TD Waterhouse Canada Inc. Grows Stock Holdings in NextEra Energy, Inc. $NEE

TD Waterhouse Canada Inc. boosted its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 16.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 521,191 shares of the utilities provider’s stock after purchasing an additional 74,960 shares during the period. TD Waterhouse Canada Inc.’s holdings in NextEra Energy were worth $45,048,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NEE. Laurel Wealth Advisors LLC bought a new position in shares of NextEra Energy during the 4th quarter valued at $25,000. Anfield Capital Management LLC grew its holdings in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after acquiring an additional 270 shares during the period. Wealth Watch Advisors INC increased its position in NextEra Energy by 223.8% during the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after acquiring an additional 226 shares during the last quarter. Osbon Capital Management LLC purchased a new stake in NextEra Energy during the fourth quarter valued at $27,000. Finally, Strive Asset Management LLC bought a new position in NextEra Energy in the third quarter valued at about $29,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Wall Street Analysts Forecast Growth

NEE has been the topic of several research reports. HSBC raised their target price on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research report on Tuesday, July 14th. Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. Bank of America dropped their price objective on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a report on Monday, July 13th. Finally, Evercore restated an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.36.

NextEra Energy Stock Performance

Shares of NEE opened at $86.27 on Tuesday. 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 business has a 50-day simple moving average of $87.21 and a two-hundred day simple moving average of $89.97. The stock has a market cap of $179.94 billion, a price-to-earnings ratio of 19.39, a PEG ratio of 2.36 and a beta of 0.67. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS 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 firm had revenue of $7.53 billion for the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter last year, the company earned $1.05 earnings per share. The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. 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 (DPR) is presently 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.