Field & Main Bank Invests $2.03 Million in NextEra Energy, Inc. $NEE

Key Points

• Field & Main Bank purchased 23,088 shares of NextEra Energy during the second quarter, valued at approximately $2.03 million. Institutional investors collectively own 78.72% of the utility’s outstanding shares.
• 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. The company provided fiscal 2026 EPS guidance of $3.92 to $4.02.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to an annualized $2.49 payout and a 3.0% yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $100.33.

Field & Main Bank bought a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 23,088 shares of the utilities provider's stock, valued at approximately $2,026,000.

Several other institutional investors also recently bought and sold shares of the stock. Prosperitas Financial LLC bought a new stake in NextEra Energy in the second quarter valued at approximately $213,000. Archer Investment Corp grew its holdings in shares of NextEra Energy by 1.6% in the second quarter. Archer Investment Corp now owns 32,185 shares of the utilities provider's stock worth $2,825,000 after purchasing an additional 501 shares during the last quarter. Fox Hill Wealth Management grew its holdings in shares of NextEra Energy by 7.1% in the second quarter. Fox Hill Wealth Management now owns 25,834 shares of the utilities provider's stock worth $2,267,000 after purchasing an additional 1,702 shares during the last quarter. Kingsview Wealth Management LLC increased its stake in shares of NextEra Energy by 1.5% in the second quarter. Kingsview Wealth Management LLC now owns 153,377 shares of the utilities provider's stock worth $13,462,000 after buying an additional 2,338 shares during the period. Finally, Beacon Pointe Advisors LLC increased its stake in shares of NextEra Energy by 3.2% in the second quarter. Beacon Pointe Advisors LLC now owns 201,628 shares of the utilities provider's stock worth $17,697,000 after buying an additional 6,325 shares during the period. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Price Performance

NEE opened at $83.10 on Thursday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The stock has a market capitalization of $173.34 billion, a PE ratio of 18.68, a price-to-earnings-growth ratio of 2.57 and a beta of 0.65. The stock's 50 day moving average price is $86.72 and its 200-day moving average price is $89.52. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 12.28% and a net margin of 32.40%.The firm's revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

The business 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 currently 55.96%.

Analyst Upgrades and Downgrades

NEE has been the subject of a number of recent analyst reports. Morgan Stanley set a $114.00 price target on shares of NextEra Energy and gave the company an "overweight" rating in a report on Friday, August 21st. Wall Street Zen cut shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 22nd. Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research report on Tuesday, July 14th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $108.00 price objective on shares of NextEra Energy in a research note on Monday, July 27th. Finally, Bank of America dropped their target price 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. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $100.33.

About NextEra Energy

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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