NextEra Energy, Inc. $NEE Shares Purchased by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd raised its position in NextEra Energy, Inc. (NYSE:NEE) by 9.4% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 454,368 shares of the utilities provider’s stock after purchasing an additional 39,025 shares during the period. Swiss Life Asset Management Ltd’s holdings in NextEra Energy were worth $39,880,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of NEE. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy in the fourth quarter worth about $25,000. Anfield Capital Management LLC boosted its holdings in NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Wealth Watch Advisors INC grew its stake in NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC purchased a new stake in NextEra Energy during the 4th quarter worth approximately $27,000. Finally, Strive Asset Management LLC purchased a new stake in NextEra Energy during the 3rd quarter worth approximately $29,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NEE has been the topic of a number of recent analyst reports. Bank of America cut their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Evercore reissued an “outperform” rating and issued a $107.00 price objective on shares of NextEra Energy in a report on Monday, May 4th. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a report on Tuesday, July 14th. Finally, Morgan Stanley restated an “overweight” rating and issued a $116.00 price target on shares of NextEra Energy in a research report on Wednesday, July 22nd. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $100.43.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $85.98 on Thursday. The firm’s 50 day moving average is $87.26 and its two-hundred day moving average is $89.94. The firm has a market capitalization of $179.33 billion, a P/E ratio of 19.32, a PEG ratio of 2.36 and a beta of 0.67. 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, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share (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 business had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same period in the previous year, the firm posted $1.05 earnings per share. The business’s 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. Analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be paid a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, August 28th. NextEra Energy’s payout ratio is currently 55.96%.

NextEra Energy Company 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.