Daiwa Securities Group Inc. Raises Stake in NextEra Energy, Inc. $NEE

Daiwa Securities Group Inc. increased its stake in NextEra Energy, Inc. (NYSE:NEE) by 6.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 449,861 shares of the utilities provider’s stock after buying an additional 27,997 shares during the period. Daiwa Securities Group Inc.’s holdings in NextEra Energy were worth $36,115,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NEE. Norges Bank purchased a new position in shares of NextEra Energy in the 4th quarter worth about $2,816,327,000. Pictet Asset Management Holding SA boosted its holdings in shares of NextEra Energy by 47.3% in the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after buying an additional 2,972,924 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new position in shares of NextEra Energy in the 3rd quarter worth about $177,198,000. Vanguard Group Inc. boosted its holdings in shares of NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after buying an additional 2,234,176 shares during the last quarter. Finally, Amundi boosted its holdings in shares of NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after buying an additional 1,780,881 shares during the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Nicole J. Daggs sold 4,934 shares of the company’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $93.00, for a total transaction of $458,862.00. Following the sale, the executive vice president directly owned 16,905 shares in the company, valued at $1,572,165. This represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Treasurer James Michael May sold 7,161 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $90.27, for a total value of $646,423.47. Following the sale, the treasurer owned 26,719 shares in the company, valued at approximately $2,411,924.13. This represents a 21.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 31,767 shares of company stock worth $2,881,077 over the last ninety days. Company insiders own 0.18% of the company’s stock.

NextEra Energy Trading Up 1.2%

Shares of NEE opened at $85.62 on Friday. The business’s 50-day moving average price is $91.77 and its 200-day moving average price is $88.24. NextEra Energy, Inc. has a twelve month low of $67.20 and a twelve month high of $98.75. The stock has a market cap of $178.54 billion, a PE ratio of 21.79, a P/E/G ratio of 2.48 and a beta of 0.68. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, beating 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 firm had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. During the same period in the prior year, the business posted $0.99 earnings per share. The company’s 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, equities analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

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

Analysts Set New Price Targets

NEE has been the topic of a number of research analyst reports. Scotiabank boosted their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a report on Friday, April 24th. Mizuho boosted their price objective on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. BTIG Research restated a “buy” rating and issued a $112.00 price objective on shares of NextEra Energy in a research note on Friday, April 24th. Barclays set a $90.00 price objective on NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Finally, Jefferies Financial Group boosted their price objective on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average price target of $99.20.

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.