1,728,447 Shares in NextEra Energy, Inc. $NEE Purchased by Haverford Trust Co

Haverford Trust Co bought a new stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 1,728,447 shares of the utilities provider's stock, valued at approximately $151,706,000. NextEra Energy makes up about 1.3% of Haverford Trust Co's portfolio, making the stock its 19th biggest position. Haverford Trust Co owned approximately 0.08% of NextEra Energy as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Clear Harbor Asset Management LLC acquired a new position in NextEra Energy during the second quarter worth about $608,000. First Nebraska Trust Co acquired a new stake in shares of NextEra Energy in the second quarter valued at approximately $358,000. Bank of Nova Scotia acquired a new stake in shares of NextEra Energy in the second quarter valued at approximately $29,425,000. Kirtland Hills Capital Management LLC purchased a new position in shares of NextEra Energy during the 2nd quarter worth approximately $485,000. Finally, Compass Financial Management LLC purchased a new position in shares of NextEra Energy during the 2nd quarter worth approximately $498,000. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Stock Down 0.1%

Shares of NYSE NEE opened at $81.74 on Monday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The firm's 50 day moving average price is $86.95 and its 200 day moving average price is $89.70. The firm has a market cap of $170.49 billion, a P/E ratio of 18.37, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same period in the previous year, the firm posted $1.05 EPS. NextEra Energy's revenue 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 anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy's dividend payout ratio is presently 55.96%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. BMO Capital Markets upped their target price on NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. DA Davidson raised their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a "buy" rating in a research report on Tuesday, May 5th. Wall Street Zen cut NextEra Energy from a "sell" rating to a "strong sell" rating in a report on Saturday, August 22nd. Evercore restated an "outperform" rating and issued a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. Finally, Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research note on Tuesday, July 14th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy currently has an average rating of "Moderate Buy" and an average price target of $100.33.

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.

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