Empowered Funds LLC Raises Position in NextEra Energy, Inc. $NEE

Key Points

• Empowered Funds increased its NextEra Energy position by 31.6% in the second quarter, bringing its holdings to 193,590 shares valued at approximately $17.0 million. Institutional investors and hedge funds collectively own 78.72% of NEE shares.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $100.33, although some firms recently downgraded or lowered targets. NextEra reported quarterly EPS of $1.15, exceeding estimates, while revenue rose 12.4% year over year.
• NextEra declared a quarterly dividend of $0.6232 per share, equivalent to an annualized $2.49 payout and a 3.0% yield. The stock opened at $82.89, below its 12-month high of $98.75.

Empowered Funds LLC grew its holdings in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 31.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 193,590 shares of the utilities provider's stock after buying an additional 46,441 shares during the quarter. Empowered Funds LLC's holdings in NextEra Energy were worth $16,991,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kilter Group LLC purchased a new position in shares of NextEra Energy during the 2nd quarter worth approximately $25,000. Manning & Napier Advisors LLC acquired a new position in NextEra Energy in the second quarter valued at $26,000. Anfield Capital Management LLC lifted its holdings in shares of 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 acquiring an additional 270 shares during the period. Financial Life Planners acquired a new position in shares of NextEra Energy in the 1st quarter valued at $30,000. Finally, Wealth Watch Advisors INC boosted its holdings in NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock valued at $26,000 after acquiring an additional 226 shares during the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on NEE shares. Barclays set a $91.00 target price on shares of NextEra Energy and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Bank of America decreased their price objective 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. Weiss Ratings lowered NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research report on Thursday, June 11th. Erste Group Bank lowered NextEra Energy from a "buy" rating to a "hold" rating in a report on Thursday, June 25th. Finally, BMO Capital Markets raised their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, NextEra Energy currently has a consensus rating of "Moderate Buy" and an average target price of $100.33.

NextEra Energy Stock Up 0.7%

NEE stock opened at $82.89 on Wednesday. The firm has a market cap of $172.89 billion, a PE ratio of 18.63, a P/E/G ratio of 2.25 and a beta of 0.65. 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 50 day simple moving average of $86.81 and a 200 day simple moving average of $89.58. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

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

More NextEra Energy News

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

• Positive Sentiment: AI-driven power demand is strengthening NextEra’s growth pipeline. The company’s approximately 35.1-gigawatt backlog is benefiting from hyperscalers seeking reliable, quickly deployable electricity for data centers. This could support future renewable generation, storage and transmission investments. Can AI Driven Data Center Growth Continue to Strengthen NEE's Backlog?
• Positive Sentiment: NextEra is expanding its Florida gas infrastructure. Chesapeake Utilities agreed to sell a 49% stake in a Florida gas project to NextEra, potentially adding to the company’s regional energy assets and improving its ability to serve rising electricity demand. Chesapeake Utilities sells 49% stake in Florida gas project to NextEra Energy
• Positive Sentiment: Analysts remain moderately optimistic. Recent coverage says NEE has outperformed the broader utilities sector, supported by its regulated utility base, renewables portfolio and long-term growth opportunities. NextEra Energy Stock: Is NEE Outperforming the Utilities Sector?
• Neutral Sentiment: NextEra and Dominion Energy are opposing a proposed 60-day extension of the review of their merger application. A faster review could reduce uncertainty, but the dispute highlights continuing regulatory scrutiny. NextEra Energy Pushes Back On 60 Day Merger Review Delay
• Neutral Sentiment: FPL launched an assistance center offering bill-support programs, including a one-time $200 credit for eligible customers. The initiative may improve customer relations but is unlikely to materially affect near-term earnings. FPL Launches New Assistance Center
• Negative Sentiment: Valuation commentary suggests NEE may be fully priced for a mature utility. Its strong three-year gain and dividend-discount analysis imply limited near-term upside unless earnings growth accelerates. NextEra Energy Stock Looks Fully Priced for a Mature Utility
• Negative Sentiment: Erste Group expects weaker earnings for NextEra, which could weigh on sentiment if lower profit expectations challenge the company’s current valuation. Erste Group Bank Expects Weaker Earnings for NextEra Energy

NextEra Energy 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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