Mirador Capital Partners LP raised its position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 530.9% in the second quarter, Holdings Channel reports. The firm owned 22,446 shares of the utilities provider’s stock after buying an additional 18,888 shares during the period. Mirador Capital Partners LP’s holdings in NextEra Energy were worth $1,970,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. Dynamic Advisor Solutions LLC lifted its stake in NextEra Energy by 26.5% in the second quarter. Dynamic Advisor Solutions LLC now owns 44,463 shares of the utilities provider’s stock valued at $3,903,000 after acquiring an additional 9,322 shares during the last quarter. GAMMA Investing LLC grew its position in NextEra Energy by 7.7% in the second quarter. GAMMA Investing LLC now owns 60,648 shares of the utilities provider’s stock worth $5,323,000 after acquiring an additional 4,358 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in shares of NextEra Energy by 14.9% during the 2nd quarter. Harbor Investment Advisory LLC now owns 20,160 shares of the utilities provider’s stock worth $1,769,000 after purchasing an additional 2,610 shares during the last quarter. Canandaigua National Bank & Trust Co. acquired a new position in shares of NextEra Energy during the 2nd quarter worth $6,863,000. Finally, Sandy Cove Advisors LLC bought a new position in shares of NextEra Energy during the 2nd quarter valued at $209,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently issued reports on NEE. Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 24th. DA Davidson increased their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Barclays set a $91.00 target price on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, July 7th. Sanford C. Bernstein reiterated an “outperform” rating and set a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Finally, BTIG Research reissued a “buy” rating and set a $112.00 price objective on shares of NextEra Energy in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.36.
NextEra Energy Stock Performance
NYSE:NEE opened at $86.01 on Thursday. The firm has a market capitalization of $179.41 billion, a PE ratio of 19.33, a PEG ratio of 2.39 and a beta of 0.67. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. 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 firm’s fifty day simple moving average is $87.22 and its 200 day simple moving average is $89.93.
NextEra Energy (NYSE:NEE – Get Free Report) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the previous year, the business earned $1.05 EPS. The business’s revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.
NextEra Energy Announces Dividend
The firm 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 is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy’s dividend payout ratio is presently 55.96%.
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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