Nissay Asset Management Corp Japan Has $24.46 Million Holdings in NextEra Energy, Inc. $NEE

Nissay Asset Management Corp Japan increased its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 5.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 278,744 shares of the utilities provider’s stock after purchasing an additional 14,046 shares during the period. Nissay Asset Management Corp Japan’s holdings in NextEra Energy were worth $24,465,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. Norges Bank bought a new stake in shares of NextEra Energy in the fourth quarter valued at approximately $2,816,327,000. Legal & General Group Plc bought a new stake in shares of NextEra Energy during the 2nd quarter worth $1,465,987,000. GQG Partners LLC bought a new stake in shares of NextEra Energy during the 2nd quarter worth $651,293,000. Canada Pension Plan Investment Board acquired a new stake in NextEra Energy in the second quarter valued at about $389,527,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in NextEra Energy in the second quarter valued at about $288,886,000. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.2%

NextEra Energy stock opened at $83.10 on Thursday. The firm has a market cap of $173.34 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 2.57 and a beta of 0.65. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The firm has a 50 day moving average price of $86.72 and a two-hundred day moving average price of $89.52.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same period in the prior year, the company posted $1.05 earnings per share. NextEra Energy’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. Equities analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed 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 3.0%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Morgan Stanley set a $114.00 target price on NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, August 21st. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. BMO Capital Markets raised their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. Finally, Bank of America decreased their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

Get Our Latest Stock Analysis on NextEra Energy

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.

See Also

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

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