NextEra Energy, Inc. $NEE Shares Purchased by Cohen & Steers Inc.

Cohen & Steers Inc. lifted its position in NextEra Energy, Inc. (NYSE:NEE) by 3.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,436,767 shares of the utilities provider’s stock after purchasing an additional 273,530 shares during the quarter. NextEra Energy makes up 1.1% of Cohen & Steers Inc.’s investment portfolio, making the stock its 24th biggest holding. Cohen & Steers Inc.’s holdings in NextEra Energy were worth $597,024,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in NextEra Energy by 1.0% during the 4th 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. Geode Capital Management LLC raised its stake in NextEra Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after acquiring an additional 966,152 shares during the last quarter. Norges Bank purchased a new stake in NextEra Energy during the 4th quarter valued at approximately $2,816,327,000. Deutsche Bank AG raised its stake in NextEra Energy by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after acquiring an additional 485,854 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in NextEra Energy by 2.3% during the 3rd quarter. Legal & General Group Plc now owns 16,787,191 shares of the utilities provider’s stock valued at $1,267,265,000 after acquiring an additional 373,088 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have commented on NEE. Scotiabank upped their price objective on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Jefferies Financial Group upped 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. BMO Capital Markets reduced their price objective 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. Evercore reaffirmed an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Finally, HSBC upped their price objective on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $99.20.

NextEra Energy Stock Performance

Shares of NEE stock opened at $85.92 on Friday. The company has a market cap of $179.18 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 2.49 and a beta of 0.68. The stock has a 50 day simple moving average of $90.94 and a 200-day simple moving average of $88.24. NextEra Energy, Inc. has a 12-month low of $67.20 and a 12-month high of $98.75. 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 (NYSE:NEE) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.99 EPS. 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 year.

NextEra Energy Dividend Announcement

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