Formuepleje A S Takes $2.31 Million Position in NextEra Energy, Inc. $NEE

Formuepleje A S acquired a new position in NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 26,375 shares of the utilities provider’s stock, valued at approximately $2,315,000.

Several other large investors have also made changes to their positions in NEE. Kilter Group LLC bought a new stake in shares of NextEra Energy in the second quarter valued at approximately $25,000. Manning & Napier Advisors LLC bought a new position in NextEra Energy during the second quarter worth $26,000. Pin Oak Investment Advisors Inc. acquired a new position in NextEra Energy during the 2nd quarter valued at $26,000. Wealth Watch Advisors INC boosted its holdings in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares during the period. Finally, Osbon Capital Management LLC bought a new stake in NextEra Energy in the 4th quarter valued at $27,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on NEE. Wall Street Zen downgraded shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. Mizuho set a $95.00 price target on NextEra Energy in a report on Monday, July 27th. Bank of America reduced their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Finally, Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Stock Performance

NYSE NEE opened at $83.33 on Monday. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The stock has a market cap of $173.81 billion, a P/E ratio of 18.73, a PEG ratio of 2.58 and a beta of 0.65. The company’s 50-day simple moving average is $86.54 and its 200 day simple moving average is $89.38.

NextEra Energy (NYSE:NEE) last announced its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping 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 firm had revenue of $7.53 billion during the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter last year, the company earned $1.05 earnings per share. The company’s revenue for the quarter 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. As a group, research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal 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 given a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is 55.96%.

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.