30,272 Shares in NextEra Energy, Inc. $NEE Bought by Puzo Michael J

Puzo Michael J purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 30,272 shares of the utilities provider’s stock, valued at approximately $2,657,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in NextEra Energy during the fourth quarter worth about $2,816,327,000. Employees Provident Fund Board purchased a new position in shares of NextEra Energy during the 4th quarter worth approximately $240,840,000. Amundi raised its position in shares of NextEra Energy by 16.7% during the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after purchasing an additional 1,780,881 shares during the last quarter. Danske Bank A S acquired a new position in shares of NextEra Energy during the 2nd quarter worth approximately $136,255,000. Finally, Caisse de depot et placement du Quebec lifted its stake in NextEra Energy by 64.4% in the 4th quarter. Caisse de depot et placement du Quebec now owns 3,715,931 shares of the utilities provider’s stock valued at $298,315,000 after buying an additional 1,456,185 shares in the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on NEE. Mizuho set a $95.00 price target on NextEra Energy in a research report on Monday, July 27th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $108.00 price objective on shares of NextEra Energy in a research note on Monday, July 27th. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. JPMorgan Chase & Co. upped their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Finally, DA Davidson raised their price target on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Stock Down 2.1%

Shares of NYSE:NEE opened at $81.74 on Friday. 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 firm has a market cap of $170.49 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 2.28 and a beta of 0.67. The stock’s 50-day moving average price is $86.95 and its two-hundred day moving average price is $89.70. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the company posted $1.05 EPS. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

NextEra Energy Company 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.