NextEra Energy, Inc. $NEE Shares Bought by Annex Advisory Services LLC

Key Points

• Annex Advisory Services increased its NextEra Energy stake by 13.9% in the second quarter, adding 86,585 shares to reach 711,009 shares valued at approximately $62.4 million. Institutional investors collectively own 78.72% of the company.
• NextEra reported quarterly EPS of $1.15, exceeding the $1.11 consensus estimate, 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 a 2.9% annualized yield.
• Analysts maintain a generally positive outlook, with NextEra receiving a consensus “Moderate Buy” rating and an average price target of $99.36, compared with the reported share price of $85.72.

Annex Advisory Services LLC lifted its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 13.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 711,009 shares of the utilities provider's stock after buying an additional 86,585 shares during the period. NextEra Energy makes up about 1.1% of Annex Advisory Services LLC's holdings, making the stock its 29th biggest holding. Annex Advisory Services LLC's holdings in NextEra Energy were worth $62,405,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Anfield Capital Management LLC grew its position in NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 270 shares during the period. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy during the fourth quarter worth about $25,000. Financial Life Planners purchased a new position in shares of NextEra Energy in the 1st quarter worth about $30,000. Wealth Watch Advisors INC raised its holdings in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider's stock worth $26,000 after purchasing an additional 226 shares during the period. Finally, Manning & Napier Advisors LLC lifted its stake in shares of NextEra Energy by 104.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider's stock valued at $31,000 after purchasing an additional 172 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Price Performance

NEE stock opened at $85.72 on Wednesday. The firm has a market cap of $178.79 billion, a P/E ratio of 19.26, a price-to-earnings-growth ratio of 2.32 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The stock has a 50-day simple moving average of $87.14 and a 200-day simple moving average of $89.96.

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 company had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. NextEra Energy's revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the company earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share 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. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 2.9%. NextEra Energy's payout ratio is 55.96%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NEE. Scotiabank boosted their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a "sector perform" rating in a report on Friday, April 24th. JPMorgan Chase & Co. raised their price target on shares of NextEra Energy from $100.00 to $105.00 and gave the company an "overweight" rating in a report on Wednesday, May 13th. Weiss Ratings cut shares of 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 price objective on shares of NextEra Energy and gave the stock an "overweight" rating in a research note on Friday, April 24th. Finally, Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research report on Tuesday, July 14th. One equities research 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. According to MarketBeat, NextEra Energy has an average rating of "Moderate Buy" and a consensus target price of $99.36.

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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