Ameritas Advisory Services LLC Raises Stock Position in NextEra Energy, Inc. $NEE

Key Points

• Ameritas Advisory Services increased its NextEra Energy position by 33.8% in the second quarter, adding 12,106 shares to own 47,891 shares valued at approximately $4.2 million. Institutional investors collectively own 78.72% of NEE.
• Analyst sentiment remains generally positive, with 17 Buy ratings and six Hold ratings producing a “Moderate Buy” consensus and an average price target of $100.33, despite some recent rating downgrades.
• NextEra reported quarterly EPS of $1.15, exceeding estimates of $1.11, while revenue rose 12.4% year over year. The company also declared a quarterly dividend of $0.6232, equivalent to a 3.0% annualized yield.

Ameritas Advisory Services LLC lifted its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 33.8% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 47,891 shares of the utilities provider's stock after buying an additional 12,106 shares during the period. Ameritas Advisory Services LLC's holdings in NextEra Energy were worth $4,203,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in NEE. Guardian Wealth Advisors LLC NC raised its position in NextEra Energy by 3.8% during the second quarter. Guardian Wealth Advisors LLC NC now owns 11,882 shares of the utilities provider's stock valued at $1,043,000 after purchasing an additional 433 shares during the period. Wedmont Private Capital boosted its holdings in shares of NextEra Energy by 24.3% in the 2nd quarter. Wedmont Private Capital now owns 25,365 shares of the utilities provider's stock worth $2,231,000 after purchasing an additional 4,962 shares during the period. Kintra Wealth LLC boosted its holdings in shares of NextEra Energy by 154.3% in the 2nd quarter. Kintra Wealth LLC now owns 19,233 shares of the utilities provider's stock worth $1,654,000 after purchasing an additional 11,669 shares during the period. Bayshore Asset Management LLC bought a new position in shares of NextEra Energy during the 2nd quarter valued at approximately $588,000. Finally, HB Wealth Management LLC increased its position in shares of NextEra Energy by 1.8% during the 2nd quarter. HB Wealth Management LLC now owns 224,772 shares of the utilities provider's stock valued at $19,728,000 after purchasing an additional 4,012 shares during the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on NEE. HC Wainwright restated a "buy" rating on shares of NextEra Energy in a report on Monday, July 27th. Wall Street Zen lowered shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 22nd. JPMorgan Chase & Co. boosted their price objective on shares of NextEra Energy from $100.00 to $105.00 and gave the company an "overweight" rating in a research report on Wednesday, May 13th. BMO Capital Markets increased their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Finally, Erste Group Bank lowered shares of NextEra Energy from a "buy" rating to a "hold" rating in a report on Thursday, June 25th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $100.33.

NextEra Energy Price Performance

Shares of NEE stock opened at $83.33 on Tuesday. The stock has a 50 day moving average price of $86.44 and a 200 day moving average price of $89.31. The firm has a market capitalization of $173.81 billion, a P/E ratio of 18.73, a P/E/G ratio of 2.58 and a beta of 0.65. 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.

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 for the quarter, topping the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period last year, the company earned $1.05 earnings per share. 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 earnings per share for the current year.

NextEra Energy Announces Dividend

The business also recently disclosed 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 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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