Trail Ridge Investment Advisors LLC Makes New $1.79 Million Investment in NextEra Energy, Inc. $NEE

Trail Ridge Investment Advisors LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,424 shares of the utilities provider's stock, valued at approximately $1,793,000. NextEra Energy makes up approximately 0.8% of Trail Ridge Investment Advisors LLC's holdings, making the stock its 22nd largest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Indivisible Partners purchased a new stake in shares of NextEra Energy during the fourth quarter worth about $1,355,000. Czech National Bank lifted its stake in shares of NextEra Energy by 4.7% during the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider's stock valued at $52,097,000 after buying an additional 26,378 shares during the period. Swedbank AB boosted its position in NextEra Energy by 13.4% during the fourth quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider's stock worth $81,615,000 after acquiring an additional 120,389 shares during the last quarter. Annex Advisory Services LLC boosted its position in NextEra Energy by 13.9% during the second quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider's stock worth $62,405,000 after acquiring an additional 86,585 shares during the last quarter. Finally, MGO One Seven LLC grew its stake in NextEra Energy by 12.1% in the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider's stock worth $11,018,000 after acquiring an additional 14,828 shares during the period. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. JPMorgan Chase & Co. increased their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 13th. HC Wainwright reiterated a "buy" rating on shares of NextEra Energy in a research note on Monday, July 27th. Morgan Stanley set a $114.00 target price on NextEra Energy and gave the stock an "overweight" rating in a research report on Friday, August 21st. Bank of America decreased their price target on NextEra Energy from $95.00 to $93.00 and set a "neutral" rating on the stock in a research note on Monday, July 13th. Finally, Erste Group Bank cut NextEra Energy from a "buy" rating to a "hold" rating in a report on Thursday, June 25th. Seventeen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, NextEra Energy currently has an average rating of "Moderate Buy" and a consensus target price of $100.33.

NextEra Energy Stock Up 0.8%

Shares of NYSE NEE opened at $82.46 on Tuesday. The stock has a market capitalization of $172.00 billion, a PE ratio of 18.53, a P/E/G ratio of 2.24 and a beta of 0.67. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The firm has a fifty day moving average of $86.88 and a 200-day moving average of $89.64. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75.

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

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy's dividend payout ratio (DPR) is 55.96%.

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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