Arbejdsmarkedets Tillaegspension Makes New $25.68 Million Investment in NextEra Energy, Inc. $NEE

Arbejdsmarkedets Tillaegspension acquired a new stake in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) in the first quarter, HoldingsChannel reports. The fund acquired 276,540 shares of the utilities provider’s stock, valued at approximately $25,685,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Indivisible Partners bought a new position in shares of NextEra Energy in the fourth quarter worth about $1,355,000. Carnegie Investment Counsel grew its stake in shares of NextEra Energy by 9.4% during the fourth quarter. Carnegie Investment Counsel now owns 458,141 shares of the utilities provider’s stock valued at $36,780,000 after purchasing an additional 39,250 shares during the last quarter. Swedbank AB increased its holdings in shares of NextEra Energy by 13.4% in the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after purchasing an additional 120,389 shares in the last quarter. Fisher Funds Management LTD raised its position in NextEra Energy by 3.5% in the 4th quarter. Fisher Funds Management LTD now owns 619,640 shares of the utilities provider’s stock worth $49,884,000 after purchasing an additional 20,709 shares during the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in NextEra Energy in the 3rd quarter worth approximately $21,446,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on NEE. Barclays set a $91.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. BTIG Research reaffirmed a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research note on Friday, April 24th. HSBC raised their price target on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. Jefferies Financial Group lifted their price objective on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Finally, Sanford C. Bernstein set a $107.00 price objective on NextEra Energy and gave the stock an “outperform” rating in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.90.

Check Out Our Latest Stock Analysis on NextEra Energy

NextEra Energy Trading Down 0.1%

NYSE:NEE opened at $87.89 on Monday. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. 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 price-to-earnings ratio of 22.36, a PEG ratio of 2.58 and a beta of 0.67. The business’s 50-day moving average price is $88.56 and its two-hundred day moving average price is $88.93.

NextEra Energy (NYSE:NEEGet Free Report) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. The firm had revenue of $6.70 billion during 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 business’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

NextEra Energy Company Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

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

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.