QRG Capital Management Inc. Increases Stock Position in NextEra Energy, Inc. $NEE

Key Points

• QRG Capital Management increased its NextEra Energy stake by 7.8% in the second quarter, adding 19,092 shares for a total of 263,004 shares valued at approximately $23.1 million. Institutional investors collectively own 78.72% of NEE’s outstanding stock.
• Analysts maintain a generally positive view, with 17 Buy ratings and six Holds, producing a “Moderate Buy” consensus and an average price target of $100.19. However, several firms recently lowered targets or downgraded the stock, reflecting near-term valuation concerns.
• NextEra exceeded quarterly EPS expectations but missed revenue estimates, while reporting 12.4% year-over-year revenue growth. The company also pays a quarterly dividend equivalent to an annualized $2.49 per share and a 3.2% yield.

QRG Capital Management Inc. lifted its stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) by 7.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 263,004 shares of the utilities provider's stock after acquiring an additional 19,092 shares during the quarter. QRG Capital Management Inc.'s holdings in NextEra Energy were worth $23,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NEE. Envestnet Portfolio Solutions Inc. grew its position in NextEra Energy by 84.9% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 129,364 shares of the utilities provider's stock worth $11,345,000 after purchasing an additional 59,396 shares during the period. Andra AP fonden boosted its stake in shares of NextEra Energy by 1.5% in the 2nd quarter. Andra AP fonden now owns 365,995 shares of the utilities provider's stock worth $32,123,000 after buying an additional 5,500 shares during the last quarter. Silicon Valley Capital Partners grew its holdings in shares of NextEra Energy by 28.5% in the second quarter. Silicon Valley Capital Partners now owns 635 shares of the utilities provider's stock worth $56,000 after acquiring an additional 141 shares during the period. Wellington Altus USA Inc. grew its holdings in shares of NextEra Energy by 101.1% in the second quarter. Wellington Altus USA Inc. now owns 1,828 shares of the utilities provider's stock worth $170,000 after acquiring an additional 919 shares during the period. Finally, Reynders McVeigh Capital Management LLC increased its position in NextEra Energy by 1.2% during the second quarter. Reynders McVeigh Capital Management LLC now owns 20,677 shares of the utilities provider's stock valued at $1,815,000 after acquiring an additional 243 shares during the last quarter. Institutional investors own 78.72% of the company's stock.

Analyst Upgrades and Downgrades

NEE has been the topic of several research reports. Morgan Stanley dropped their target price on NextEra Energy from $114.00 to $111.00 and set an "overweight" rating on the stock in a research report on Friday, September 18th. Wall Street Zen raised shares of NextEra Energy from a "strong sell" rating to a "sell" rating in a report on Saturday, September 19th. Erste Group Bank lowered shares of NextEra Energy from a "buy" rating to a "hold" rating in a research report on Thursday, June 25th. Barclays set a $91.00 target price on shares of NextEra Energy and gave the company an "equal weight" rating in a report on Tuesday, July 7th. Finally, Bank of America cut their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a "neutral" rating for the company in a research report on Monday, July 13th. Seventeen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat.com, NextEra Energy presently has an average rating of "Moderate Buy" and an average target price of $100.19.

NextEra Energy Price Performance

NYSE NEE opened at $76.98 on Thursday. The company's 50 day moving average is $84.77 and its two-hundred day moving average is $88.31. NextEra Energy, Inc. has a 12 month low of $72.05 and a 12 month high of $98.75. The stock has a market cap of $160.58 billion, a price-to-earnings ratio of 17.30, a PEG ratio of 2.46 and a beta of 0.65. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEE - Get Free Report) last released 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 firm had revenue of $7.53 billion during 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 quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th were issued a $0.6232 dividend. The ex-dividend date was Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.2%. NextEra Energy's payout ratio is 55.96%.

NextEra Energy News Roundup

Here are the key news stories impacting NextEra Energy this week:

• Positive Sentiment: NextEra disclosed a $1.9 billion U.S. Department of Energy loan to restart the Duane Arnold nuclear plant in Iowa. The facility is targeted to return to service in early 2029, subject to regulatory approvals, and is backed by a 25-year power-purchase agreement with Google. The project could position NEE to benefit from accelerating AI-related power demand and strengthen its relationship with a major technology customer. Should NextEra’s US$1.9 Billion Google-Backed Nuclear Restart Require Action From NextEra Energy Investors?
• Positive Sentiment: Analyst commentary describes NextEra as potentially undervalued and highlights the company’s ability to build generation and transmission capacity ahead of expected electricity demand growth. These views may support the stock’s long-term investment case, although they are not new company guidance. AI Needs More Electricity, And NextEra Is Building Ahead Of Demand
• Neutral Sentiment: NextEra has attracted heightened investor and Zacks.com attention, while Wall Street’s average recommendation remains bullish. However, the articles note that consensus analyst ratings can be overly optimistic and should not be treated as a standalone buy signal. NextEra Energy Is Attracting Investor Attention
• Neutral Sentiment: Florida Power & Light, NEE’s subsidiary, is offering eligible seniors bill credits and savings assistance. The initiative may enhance customer relations but is unlikely to materially affect NextEra’s earnings or valuation. FPL Helps Eligible Seniors Access Bill Credits and Ways to Save
• Negative Sentiment: An analyst downgrade pressured NEE, adding to concerns about valuation and near-term performance. Separate coverage also cited increased scrutiny of a possible merger, creating uncertainty around capital allocation, regulatory approval and execution. NextEra Energy Trading Down After Analyst Downgrade NextEra Energy Stock Falls as Merger Scrutiny Weighs

NextEra Energy Profile

NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), it generates, transmits, distributes and sells electricity to customers in Florida. FPL serves residential, commercial and industrial customers across much of the state.

Through NextEra Energy Resources, the company develops, owns and operates power-generation and storage projects in the United States and Canada.

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