Fort Washington Investment Advisors Inc. OH raised its holdings in shares of NextEra Energy, Inc. (NYSE:NEE – Free Report) by 4.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 779,519 shares of the utilities provider’s stock after purchasing an additional 34,919 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in NextEra Energy were worth $72,402,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy during the 4th quarter valued at about $25,000. Anfield Capital Management LLC grew its stake in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares during the last quarter. Wealth Watch Advisors INC raised its position in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the last quarter. Osbon Capital Management LLC acquired a new position in NextEra Energy during the 4th quarter valued at approximately $27,000. Finally, Strive Asset Management LLC acquired a new position in NextEra Energy during the 3rd quarter valued at approximately $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the stock. Mizuho lifted their price objective on shares of NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Scotiabank raised their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. Wall Street Zen upgraded NextEra Energy from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Evercore reiterated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.86.
NextEra Energy Stock Performance
NYSE NEE opened at $88.29 on Friday. The firm has a market capitalization of $184.11 billion, a P/E ratio of 22.47, a PEG ratio of 2.60 and a beta of 0.68. The stock has a 50-day simple moving average of $89.69 and a two-hundred day simple moving average of $88.38. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a fifty-two week low of $67.20 and a fifty-two week high of $98.75.
NextEra Energy (NYSE:NEE – Get Free Report) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the business earned $0.99 earnings per share. The company’s revenue 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. On average, equities analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.
NextEra Energy Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, June 5th were paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s payout ratio is currently 63.36%.
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.
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