Segall Bryant & Hamill LLC Buys Shares of 130,979 NextEra Energy, Inc. $NEE

Segall Bryant & Hamill LLC purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 130,979 shares of the utilities provider’s stock, valued at approximately $12,006,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of NextEra Energy in the fourth quarter worth $2,816,327,000. Employees Provident Fund Board acquired a new position in NextEra Energy during the 4th quarter worth about $240,840,000. Pictet Asset Management Holding SA grew its position 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 buying an additional 2,972,924 shares during the last quarter. Vanguard Group Inc. grew its position 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 buying an additional 2,234,176 shares during the last quarter. Finally, Amundi increased its stake in shares of NextEra Energy by 16.7% in the third quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock valued at $1,012,129,000 after buying an additional 1,780,881 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Trading Up 0.2%

Shares of NEE stock opened at $87.14 on Monday. The company has a market cap of $181.75 billion, a P/E ratio of 19.58, a PEG ratio of 2.38 and a beta of 0.67. The stock has a 50 day simple moving average of $87.30 and a two-hundred day simple moving average of $89.83. 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 fifty-two week low of $69.24 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion for 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 in the previous year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

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 paid a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio is currently 55.96%.

Wall Street Analysts Forecast Growth

NEE has been the subject of a number of analyst reports. BMO Capital Markets raised their price objective on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Scotiabank increased 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 report on Friday, April 24th. Sanford C. Bernstein restated an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a report on Monday, July 27th. TD Cowen boosted their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, DA Davidson upped their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $99.36.

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.