MSH Capital Advisors LLC Buys New Holdings in NextEra Energy, Inc. $NEE

Key Points

• MSH Capital Advisors initiated a position in NextEra Energy during the second quarter, buying 13,266 shares valued at approximately $1.16 million. Institutional investors and hedge funds collectively own 78.72% of the company.
• Analysts maintain a generally positive view, with 17 Buy ratings and six Hold ratings, producing a consensus “Moderate Buy” rating and an average price target of $100.33.
• NextEra reported quarterly EPS of $1.15, exceeding estimates, while revenue rose 12.4% year over year. The company also announced a quarterly dividend of $0.6232 per share, representing an annualized yield of about 3.0%.

MSH Capital Advisors LLC purchased a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 13,266 shares of the utilities provider's stock, valued at approximately $1,164,000.

A number of other hedge funds also recently made changes to their positions in the business. Walker Asset Management LLC raised its position in NextEra Energy by 2.2% in the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider's stock worth $465,000 after purchasing an additional 107 shares in the last quarter. PUREfi Wealth LLC boosted its holdings in NextEra Energy by 0.9% during the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider's stock valued at $1,170,000 after purchasing an additional 107 shares in the last quarter. Garrison Point Advisors LLC grew its stake in shares of NextEra Energy by 0.4% in the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider's stock valued at $2,269,000 after purchasing an additional 109 shares during the period. Cornerstone Planning Group LLC grew its stake in shares of NextEra Energy by 12.8% in the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider's stock valued at $94,000 after purchasing an additional 111 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its holdings in shares of NextEra Energy by 23.2% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider's stock worth $55,000 after buying an additional 112 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on NEE shares. HC Wainwright restated a "buy" rating on shares of NextEra Energy in a research report on Monday, July 27th. Erste Group Bank lowered NextEra Energy from a "buy" rating to a "hold" rating in a research note on Thursday, June 25th. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a report on Tuesday, July 14th. JPMorgan Chase & Co. lifted their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an "overweight" rating in a report on Wednesday, May 13th. Finally, 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. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $100.33.

NextEra Energy Stock Down 2.1%

NYSE NEE opened at $81.74 on Friday. The firm has a market cap of $170.49 billion, a PE ratio of 18.37, a price-to-earnings-growth ratio of 2.28 and a beta of 0.67. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. The stock's 50 day simple moving average is $86.95 and its 200 day simple moving average is $89.70. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44.

NextEra Energy (NYSE:NEE - Get Free Report) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

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

NextEra Energy Company 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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