Mizuho Markets Cayman LP purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 517,715 shares of the utilities provider’s stock, valued at approximately $45,440,000. NextEra Energy makes up approximately 1.7% of Mizuho Markets Cayman LP’s holdings, making the stock its 11th biggest holding.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Laurel Wealth Advisors LLC purchased a new position in NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC raised its holdings in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Wealth Watch Advisors INC raised its holdings in shares of NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the last quarter. Osbon Capital Management LLC bought a new position in shares of NextEra Energy during the fourth quarter valued at about $27,000. Finally, Strive Asset Management LLC bought a new position in shares of NextEra Energy during the third quarter valued at about $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have issued reports on NEE. Mizuho set a $95.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. TD Cowen lifted their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. BMO Capital Markets boosted their target price on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Finally, Barclays set a $91.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and a consensus price target of $99.36.
NextEra Energy Stock Performance
NYSE:NEE opened at $86.18 on Monday. The company has a market capitalization of $179.75 billion, a P/E ratio of 19.37, a P/E/G ratio of 2.36 and a beta of 0.67. The business has a fifty day simple moving average of $87.17 and a two-hundred day simple moving average of $89.98. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.
NextEra Energy Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be given a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s payout ratio is 55.96%.
About NextEra Energy
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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