Dynamic Technology Lab Private Ltd Makes New Investment in NextEra Energy, Inc. $NEE

Dynamic Technology Lab Private Ltd bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 14,307 shares of the utilities provider’s stock, valued at approximately $1,149,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NEE. Laurel Wealth Advisors LLC bought a new position in NextEra Energy during the fourth quarter worth about $25,000. Anfield Capital Management LLC raised its stake in shares of NextEra Energy by 692.3% in 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 during the period. Strive Asset Management LLC bought a new stake in shares of NextEra Energy in the third quarter valued at about $29,000. Quest 10 Wealth Builders Inc. lifted its holdings in shares of NextEra Energy by 135.4% in the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 218 shares in the last quarter. Finally, Joseph Group Capital Management bought a new stake in shares of NextEra Energy in the fourth quarter valued at about $32,000. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Price Performance

NYSE:NEE opened at $85.92 on Friday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. The stock’s 50-day simple moving average is $90.94 and its 200 day simple moving average is $88.24. The company has a market cap of $179.18 billion, a P/E ratio of 21.86, a P/E/G ratio of 2.49 and a beta of 0.68. NextEra Energy, Inc. has a 52-week low of $67.20 and a 52-week high of $98.75.

NextEra Energy (NYSE:NEE) last released its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.06. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.NextEra Energy’s quarterly revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.99 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, June 5th will be given a $0.6232 dividend. 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 currently 63.36%.

Analysts Set New Price Targets

NEE has been the topic of a number of research reports. Mizuho boosted their price target on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a report on Wednesday, April 15th. Wall Street Zen lowered NextEra Energy from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. Jefferies Financial Group boosted their price target on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a report on Tuesday, April 21st. UBS Group boosted their price target on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a report on Thursday, March 5th. Finally, Erste Group Bank upgraded NextEra Energy from a “hold” rating to a “buy” rating in a report on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $99.20.

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.