RWC Asset Management LLP Sells 23,859 Shares of NextEra Energy, Inc. $NEE

Key Points

• RWC Asset Management reduced its NextEra Energy stake by 6.5%, selling 23,859 shares in the second quarter and retaining 341,499 shares valued at approximately $30.0 million. Institutional investors collectively own 78.72% of the company.
• NextEra Energy reported quarterly EPS of $1.15, beating the $1.11 consensus estimate, while revenue of $7.53 billion fell short of expectations. The company maintained fiscal 2026 EPS guidance of $3.92–$4.02.
• The company declared a quarterly dividend of $0.6232 per share, equivalent to an annualized $2.49 payout and a 2.9% yield. Analysts have assigned the stock a “Moderate Buy” consensus rating with an average price target of $99.36.

RWC Asset Management LLP lowered its position in shares of NextEra Energy, Inc. (NYSE:NEE - Free Report) by 6.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 341,499 shares of the utilities provider's stock after selling 23,859 shares during the quarter. NextEra Energy accounts for 1.1% of RWC Asset Management LLP's holdings, making the stock its 23rd biggest position. RWC Asset Management LLP's holdings in NextEra Energy were worth $29,973,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Walker Asset Management LLC lifted its position in shares of 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 worth $1,170,000 after purchasing an additional 107 shares during the last quarter. Garrison Point Advisors LLC grew its position in NextEra Energy by 0.4% in the fourth 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 in the last quarter. Cornerstone Planning Group LLC grew its position in NextEra Energy by 12.8% in the first 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 in the last quarter. Finally, Legacy Wealth Managment LLC ID grew its position in NextEra Energy by 23.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider's stock valued at $55,000 after purchasing an additional 112 shares in the last quarter. 78.72% of the stock is owned by institutional investors.

NextEra Energy Trading Up 0.1%

Shares of NextEra Energy stock opened at $86.27 on Tuesday. The business has a fifty day simple moving average of $87.21 and a two-hundred day simple moving average of $89.97. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a market capitalization of $179.94 billion, a price-to-earnings ratio of 19.39, a P/E/G ratio of 2.36 and a beta of 0.67. 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 released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion for 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%. The company's quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current 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 is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy's dividend payout ratio is 55.96%.

Analyst Ratings Changes

NEE has been the topic of several analyst reports. 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. Scotiabank raised their price objective on NextEra Energy from $102.00 to $110.00 and gave the company a "sector perform" rating in a report on Friday, April 24th. JPMorgan Chase & Co. raised 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. Wall Street Zen downgraded NextEra Energy from a "hold" rating to a "sell" rating in a research report on Saturday, August 1st. Finally, Barclays set a $91.00 target price on NextEra Energy and gave the stock an "equal weight" rating in a report on Tuesday, July 7th. 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 data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $99.36.

About NextEra Energy

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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