Ascentis Wealth Management LLC boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 8,282.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 622,153 shares of the utilities provider's stock after buying an additional 614,731 shares during the quarter. Ascentis Wealth Management LLC's holdings in NextEra Energy were worth $54,606,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. boosted its holdings in shares of NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider's stock valued at $17,343,185,000 after buying an additional 2,234,176 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of NextEra Energy by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider's stock valued at $3,781,790,000 after acquiring an additional 966,152 shares in the last quarter. Norges Bank purchased a new position in shares of NextEra Energy in the 4th quarter valued at approximately $2,816,327,000. Price T Rowe Associates Inc. MD raised its position in shares of NextEra Energy by 6.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider's stock valued at $1,474,407,000 after purchasing an additional 1,136,074 shares during the last quarter. Finally, Deutsche Bank AG boosted its stake in NextEra Energy by 2.9% in the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider's stock worth $1,387,347,000 after purchasing an additional 485,854 shares in the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.
NextEra Energy Trading Up 0.1%
Shares of NEE stock opened at $86.27 on Tuesday. 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 company has a market cap of $179.94 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 2.36 and a beta of 0.67. The stock has a 50 day simple moving average of $87.21 and a 200-day simple moving average of $89.97. 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 issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping the consensus estimate of $1.11 by $0.04. The company had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm's revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.
NextEra Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a $0.6232 dividend. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy's payout ratio is presently 55.96%.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on NEE. Bank of America decreased their price target on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating for the company in a report on Monday, July 13th. Morgan Stanley reiterated an "overweight" rating and issued a $116.00 target price on shares of NextEra Energy in a research report on Wednesday, July 22nd. BTIG Research reaffirmed a "buy" rating and issued a $112.00 price objective on shares of NextEra Energy in a report on Friday, April 24th. Scotiabank raised their target price on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a "sector perform" rating in a report on Friday, April 24th. Finally, Weiss Ratings lowered shares of NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, June 11th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and six have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $99.36.
Get Our Latest Analysis on NEE
NextEra Energy Profile
(
Free Report)
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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