HighTower Advisors LLC Increases Stock Holdings in NextEra Energy, Inc. $NEE

HighTower Advisors LLC increased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,619,884 shares of the utilities provider’s stock after purchasing an additional 70,981 shares during the period. HighTower Advisors LLC’s holdings in NextEra Energy were worth $229,947,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of NextEra Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after buying an additional 966,152 shares during the last quarter. Norges Bank acquired a new position in NextEra Energy in the fourth quarter valued at approximately $2,816,327,000. Price T Rowe Associates Inc. MD lifted its holdings in NextEra Energy by 6.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock valued at $1,474,407,000 after acquiring an additional 1,136,074 shares during the last quarter. Deutsche Bank AG grew its position in NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after acquiring an additional 485,854 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in NextEra Energy by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock worth $1,382,473,000 after acquiring an additional 253,273 shares during the period. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NEE has been the subject of several recent analyst reports. HSBC raised their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research note on Tuesday, April 28th. Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. DA Davidson raised their price objective on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a research report on Monday, July 27th. Finally, BMO Capital Markets increased their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, NextEra Energy has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Stock Up 0.2%

NYSE:NEE opened at $84.24 on Wednesday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The stock’s fifty day moving average is $87.14 and its two-hundred day moving average is $89.83. The stock has a market capitalization of $175.71 billion, a price-to-earnings ratio of 18.93, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67. 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 for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to analysts’ expectations 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 was up 12.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The company also recently announced 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 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s payout ratio is currently 55.96%.

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.