California State Teachers Retirement System Buys 219,529,415 Shares of NextEra Energy, Inc. $NEE

Key Points

• California State Teachers Retirement System dramatically increased its NextEra Energy stake by 8,297.4%, purchasing 219.5 million additional shares and bringing its total ownership to about 10.65%, valued at $19.5 billion.
• NextEra Energy reported quarterly EPS of $1.15, beating estimates of $1.11, while revenue rose 12.4% year over year to $7.53 billion. The company issued fiscal 2026 EPS guidance of $3.92–$4.02.
• The company declared a quarterly dividend of $0.6232, equivalent to $2.49 annually and a 3.0% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $100.33.

California State Teachers Retirement System raised its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 8,297.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 222,175,185 shares of the utilities provider's stock after buying an additional 219,529,415 shares during the quarter. California State Teachers Retirement System owned about 10.65% of NextEra Energy worth $19,500,316,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its position in shares of NextEra Energy by 7.0% in the 4th quarter. Brighton Jones LLC now owns 28,282 shares of the utilities provider's stock valued at $2,028,000 after buying an additional 1,840 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of NextEra Energy by 6.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 4,854 shares of the utilities provider's stock worth $348,000 after acquiring an additional 298 shares in the last quarter. Acadian Asset Management LLC raised its position in shares of NextEra Energy by 38.4% during the first quarter. Acadian Asset Management LLC now owns 12,542 shares of the utilities provider's stock worth $887,000 after purchasing an additional 3,479 shares during the period. Sivia Capital Partners LLC raised its position in shares of NextEra Energy by 18.1% during the second quarter. Sivia Capital Partners LLC now owns 5,563 shares of the utilities provider's stock worth $386,000 after purchasing an additional 852 shares during the period. Finally, United Bank lifted its holdings in shares of NextEra Energy by 2.9% during the 2nd quarter. United Bank now owns 15,596 shares of the utilities provider's stock valued at $1,083,000 after purchasing an additional 444 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

Shares of NEE opened at $83.33 on Tuesday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The firm has a fifty day simple moving average of $86.44 and a 200 day simple moving average of $89.31. The stock has a market capitalization of $173.81 billion, a price-to-earnings ratio of 18.73, a PEG 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.

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, beating analysts' consensus estimates of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter last year, the firm earned $1.05 earnings per share. 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. Research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy's dividend payout ratio (DPR) is presently 55.96%.

Analysts Set New Price Targets

A number of analysts recently issued reports on NEE shares. JPMorgan Chase & Co. increased their target price on NextEra Energy from $100.00 to $105.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 13th. Mizuho set a $95.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Wall Street Zen lowered shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a report on Saturday, August 22nd. Barclays set a $91.00 price objective on shares of NextEra Energy and gave the company an "equal weight" rating in a research report on Tuesday, July 7th. Finally, HC Wainwright reaffirmed a "buy" rating on shares of NextEra Energy in a research note on Monday, July 27th. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, NextEra Energy has an average rating of "Moderate Buy" and a consensus price target of $100.33.

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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