Meiji Yasuda America Inc Has $6.72 Million Holdings in NextEra Energy, Inc. $NEE

Key Points

• Meiji Yasuda America increased its NextEra Energy stake by 17.9% in the second quarter, holding 76,542 shares valued at approximately $6.72 million. Institutional investors collectively own 78.72% of the company.
• NextEra Energy reported quarterly earnings of $1.15 per share, exceeding analysts’ $1.11 estimate, while revenue rose 12.4% year over year to $7.53 billion.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to an annualized $2.49 payout and a 2.9% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $99.36.

Meiji Yasuda America Inc grew its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 17.9% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,542 shares of the utilities provider's stock after purchasing an additional 11,644 shares during the quarter. NextEra Energy comprises approximately 1.1% of Meiji Yasuda America Inc's investment portfolio, making the stock its 27th largest position. Meiji Yasuda America Inc's holdings in NextEra Energy were worth $6,718,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC acquired a new stake in shares of NextEra Energy during the fourth quarter worth $25,000. Anfield Capital Management LLC raised its stake in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider's stock worth $25,000 after buying an additional 270 shares during the last quarter. Wealth Watch Advisors INC lifted 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 buying an additional 226 shares during the period. Osbon Capital Management LLC acquired a new position in NextEra Energy in the fourth quarter valued at $27,000. Finally, Strive Asset Management LLC bought a new stake in NextEra Energy during the third quarter valued at $29,000. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Trading Up 0.1%

NYSE:NEE opened at $86.29 on Wednesday. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $179.98 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 2.36 and a beta of 0.67. The firm has a fifty day simple moving average of $87.25 and a two-hundred day simple moving average of $89.96.

NextEra Energy (NYSE:NEE - Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business's quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.05 earnings per share. 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 company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy's dividend payout ratio is 55.96%.

Analyst Ratings Changes

A number of analysts have weighed in on the company. Bank of America decreased their price target on 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. Wells Fargo & Company set a $102.00 target price on NextEra Energy and gave the stock an "overweight" rating in a research note on Friday, April 24th. BMO Capital Markets raised their target price on NextEra Energy from $94.00 to $96.00 and gave the stock an "outperform" rating in a research note on Monday, July 27th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $116.00 target price on shares of NextEra Energy in a report on Wednesday, July 22nd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $99.36.

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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