Oslo Pensjonsforsikring AS Invests $589,000 in NextEra Energy, Inc. $NEE

Oslo Pensjonsforsikring AS purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 6,339 shares of the utilities provider’s stock, valued at approximately $589,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Anfield Capital Management LLC grew its position in NextEra Energy by 692.3% during the fourth 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. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy in the 4th quarter valued at $25,000. Financial Life Planners acquired a new position in NextEra Energy in the 1st quarter valued at $30,000. 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 valued at $26,000 after acquiring an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC lifted its position in shares of NextEra Energy by 104.9% during the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after acquiring an additional 172 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:

NextEra Energy Stock Down 0.3%

Shares of NYSE:NEE opened at $87.73 on Wednesday. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a market capitalization of $182.95 billion, a PE ratio of 22.32, a price-to-earnings-growth ratio of 2.40 and a beta of 0.67. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The company has a fifty day moving average of $87.67 and a 200-day moving average of $89.35.

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

NextEra Energy Dividend Announcement

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

Analysts Set New Price Targets

Several research firms have commented on NEE. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a report on Tuesday, July 14th. Scotiabank upped their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Evercore reiterated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Morgan Stanley lifted their price objective on shares of NextEra Energy from $111.00 to $117.00 and gave the company an “overweight” rating in a research note on Wednesday, June 24th. Finally, Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $99.32.

Get Our Latest Stock Report on NEE

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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