Danske Bank A S Makes New $136.25 Million Investment in NextEra Energy, Inc. $NEE

Key Points

• Danske Bank acquired 1.55 million shares of NextEra Energy worth approximately $136.3 million during the second quarter, giving it a 0.07% stake. Institutional investors and hedge funds collectively own 78.72% of the company.
• NextEra Energy reported quarterly earnings of $1.15 per share, exceeding estimates of $1.11, while revenue rose 12.4% year over year to $7.53 billion but fell short of expectations.
• The company declared a quarterly dividend of $0.6232 per share, equating to an annualized dividend of $2.49 and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $100.33.

Danske Bank A S purchased a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,552,413 shares of the utilities provider's stock, valued at approximately $136,255,000. Danske Bank A S owned approximately 0.07% of NextEra Energy at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in NEE. Anfield Capital Management LLC lifted its stake in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider's stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy during the fourth quarter worth $25,000. Financial Life Planners bought a new stake in shares of NextEra Energy during the first quarter worth $30,000. Wealth Watch Advisors INC increased its holdings in shares of NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock worth $26,000 after buying an additional 226 shares in the last quarter. Finally, Manning & Napier Advisors LLC lifted its stake in shares of NextEra Energy by 104.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider's stock valued at $31,000 after acquiring an additional 172 shares during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Stock Performance

Shares of NextEra Energy stock opened at $83.51 on Friday. The business has a 50-day simple moving average of $87.05 and a 200 day simple moving average of $89.75. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. 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 firm has a market capitalization of $174.18 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 2.30 and a beta of 0.67.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The firm had revenue of $7.53 billion during the quarter, compared to analysts' expectations of $8.11 billion. During the same quarter last year, the firm posted $1.05 earnings per share. The company'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. On average, research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy's dividend payout ratio is presently 55.96%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Evercore reissued an "outperform" rating and set a $107.00 price objective on shares of NextEra Energy in a report on Monday, May 4th. JPMorgan Chase & Co. increased their target price on NextEra Energy from $100.00 to $105.00 and gave the company an "overweight" rating in a research report on Wednesday, May 13th. Sanford C. Bernstein reissued an "outperform" rating and set a $108.00 price target on shares of NextEra Energy in a research note on Monday, July 27th. Weiss Ratings cut NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a report on Thursday, June 11th. Finally, BMO Capital Markets upped their price objective on NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average 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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