Amundi Has $1.17 Billion Position in NextEra Energy, Inc. $NEE

Key Points

• Amundi increased its NextEra Energy position by 46.5% in the second quarter, acquiring 4.23 million additional shares. It now owns 13.33 million shares, valued at approximately $1.17 billion, or 0.64% of the company.
• Analysts maintain a generally positive view of NextEra Energy, with 17 Buy ratings and six Hold ratings producing a “Moderate Buy” consensus and an average price target of $100.33.
• NextEra reported quarterly EPS of $1.15, exceeding estimates of $1.11, while revenue rose 12.4% year over year to $7.53 billion. The company also declared a quarterly dividend of $0.6232 per share, representing a 3.0% annualized yield.

Amundi lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 46.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,329,077 shares of the utilities provider's stock after acquiring an additional 4,231,814 shares during the period. Amundi owned approximately 0.64% of NextEra Energy worth $1,169,839,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in NEE. Czech National Bank raised its holdings in NextEra Energy by 4.7% in the 2nd quarter. Czech National Bank now owns 593,568 shares of the utilities provider's stock valued at $52,097,000 after buying an additional 26,378 shares during the last quarter. Annex Advisory Services LLC boosted its position in NextEra Energy by 13.9% during the 2nd quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider's stock worth $62,405,000 after buying an additional 86,585 shares during the period. Osprey Private Wealth LLC bought a new stake in NextEra Energy during the 4th quarter worth approximately $1,044,000. Leonteq Securities AG bought a new stake in NextEra Energy during the 4th quarter worth approximately $1,246,000. Finally, CV Advisors LLC acquired a new position in NextEra Energy in the 2nd quarter valued at approximately $1,404,000. Institutional investors and hedge funds own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research note on Tuesday, July 14th. Mizuho set a $95.00 price objective on NextEra Energy in a report on Monday, July 27th. Barclays set a $91.00 price objective on NextEra Energy and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $108.00 target price on shares of NextEra Energy in a report on Monday, July 27th. Finally, Wall Street Zen lowered NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat, NextEra Energy currently has an average rating of "Moderate Buy" and an average price target of $100.33.

NextEra Energy Stock Performance

NEE stock opened at $83.33 on Monday. The firm has a market cap of $173.81 billion, a PE ratio of 18.73, a price-to-earnings-growth ratio of 2.58 and a beta of 0.65. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The stock has a 50-day moving average price of $86.54 and a 200-day moving average price of $89.38. 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 announced its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS 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 for the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the prior year, the company earned $1.05 EPS. The firm's revenue for the quarter was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

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