares during the period. Finally, MGO One Seven LLC increased its position in shares of NextEra Energy by 12.1% during the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock valued at $11,018,000 after purchasing an additional 14,828 shares during the period. 78.72% of the stock is owned by institutional investors.

NextEra Energy Price Performance

NYSE NEE opened at $86.18 on Friday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The business’s fifty day moving average is $87.17 and its two-hundred day moving average is $89.95. The stock has a market capitalization of $179.75 billion, a P/E ratio of 19.37, a P/E/G ratio of 2.35 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 (NYSE:NEE) last released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion during 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% compared to the same quarter last year. During the same period last year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be given a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NEE. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a report on Tuesday, July 14th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Scotiabank lifted their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Evercore reiterated an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Finally, BMO Capital Markets upped their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.36.

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.