Aberdeen Group plc Purchases 331,619 Shares of NextEra Energy, Inc. $NEE

Aberdeen Group plc lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 13.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,849,554 shares of the utilities provider's stock after purchasing an additional 331,619 shares during the quarter. Aberdeen Group plc owned approximately 0.14% of NextEra Energy worth $250,105,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of NEE. Anfield Capital Management LLC lifted its position in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider's stock worth $25,000 after buying an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy in the 4th quarter valued at about $25,000. Financial Life Planners bought a new position in shares of NextEra Energy in the first quarter worth about $30,000. Wealth Watch Advisors INC lifted its position in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock worth $26,000 after purchasing an additional 226 shares in the last quarter. Finally, Manning & Napier Advisors LLC lifted its position in shares of NextEra Energy by 104.9% during the first quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider's stock worth $31,000 after purchasing an additional 172 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on NEE shares. HSBC boosted their price objective on shares of NextEra Energy from $103.00 to $106.00 and gave the stock a "buy" rating in a research report on Tuesday, April 28th. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research report on Tuesday, July 14th. DA Davidson lifted their target price on NextEra Energy from $95.00 to $105.00 and gave the company a "buy" rating in a research note on Tuesday, May 5th. Morgan Stanley set a $114.00 target price on NextEra Energy and gave the stock an "overweight" rating in a research report on Friday. Finally, Weiss Ratings lowered NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, June 11th. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $100.33.

NextEra Energy Stock Down 1.6%

Shares of NextEra Energy stock opened at $83.71 on Friday. The company has a market capitalization of $174.60 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 2.33 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The business has a 50-day moving average of $87.22 and a two-hundred day moving average of $89.88. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings data 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 business had revenue of $7.53 billion for the quarter, compared to analysts' expectations of $8.11 billion. During the same quarter in the previous year, the business posted $1.05 EPS. 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, equities analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

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

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