Banco Santander S.A. Boosts Stake in NextEra Energy, Inc. $NEE

Banco Santander S.A. increased its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 27.8% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 268,130 shares of the utilities provider’s stock after purchasing an additional 58,403 shares during the period. Banco Santander S.A.’s holdings in NextEra Energy were worth $21,525,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Anfield Capital Management LLC lifted its holdings in NextEra Energy by 692.3% during the 4th 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 stake in NextEra Energy during the 4th quarter worth approximately $25,000. Quest 10 Wealth Builders Inc. lifted its holdings in NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after buying an additional 218 shares in the last quarter. Strive Asset Management LLC acquired a new stake in NextEra Energy during the 3rd quarter worth approximately $29,000. Finally, Joseph Group Capital Management acquired a new stake in NextEra Energy during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $85.92 on Friday. The company’s fifty day moving average price is $90.94 and its 200 day moving average price is $88.24. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The firm has a market capitalization of $179.18 billion, a P/E ratio of 21.86, a P/E/G ratio of 2.49 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same period last year, the business earned $0.99 EPS. NextEra Energy’s revenue for the quarter was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, sell-side analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be paid a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is currently 63.36%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on NEE shares. Evercore reiterated an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. TD Cowen increased their target price on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Jefferies Financial Group increased their target price on shares of NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a report on Tuesday, April 21st. Erste Group Bank upgraded shares of NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. Finally, Morgan Stanley set a $111.00 price objective on shares of NextEra Energy in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, NextEra Energy currently has an average rating of “Moderate Buy” and an average price target of $99.20.

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.