NextEra Energy, Inc. $NEE Shares Bought by Korea Investment CORP

Korea Investment CORP grew its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 26.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,551,090 shares of the utilities provider’s stock after purchasing an additional 326,783 shares during the period. Korea Investment CORP’s holdings in NextEra Energy were worth $124,522,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of NEE. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth $25,000. Anfield Capital Management LLC raised its holdings 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 purchasing an additional 270 shares during the period. Strive Asset Management LLC acquired a new stake in shares of NextEra Energy during the third quarter worth $29,000. Quest 10 Wealth Builders Inc. raised its holdings in shares of NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock worth $30,000 after purchasing an additional 218 shares during the period. Finally, Joseph Group Capital Management acquired a new stake in shares of NextEra Energy during the fourth quarter worth $32,000. 78.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on NEE shares. Erste Group Bank raised shares of NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. BMO Capital Markets dropped their target price on shares of NextEra Energy from $104.00 to $102.00 and set an “outperform” rating on the stock in a report on Monday, May 18th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. Wells Fargo & Company set a $102.00 price target on shares of NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Finally, Weiss Ratings lowered shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $99.20.

NextEra Energy Stock Performance

Shares of NEE opened at $85.92 on Friday. The firm has a 50-day moving average price of $90.94 and a 200 day moving average price of $88.24. The firm has a market capitalization of $179.18 billion, a PE ratio of 21.86, a P/E/G ratio of 2.49 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, Inc. has a 52-week low of $67.20 and a 52-week high of $98.75.

NextEra Energy (NYSE:NEE) last announced its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. The firm had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. NextEra Energy’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

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