Banque Cantonale Vaudoise Has $6.88 Million Stock Position in NextEra Energy, Inc. $NEE

Banque Cantonale Vaudoise boosted its stake in NextEra Energy, Inc. (NYSE:NEEFree Report) by 80.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,072 shares of the utilities provider’s stock after acquiring an additional 33,082 shares during the period. Banque Cantonale Vaudoise’s holdings in NextEra Energy were worth $6,880,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in NEE. Norges Bank acquired a new position in shares of NextEra Energy in the 4th quarter worth approximately $2,816,327,000. Employees Provident Fund Board bought a new position in NextEra Energy during the fourth quarter worth $240,840,000. Pictet Asset Management Holding SA lifted its holdings in NextEra Energy by 47.3% in the fourth quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock valued at $742,913,000 after buying an additional 2,972,924 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new position in NextEra Energy in the third quarter valued at $177,198,000. Finally, Vanguard Group Inc. boosted its position in NextEra Energy by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after acquiring an additional 2,234,176 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

NEE has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Sanford C. Bernstein set a $107.00 target price on NextEra Energy and gave the stock an “outperform” rating in a research note on Tuesday, June 16th. BMO Capital Markets lowered their target price on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a report on Monday, May 18th. Jefferies Financial Group boosted their price target on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. Finally, Evercore restated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and a consensus target price of $99.86.

Read Our Latest Research Report on NextEra Energy

More NextEra Energy News

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NextEra Energy Stock Performance

Shares of NextEra Energy stock opened at $87.57 on Thursday. The business has a 50-day simple moving average of $89.82 and a 200 day simple moving average of $88.35. NextEra Energy, Inc. has a one year low of $67.20 and a one year 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 $182.61 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 2.53 and a beta of 0.68.

NextEra Energy (NYSE:NEEGet Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same quarter in the prior year, the company earned $0.99 earnings per share. The company’s quarterly 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. On average, research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were given a $0.6232 dividend. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 annualized dividend and a yield of 2.8%. NextEra Energy’s dividend payout ratio (DPR) is presently 63.36%.

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.

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

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