Tema ETFs LLC Boosts Stake in NextEra Energy, Inc. $NEE

Tema ETFs LLC grew its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 39.0% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 482,897 shares of the utilities provider’s stock after acquiring an additional 135,501 shares during the period. NextEra Energy comprises about 1.4% of Tema ETFs LLC’s investment portfolio, making the stock its 15th biggest holding. Tema ETFs LLC’s holdings in NextEra Energy were worth $42,384,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NEE. Anfield Capital Management LLC grew its stake in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy in the 4th quarter valued at approximately $25,000. Financial Life Planners purchased a new position in shares of NextEra Energy during the 1st quarter valued at approximately $30,000. Wealth Watch Advisors INC boosted its stake in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the last quarter. Finally, Manning & Napier Advisors LLC grew its position in shares of NextEra Energy by 104.9% during the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock worth $31,000 after buying an additional 172 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $85.72 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $178.79 billion, a price-to-earnings ratio of 19.26, a price-to-earnings-growth ratio of 2.32 and a beta of 0.67. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The business has a 50 day simple moving average of $87.14 and a 200-day simple moving average of $89.96.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period last year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be given a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

Wall Street Analysts Forecast Growth

NEE has been the topic of several recent analyst reports. BMO Capital Markets upped their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, August 1st. Morgan Stanley reissued an “overweight” rating and issued a $116.00 target price on shares of NextEra Energy in a research report on Wednesday, July 22nd. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research note on Tuesday, July 14th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $99.36.

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.