AMF Tjanstepension AB Lowers Holdings in NextEra Energy, Inc. $NEE

AMF Tjanstepension AB decreased its position in NextEra Energy, Inc. (NYSE:NEE) by 16.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,002,143 shares of the utilities provider’s stock after selling 200,452 shares during the period. AMF Tjanstepension AB’s holdings in NextEra Energy were worth $93,079,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of NEE. Brighton Jones LLC increased its position in NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider’s stock worth $2,028,000 after buying an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC grew its position in shares of NextEra Energy by 6.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider’s stock valued at $348,000 after purchasing an additional 298 shares in the last quarter. Acadian Asset Management LLC raised its stake in NextEra Energy by 38.4% during the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider’s stock valued at $887,000 after purchasing an additional 3,479 shares in the last quarter. Sivia Capital Partners LLC raised its position in NextEra Energy by 18.1% during the second quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider’s stock valued at $386,000 after purchasing an additional 852 shares during the period. Finally, United Bank lifted its position in NextEra Energy by 2.9% in the second quarter. United Bank now owns 15,596 shares of the utilities provider’s stock worth $1,083,000 after buying an additional 444 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

NEE has been the subject of a number of research analyst reports. BMO Capital Markets decreased their price target on NextEra Energy from $104.00 to $102.00 and set an “outperform” rating for the company in a research note on Monday, May 18th. Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Scotiabank boosted their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. BTIG Research reissued a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a report on Friday, April 24th. Finally, Wall Street Zen raised NextEra Energy from a “sell” rating to a “hold” rating in a research report on Sunday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.90.

NextEra Energy Stock Performance

Shares of NYSE:NEE opened at $87.89 on Monday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The firm has a market capitalization of $183.27 billion, a PE ratio of 22.36, a P/E/G ratio of 2.58 and a beta of 0.67. The business’s 50 day moving average price is $88.56 and its 200-day moving average price is $88.93. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period last year, the firm posted $0.99 earnings per share. 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 Dividend Announcement

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

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.