CIBC Asset Management Inc Has $50.32 Million Stock Holdings in NextEra Energy, Inc. $NEE

CIBC Asset Management Inc lifted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 48.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 626,811 shares of the utilities provider’s stock after purchasing an additional 203,848 shares during the quarter. CIBC Asset Management Inc’s holdings in NextEra Energy were worth $50,320,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Wedbush Securities Inc. lifted its stake in NextEra Energy by 24.8% in the 3rd quarter. Wedbush Securities Inc. now owns 64,158 shares of the utilities provider’s stock valued at $4,843,000 after acquiring an additional 12,738 shares in the last quarter. Varma Mutual Pension Insurance Co lifted its stake in NextEra Energy by 5.0% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 326,193 shares of the utilities provider’s stock valued at $24,624,000 after acquiring an additional 15,600 shares in the last quarter. Indivisible Partners bought a new stake in NextEra Energy in the 4th quarter valued at approximately $1,355,000. Oppenheimer & Co. Inc. lifted its stake in NextEra Energy by 43.2% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 333,278 shares of the utilities provider’s stock valued at $25,159,000 after acquiring an additional 100,467 shares in the last quarter. Finally, First Long Island Investors LLC bought a new stake in NextEra Energy in the 3rd quarter valued at approximately $14,198,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Trading Down 1.0%

Shares of NextEra Energy stock opened at $84.80 on Thursday. NextEra Energy, Inc. has a 12-month low of $67.20 and a 12-month high of $98.75. The stock has a market cap of $176.84 billion, a P/E ratio of 21.58, a P/E/G ratio of 2.51 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. The business’s 50 day moving average is $91.89 and its 200-day moving average is $88.23.

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

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be issued a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. NextEra Energy’s payout ratio is presently 63.36%.

Wall Street Analyst Weigh In

NEE has been the topic of several research reports. BTIG Research restated a “buy” rating and issued a $112.00 target price on shares of NextEra Energy in a research note on Friday, April 24th. UBS Group boosted their target price on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. Evercore restated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. JPMorgan Chase & Co. upped their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Finally, Barclays set a $90.00 price objective on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $99.20.

Insider Buying and Selling

In related news, EVP Terrell Kirk Crews II sold 19,672 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total transaction of $1,775,791.44. Following the transaction, the executive vice president directly owned 73,857 shares of the company’s stock, valued at approximately $6,667,071.39. The trade was a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Treasurer James Michael May sold 7,161 shares of the business’s stock in a transaction that occurred on Monday, March 9th. The stock was sold at an average price of $90.27, for a total value of $646,423.47. Following the transaction, the treasurer directly owned 26,719 shares in the company, valued at $2,411,924.13. The trade was a 21.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 31,767 shares of company stock valued at $2,881,077. 0.18% of the stock is owned by insiders.

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.