UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.43 Billion Stock Holdings in NextEra Energy, Inc. $NEE

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in NextEra Energy, Inc. (NYSE:NEEFree Report) by 5.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,302,084 shares of the utilities provider’s stock after buying an additional 895,824 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.78% of NextEra Energy worth $1,430,834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Walker Asset Management LLC increased its position in shares of NextEra Energy by 2.2% during the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after acquiring an additional 107 shares in the last quarter. PUREfi Wealth LLC grew its holdings in shares of NextEra Energy by 0.9% in the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after acquiring an additional 107 shares in the last quarter. Garrison Point Advisors LLC grew its stake in NextEra Energy by 0.4% in the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after purchasing an additional 109 shares during the period. Cornerstone Planning Group LLC increased its holdings in NextEra Energy by 12.8% during the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after buying an additional 111 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID increased its stake in shares of NextEra Energy by 23.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after purchasing an additional 112 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Bank of America decreased their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research report on Tuesday, July 14th. Wall Street Zen cut NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Finally, Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $100.33.

Get Our Latest Research Report on NEE

NextEra Energy Stock Up 0.2%

NEE stock opened at $83.10 on Thursday. The business’s 50 day moving average price is $86.72 and its two-hundred day moving average price is $89.52. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The company has a market capitalization of $173.34 billion, a price-to-earnings ratio of 18.68, a price-to-earnings-growth ratio of 2.57 and a beta of 0.65. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75.

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

NextEra Energy Dividend Announcement

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

NextEra Energy Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.