Principal Financial Group Inc. Lowers Holdings in NextEra Energy, Inc. $NEE

Principal Financial Group Inc. reduced its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 4.9% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 4,609,761 shares of the utilities provider’s stock after selling 235,445 shares during the period. Principal Financial Group Inc.’s holdings in NextEra Energy were worth $428,155,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of NEE. Chicago Partners Investment Group LLC lifted its holdings in shares of NextEra Energy by 3.6% in the 1st quarter. Chicago Partners Investment Group LLC now owns 27,238 shares of the utilities provider’s stock valued at $2,451,000 after buying an additional 942 shares during the period. IFC Advisors LLC raised its position in NextEra Energy by 11.9% during the first quarter. IFC Advisors LLC now owns 60,442 shares of the utilities provider’s stock valued at $5,614,000 after acquiring an additional 6,438 shares in the last quarter. Arbejdsmarkedets Tillaegspension purchased a new position in NextEra Energy during the first quarter valued at approximately $25,685,000. Y.D. More Investments Ltd lifted its holdings in NextEra Energy by 56.8% in the first quarter. Y.D. More Investments Ltd now owns 6,030 shares of the utilities provider’s stock valued at $560,000 after acquiring an additional 2,185 shares during the period. Finally, J. Safra Sarasin Holding AG lifted its holdings in NextEra Energy by 17.8% in the first quarter. J. Safra Sarasin Holding AG now owns 47,001 shares of the utilities provider’s stock valued at $4,365,000 after acquiring an additional 7,094 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.

Key NextEra Energy News

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

• Positive Sentiment: Analysts highlighted NextEra’s strong earnings-surprise track record and suggested the company has the right setup to potentially beat expectations again in its next quarterly report.
• Positive Sentiment: Broader utility and nuclear-energy coverage remained constructive, with articles pointing to resilience in the XLU ETF and renewed interest in the nuclear renaissance, which can support sentiment around large regulated power names like NextEra Energy.
• Neutral Sentiment: Commentary also framed NextEra as a possible “utility scale” leader and discussed its upcoming earnings schedule, keeping investor focus on the company’s growth and execution outlook.
• Neutral Sentiment: NextEra Energy revised its bylaws to give the board more control over shareholder meeting timing and format, including the option for fully virtual meetings. The move has drawn governance debate, but the market reaction appears mixed rather than clearly negative.
• Negative Sentiment: Bank of America lowered its price target on NextEra Energy from $95 to $93 and kept a neutral rating, a modest headwind for sentiment even though the new target still implies upside from current levels.

NextEra Energy Trading Up 0.5%

Shares of NEE stock opened at $88.37 on Tuesday. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75. The company has a market cap of $184.28 billion, a price-to-earnings ratio of 22.49, a PEG ratio of 2.58 and a beta of 0.67. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The stock has a 50 day simple moving average of $88.37 and a 200-day simple moving average of $88.99.

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

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

Analysts Set New Price Targets

A number of brokerages have recently commented on NEE. BTIG Research reaffirmed a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Scotiabank boosted their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. BMO Capital Markets dropped their price target on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a research report on Monday, May 18th. JPMorgan Chase & Co. lifted 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. Finally, Morgan Stanley upped their price objective on shares of NextEra Energy from $111.00 to $117.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, NextEra Energy presently has an average rating of “Moderate Buy” and an average price target of $99.59.

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.