First National Bank of Omaha Lowers Holdings in NextEra Energy, Inc. $NEE

Key Points

• First National Bank of Omaha cut its NextEra Energy stake by 5.3% in the second quarter, selling 16,815 shares and retaining 298,812 shares valued at approximately $26.4 million. Institutional investors collectively own 78.72% of the company.
• Analysts maintain a generally positive outlook, with 17 Buy ratings and six Holds, producing a “Moderate Buy” consensus and an average price target of $100.33 versus the stock’s $83.51 opening price.
• NextEra exceeded quarterly earnings expectations with $1.15 in EPS, while revenue rose 12.4% year over year to $7.53 billion. The company also declared a quarterly dividend of $0.6232 per share, representing an annualized yield of about 3.0%.

First National Bank of Omaha reduced its stake in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 5.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 298,812 shares of the utilities provider's stock after selling 16,815 shares during the quarter. NextEra Energy comprises approximately 0.7% of First National Bank of Omaha's holdings, making the stock its 27th largest position. First National Bank of Omaha's holdings in NextEra Energy were worth $26,369,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geode Capital Management LLC lifted its stake in NextEra Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider's stock worth $3,781,790,000 after purchasing an additional 966,152 shares in the last quarter. Norges Bank bought a new position in shares of NextEra Energy during the 4th quarter valued at about $2,816,327,000. Price T Rowe Associates Inc. MD grew its position in shares of NextEra Energy by 6.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider's stock valued at $1,474,407,000 after purchasing an additional 1,136,074 shares in the last quarter. Deutsche Bank AG grew its position in shares of NextEra Energy by 2.9% during the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider's stock valued at $1,387,347,000 after purchasing an additional 485,854 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of NextEra Energy by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider's stock worth $1,382,473,000 after purchasing an additional 253,273 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NEE shares. HC Wainwright reiterated a "buy" rating on shares of NextEra Energy in a research report on Monday, July 27th. Erste Group Bank downgraded NextEra Energy from a "buy" rating to a "hold" rating in a research note on Thursday, June 25th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a research report on Tuesday, July 14th. Finally, Mizuho set a $95.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $100.33.

NextEra Energy Trading Down 0.8%

NYSE NEE opened at $83.51 on Friday. 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 quick ratio of 0.44 and a current ratio of 0.53. The company has a market capitalization of $174.18 billion, a price-to-earnings ratio of 18.77, a price-to-earnings-growth ratio of 2.30 and a beta of 0.67. The company's 50-day simple moving average is $87.05 and its two-hundred day simple moving average is $89.75.

NextEra Energy (NYSE:NEE - Get Free Report) last posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping 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 company had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the prior year, the business earned $1.05 earnings per share. NextEra Energy's revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy's payout ratio is presently 55.96%.

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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