307,793 Shares in NextEra Energy, Inc. $NEE Purchased by Varma Mutual Pension Insurance Co

Key Points

• Varma Mutual Pension Insurance Co. purchased 307,793 shares of NextEra Energy during the second quarter, valued at approximately $27 million. Institutional investors own 78.72% of the company.
• NextEra Energy reported quarterly EPS of $1.15, beating estimates of $1.11, while revenue rose 12.4% year over year to $7.53 billion but fell short of expectations. The company reaffirmed fiscal 2026 EPS guidance of $3.92–$4.02.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to an annualized $2.49 and a 3.0% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $100.33.

Varma Mutual Pension Insurance Co purchased a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 307,793 shares of the utilities provider's stock, valued at approximately $27,015,000.

Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC grew its position in shares of NextEra Energy by 7.0% in the fourth quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock valued at $2,028,000 after purchasing an additional 1,840 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings in NextEra Energy by 6.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock worth $348,000 after purchasing an additional 298 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in NextEra Energy by 38.4% during the 1st quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider's stock worth $887,000 after purchasing an additional 3,479 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in NextEra Energy by 18.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider's stock valued at $386,000 after purchasing an additional 852 shares during the period. Finally, United Bank boosted its stake in NextEra Energy by 2.9% in the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider's stock valued at $1,083,000 after purchasing an additional 444 shares during the period. 78.72% of the stock is owned by institutional investors.

NextEra Energy Price Performance

NextEra Energy stock opened at $81.74 on Friday. 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, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The stock has a market capitalization 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 stock has a fifty day moving average of $86.95 and a 200-day moving average of $89.70.

NextEra Energy (NYSE:NEE - Get Free Report) last released its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. The firm had revenue of $7.53 billion for 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 business's revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

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

Wall Street Analysts Forecast Growth

NEE has been the topic of several recent research reports. Weiss Ratings cut NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, June 11th. BMO Capital Markets boosted their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research report on Monday, July 27th. HC Wainwright restated a "buy" rating on shares of NextEra Energy in a research note on Monday, July 27th. Wall Street Zen lowered shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. Finally, Erste Group Bank cut shares of NextEra Energy from a "buy" rating to a "hold" rating in a research note on Thursday, June 25th. Seventeen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $100.33.

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.

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