Assenagon Asset Management S.A. Boosts Holdings in NextEra Energy, Inc. $NEE

Key Points

• Assenagon Asset Management increased its NextEra Energy stake by 80.5% in the second quarter, adding 935,240 shares to own 2.10 million shares valued at approximately $184.1 million. Institutional investors collectively hold 78.72% of NEE’s stock.
• Analysts maintain a generally positive outlook, with NextEra carrying a “Moderate Buy” consensus rating and an average price target of $99.36. The company exceeded quarterly EPS estimates, reporting $1.15 versus the $1.11 consensus, although revenue fell short of expectations.
• NextEra declared a quarterly dividend of $0.6232, equivalent to $2.49 annually and a 2.9% yield. Its proposed Dominion acquisition offers potential long-term growth from rising power demand but faces regulatory and political opposition that could delay or complicate approval.

Assenagon Asset Management S.A. lifted its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 80.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,097,509 shares of the utilities provider's stock after purchasing an additional 935,240 shares during the period. Assenagon Asset Management S.A. owned approximately 0.10% of NextEra Energy worth $184,098,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy during the 4th quarter worth $25,000. Anfield Capital Management LLC increased its holdings 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 purchasing an additional 270 shares during the period. Wealth Watch Advisors INC raised its position in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC acquired a new stake in NextEra Energy in the 4th quarter valued at about $27,000. Finally, Strive Asset Management LLC purchased a new position in shares of NextEra Energy in the 3rd quarter valued at about $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NEE has been the subject of a number of analyst reports. Wall Street Zen downgraded NextEra Energy from a "hold" rating to a "sell" rating in a research report on Saturday, August 1st. Mizuho set a $95.00 target price on shares of NextEra Energy in a report on Monday, July 27th. Scotiabank lifted their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the stock a "sector perform" rating in a research note on Friday, April 24th. Sanford C. Bernstein reiterated an "outperform" rating and issued a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Finally, TD Cowen boosted their price target on shares of NextEra Energy from $99.00 to $101.00 and gave the stock a "buy" rating in a report on Monday, April 27th. One investment 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. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $99.36.

NextEra Energy Stock Down 1.5%

Shares of NYSE NEE opened at $84.64 on Friday. The company has a market capitalization of $176.55 billion, a price-to-earnings ratio of 19.02, a price-to-earnings-growth ratio of 2.35 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 $87.16 and a two-hundred day moving average of $89.93. 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 (EPS) for the quarter, topping 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 during the quarter, compared to analysts' expectations of $8.11 billion. During the same period in the prior year, the firm posted $1.05 EPS. The business's quarterly revenue 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. On average, analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal 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. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy's dividend payout ratio is currently 55.96%.

Trending Headlines about NextEra Energy

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: The proposed Dominion acquisition could create the nation’s largest regulated utility, serving more than 10 million customers across Florida, Virginia, North Carolina and South Carolina. Supporters argue the combination could improve grid scale, generation capacity and the ability to serve rapidly growing electricity demand from data centers and artificial intelligence. Can NextEra Energy Reshape the Grid Through a Landmark Combination?
• Positive Sentiment: Broader power-demand trends remain favorable for utilities and power-equipment suppliers, as data-center expansion and SpaceX’s expected computing needs could increase demand for electricity and grid infrastructure. This supports the long-term growth case for NEE, although the benefit is not an immediate earnings catalyst. SpaceX’s Need for Power Is a Clear Positive for These Companies
• Neutral Sentiment: South Carolina regulators set a January decision target for the merger after agreeing to a review process that includes testimony from supporters and opponents, with a hearing expected in December. Approval is also required from regulators in Virginia and North Carolina, keeping the deal’s timing and final outcome uncertain. South Carolina Regulators Set January Deadline
• Negative Sentiment: Virginia Gov. Abigail Spanberger says she will file documentation to intervene in the Dominion transaction, citing concerns about rising electricity bills and the potential impact on customers. Her opposition increases the risk of additional conditions, delays or failure to obtain approval for the acquisition. Virginia Governor to Intervene in NextEra-Dominion Merger
• Negative Sentiment: The intervention follows earlier opposition from South Carolina legislative leaders and reinforces concerns that political and consumer-affordability scrutiny could complicate what would be the largest power acquisition in U.S. history. Investors are likely weighing the deal’s potential strategic benefits against higher execution and regulatory risks. Virginia Governor Says She Will Intervene in Dominion-NextEra Merger

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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