Railway Pension Investments Ltd Sells 272,300 Shares of NextEra Energy, Inc. $NEE

Railway Pension Investments Ltd lowered its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 11.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,056,432 shares of the utilities provider’s stock after selling 272,300 shares during the period. NextEra Energy makes up approximately 2.3% of Railway Pension Investments Ltd’s portfolio, making the stock its 15th largest position. Railway Pension Investments Ltd owned approximately 0.10% of NextEra Energy worth $180,493,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the company. Anfield Capital Management LLC boosted its stake in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Kilter Group LLC bought a new position in shares of NextEra Energy during the second quarter valued at $25,000. Manning & Napier Advisors LLC bought a new position in shares of NextEra Energy during the second quarter valued at $26,000. Pin Oak Investment Advisors Inc. purchased a new stake in shares of NextEra Energy during the second quarter valued at $26,000. Finally, Wealth Watch Advisors INC increased its holdings in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after buying an additional 226 shares in the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Stock Performance

NEE opened at $83.96 on Friday. The company’s 50 day moving average is $86.64 and its 200 day moving average is $89.45. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The company has a market cap of $175.12 billion, a price-to-earnings ratio of 18.87, a PEG ratio of 2.57 and a beta of 0.65. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results 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 for the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period last year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s payout ratio is 55.96%.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Mizuho set a $95.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. HC Wainwright restated a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Weiss Ratings cut shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. JPMorgan Chase & Co. lifted their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Finally, BMO Capital Markets boosted their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $100.33.

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.