OMERS ADMINISTRATION Corp Purchases Shares of 234,380 NextEra Energy, Inc. $NEE

OMERS ADMINISTRATION Corp purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 234,380 shares of the utilities provider's stock, valued at approximately $20,572,000.

Several other institutional investors and hedge funds have also modified their holdings of NEE. Osmosis Investment Management UK Ltd purchased a new stake in shares of NextEra Energy in the second quarter worth about $939,000. Sanctuary Advisors LLC acquired a new position in NextEra Energy in the second quarter valued at approximately $52,396,000. Covington Investment Advisors Inc. purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $3,461,000. Solstein Capital LLC purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $140,000. Finally, Meiji Yasuda Asset Management Co Ltd. acquired a new stake in shares of NextEra Energy during the 2nd quarter worth approximately $19,465,000. Institutional investors and hedge funds own 78.72% of the company's stock.

NextEra Energy Price Performance

NextEra Energy stock opened at $81.74 on Monday. The stock has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a P/E/G ratio of 2.24 and a beta of 0.67. The company's fifty day moving average price is $86.95 and its 200 day moving average price is $89.70. 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.

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

NextEra Energy Dividend Announcement

The business 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 $0.6232 dividend. 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 (DPR) is currently 55.96%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on NEE shares. Wall Street Zen cut shares of NextEra Energy from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 22nd. Barclays set a $91.00 price objective on shares of NextEra Energy and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Morgan Stanley set a $114.00 price objective on shares of NextEra Energy and gave the stock an "overweight" rating in a research report on Friday, August 21st. Evercore reissued an "outperform" rating and set a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Bank of America dropped their target price on NextEra Energy from $95.00 to $93.00 and set a "neutral" rating on the stock in a research report on Monday, July 13th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to data from MarketBeat, NextEra Energy has an average rating of "Moderate Buy" and a consensus target price 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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