OmniStar Financial Group Inc. Raises Holdings in NextEra Energy, Inc. $NEE

OmniStar Financial Group Inc. boosted its position in NextEra Energy, Inc. (NYSE:NEE) by 59.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 18,878 shares of the utilities provider’s stock after acquiring an additional 7,038 shares during the quarter. OmniStar Financial Group Inc.’s holdings in NextEra Energy were worth $1,657,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Walker Asset Management LLC raised its holdings in shares of NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after purchasing an additional 107 shares during the period. PUREfi Wealth LLC lifted its stake in shares of NextEra Energy by 0.9% in the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after purchasing an additional 107 shares in the last quarter. Garrison Point Advisors LLC grew its holdings in shares of NextEra Energy by 0.4% during the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after purchasing an additional 109 shares during the period. Cornerstone Planning Group LLC grew its holdings in shares of NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 111 shares during the period. Finally, Legacy Wealth Managment LLC ID grew its holdings 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 period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.1%

NYSE NEE opened at $86.27 on Tuesday. The stock has a market cap of $179.94 billion, a PE ratio of 19.39, a P/E/G ratio of 2.36 and a beta of 0.67. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The business has a 50 day moving average price of $87.21 and a two-hundred day moving average price of $89.97. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 last year, the company earned $1.05 earnings per share. NextEra Energy’s revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, sell-side analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on NEE shares. BTIG Research restated a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. DA Davidson increased their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Friday, April 24th. Sanford C. Bernstein restated an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a report on Monday, July 27th. Finally, BMO Capital Markets lifted their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, NextEra Energy currently has a consensus rating of “Moderate Buy” and an average target price of $99.36.

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.