Nykredit A S Acquires New Shares in NextEra Energy, Inc. $NEE

Key Points

• Nykredit A/S acquired 569,541 shares of NextEra Energy in the second quarter, valued at approximately $49.99 million. Institutional investors collectively own 78.72% of the company, with several major funds also initiating sizable positions.
• Analysts maintain a generally positive outlook, with 17 Buy ratings and six Hold ratings. NextEra has a consensus rating of “Moderate Buy” 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 to $7.53 billion. The company also declared a quarterly dividend of $0.6232 per share, representing an annualized yield of about 3.0%.

Nykredit A S acquired a new position in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 569,541 shares of the utilities provider's stock, valued at approximately $49,989,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in shares of NextEra Energy in the 4th quarter worth approximately $2,816,327,000. Legal & General Group Plc purchased a new position in NextEra Energy during the second quarter valued at approximately $1,465,987,000. GQG Partners LLC bought a new position in NextEra Energy in the second quarter worth approximately $651,293,000. Canada Pension Plan Investment Board purchased a new stake in NextEra Energy during the second quarter worth $389,527,000. Finally, Caisse de depot et placement du Quebec bought a new stake in NextEra Energy during the 2nd quarter valued at $288,886,000. 78.72% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on NEE shares. Jefferies Financial Group set a $94.00 price objective on shares of NextEra Energy in a research report on Tuesday, July 14th. Barclays set a $91.00 target price on shares of NextEra Energy and gave the stock an "equal weight" rating in a research note on Tuesday, July 7th. Erste Group Bank downgraded shares of NextEra Energy from a "buy" rating to a "hold" rating in a research report on Thursday, June 25th. BMO Capital Markets upped their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an "outperform" rating in a research note on Monday, July 27th. Finally, Morgan Stanley set a $114.00 price target on shares of NextEra Energy and gave the stock an "overweight" rating in a report on Friday, August 21st. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $100.33.

NextEra Energy Trading Down 0.9%

NYSE NEE opened at $83.33 on Friday. The firm has a 50 day simple moving average of $86.54 and a 200-day simple moving average of $89.41. The firm has a market cap of $173.81 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 2.60 and a beta of 0.65. 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 one year low of $69.24 and a one year high of $98.75.

NextEra Energy (NYSE:NEE - Get Free Report) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 return on equity of 12.28% and a net margin of 32.40%.The business's revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the company posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business 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 of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy's dividend payout ratio is 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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