Louisiana State Employees Retirement System acquired a new stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 106,100 shares of the utilities provider’s stock, valued at approximately $9,855,000.
Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after buying an additional 2,234,176 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of NextEra Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after buying an additional 966,152 shares during the last quarter. Norges Bank purchased a new position in NextEra Energy in the 4th quarter worth approximately $2,816,327,000. Price T Rowe Associates Inc. MD lifted its position in NextEra Energy by 6.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock valued at $1,474,407,000 after purchasing an additional 1,136,074 shares during the last quarter. Finally, Deutsche Bank AG lifted its position in NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after purchasing an additional 485,854 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.
Analysts Set New Price Targets
NEE has been the topic of several recent analyst reports. Mizuho raised their target price on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Sanford C. Bernstein set a $107.00 price target on shares of NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Morgan Stanley boosted their target price on NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $99.86.
NextEra Energy News Summary
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: Morgan Stanley raised its price target on NextEra Energy to $117 from $111 and reiterated an overweight rating, signaling continued upside potential and supporting bullish sentiment. Morgan Stanley price target update
- Positive Sentiment: Analysts and market commentary highlighted NextEra’s large capital plan through 2030, including investments in Florida Power & Light, renewables, and storage, which could drive steady long-term earnings growth. Strategic investments article
- Positive Sentiment: Several articles tied NextEra to rising AI electricity demand, which reinforces the company’s role as a potential beneficiary of higher power needs from data centers and related infrastructure. AI boom energy trade article
- Neutral Sentiment: Recent coverage also focused on whether the stock still offers value after its strong one-year rally, suggesting investors are weighing growth prospects against a less attractive valuation. Valuation article
- Neutral Sentiment: Erste Group Bank AG downgraded NextEra Energy from buy to hold, which could temper enthusiasm, but the move does not indicate a bearish stance. Downgrade reference
- Neutral Sentiment: Investor interest remains elevated, and recent commentary noted the stock has been active despite broader market weakness. Recent stock movement article
NextEra Energy Trading Up 0.1%
NextEra Energy stock opened at $87.68 on Friday. The company has a market capitalization of $182.83 billion, a price-to-earnings ratio of 22.31, a price-to-earnings-growth ratio of 2.57 and a beta of 0.68. The business’s fifty day simple moving average is $89.74 and its two-hundred day simple moving average is $88.38. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month 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.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its quarterly earnings data 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 for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.
NextEra Energy Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio is 63.36%.
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.
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