Formuepleje A S Purchases New Stake in NextEra Energy, Inc. $NEE

Key Points

• Formuepleje A S acquired 26,375 shares of NextEra Energy in the second quarter, worth approximately $2.3 million. Institutional investors and hedge funds collectively own 78.72% of the company.
• NextEra reported quarterly EPS of $1.15, exceeding estimates by $0.04, while revenue rose 12.4% year over year to $7.53 billion but fell short of expectations.
• The company announced a quarterly dividend of $0.6232 per share, equal to a 3.0% annualized yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $100.33.

Formuepleje A S acquired a new position in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 26,375 shares of the utilities provider's stock, valued at approximately $2,315,000.

Other institutional investors have also recently bought and sold shares of the company. Kilter Group LLC acquired a new stake in shares of NextEra Energy during the second quarter worth approximately $25,000. Wealth Watch Advisors INC increased its stake in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock valued at $26,000 after buying an additional 226 shares during the period. Manning & Napier Advisors LLC purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $26,000. Pin Oak Investment Advisors Inc. purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $26,000. Finally, Osbon Capital Management LLC acquired a new stake in shares of NextEra Energy during the 4th quarter valued at $27,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Trading Down 0.1%

Shares of NYSE:NEE opened at $83.33 on Monday. The stock has a market capitalization of $173.81 billion, a PE ratio of 18.73, a P/E/G ratio of 2.58 and a beta of 0.65. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The firm has a fifty day moving average price of $86.54 and a 200 day moving average price of $89.38. 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 posted its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $8.11 billion. During the same period last year, the company earned $1.05 earnings per share. The business's revenue 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. Analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

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

Analyst Ratings Changes

NEE has been the topic of a number of research reports. Weiss Ratings downgraded shares of NextEra Energy from a "buy (b)" rating to a "buy (b-)" rating in a research note on Thursday, June 11th. Erste Group Bank downgraded NextEra Energy from a "buy" rating to a "hold" rating in a research note on Thursday, June 25th. Mizuho set a $95.00 target price on NextEra Energy in a research report on Monday, July 27th. Morgan Stanley set a $114.00 price target on NextEra Energy and gave the stock an "overweight" rating in a research note on Friday, August 21st. Finally, Wall Street Zen cut NextEra Energy from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 22nd. Seventeen investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $100.33.

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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