OP Asset Management Ltd acquired a new position in NextEra Energy, Inc. (NYSE:NEE – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 452,586 shares of the utilities provider’s stock, valued at approximately $42,036,000.
Other large investors have also bought and sold shares of the company. Indivisible Partners purchased a new position in NextEra Energy during the 4th quarter worth approximately $1,355,000. First Long Island Investors LLC acquired a new stake in shares of NextEra Energy in the third quarter worth $14,198,000. SevenBridge Financial Group LLC boosted its position in shares of NextEra Energy by 39.7% in the third quarter. SevenBridge Financial Group LLC now owns 49,603 shares of the utilities provider’s stock worth $3,745,000 after buying an additional 14,089 shares during the period. Carnegie Investment Counsel grew its holdings in shares of NextEra Energy by 9.4% during the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after buying an additional 39,250 shares in the last quarter. Finally, Swedbank AB raised its position in NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after buying an additional 120,389 shares during the period. Institutional investors own 78.72% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the company. Mizuho raised their price objective on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Barclays set a $90.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a research report on Tuesday, May 26th. Wells Fargo & Company set a $102.00 price target on shares of NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. TD Cowen increased their price objective on NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $99.86.
Key Stories Impacting NextEra Energy
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 kept an overweight rating, signaling expectations for more upside. Morgan Stanley adjusts NextEra Energy price target to 117 from 111, maintains overweight rating
- Positive Sentiment: Analyst commentary highlighted NextEra’s more than $94 billion capital plan through 2030, which supports expansion in Florida Power & Light, renewables, and storage and could drive long-term earnings growth. Can NextEra Energy’s Strategic Investments Fuel Long-Term Growth?
- Positive Sentiment: Investors are also focused on AI-related power demand, with several reports noting that the AI boom could boost electricity usage and benefit utilities like NextEra Energy. Why the AI Boom Could Trigger the Biggest Energy Trade in Decades
- Positive Sentiment: The stock was featured in articles calling it a reliable dividend holding, reinforcing its appeal for income-focused investors. 5 Reliable Dividend Stocks to Buy for Long-Term Investors
- Neutral Sentiment: Recent “investor attention” and market commentary articles reflect growing interest in the name, but do not add new fundamental information. NextEra Energy, Inc. (NEE) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: One market update noted that NextEra Energy was moving higher even as the broader market slipped, but this was mainly a trading recap rather than a new company-specific catalyst. NextEra Energy (NEE) Increases Despite Market Slip: Here’s What You Need to Know
- Neutral Sentiment: Commentary pieces asking whether NextEra can sustain its market appeal largely echo existing themes around valuation, dividends, and growth outlook. Can NextEra Energy (NYSE:NEE) Sustain Its Market Appeal?
NextEra Energy Stock Performance
Shares of NYSE NEE opened at $87.57 on Thursday. The business’s 50-day simple moving average is $89.82 and its 200-day simple moving average is $88.35. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a 52 week low of $67.20 and a 52 week high of $98.75. The firm has a market cap of $182.61 billion, a price-to-earnings ratio of 22.28, a P/E/G ratio of 2.53 and a beta of 0.68.
NextEra Energy (NYSE:NEE – Get Free Report) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same quarter in the prior year, the business earned $0.99 earnings per share. The company’s revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.
NextEra Energy Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a $0.6232 dividend. The ex-dividend date was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is presently 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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