KBC Group NV Purchases 11,305 Shares of NextEra Energy, Inc. $NEE

KBC Group NV boosted its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 6.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 190,481 shares of the utilities provider’s stock after buying an additional 11,305 shares during the period. KBC Group NV’s holdings in NextEra Energy were worth $17,692,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NEE. Laurel Wealth Advisors LLC bought a new stake in NextEra Energy during the fourth quarter worth $25,000. Anfield Capital Management LLC raised its holdings in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after buying an additional 270 shares in the last quarter. Wealth Watch Advisors INC lifted its position in shares of NextEra Energy by 223.8% during 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 during the last quarter. Osbon Capital Management LLC bought a new stake in shares of NextEra Energy during the 4th quarter worth $27,000. Finally, Strive Asset Management LLC acquired a new stake in NextEra Energy in the third quarter valued at about $29,000. 78.72% of the stock is owned by institutional investors.

Key NextEra Energy News

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

Wall Street Analysts Forecast Growth

NEE has been the subject of several research analyst reports. TD Cowen boosted their target price on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research report on Tuesday, July 14th. Mizuho increased their price objective on shares of NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. Sanford C. Bernstein set a $107.00 target price on shares of NextEra Energy and gave the company an “outperform” rating in a research report on Tuesday, June 16th. Finally, Barclays set a $91.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $99.32.

Get Our Latest Report on NEE

NextEra Energy Stock Performance

NextEra Energy stock opened at $87.73 on Wednesday. The business has a 50 day moving average of $87.67 and a 200-day moving average of $89.35. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. 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 company has a market capitalization of $182.95 billion, a P/E ratio of 22.32, a P/E/G ratio of 2.40 and a beta of 0.67.

NextEra Energy (NYSE:NEEGet Free Report) last posted its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same period last year, the company earned $0.99 EPS. The firm’s revenue 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 predict 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 was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

About NextEra Energy

(Free Report)

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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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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