Opal Capital LLC Takes Position in NextEra Energy, Inc. $NEE

Opal Capital LLC purchased a new stake in NextEra Energy, Inc. (NYSE:NEE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 135,976 shares of the utilities provider’s stock, valued at approximately $10,936,000. NextEra Energy comprises approximately 2.7% of Opal Capital LLC’s portfolio, making the stock its 4th largest holding.

A number of other large investors also recently modified their holdings of NEE. Norges Bank bought a new position in shares of NextEra Energy in the 4th quarter valued at $2,816,327,000. Pictet Asset Management Holding SA lifted its stake in shares of NextEra Energy by 47.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after acquiring an additional 2,972,924 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab bought a new position in shares of NextEra Energy in the 3rd quarter valued at $177,198,000. Vanguard Group Inc. lifted its stake in shares of NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after acquiring an additional 2,234,176 shares during the last quarter. Finally, Amundi lifted its stake in shares of NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after acquiring an additional 1,780,881 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Stock Performance

NEE stock opened at $86.25 on Wednesday. The stock has a 50-day moving average price of $90.66 and a 200-day moving average price of $88.28. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The firm has a market cap of $179.86 billion, a PE ratio of 21.95, a price-to-earnings-growth ratio of 2.53 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on NEE. BMO Capital Markets dropped their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Evercore reaffirmed an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. Erste Group Bank raised NextEra Energy from a “hold” rating to a “buy” rating in a research report on Wednesday, February 18th. Scotiabank raised their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. raised their target price on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $99.57.

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.