NextEra Energy, Inc. $NEE Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC lifted its holdings in NextEra Energy, Inc. (NYSE:NEEFree Report) by 2.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,619,884 shares of the utilities provider’s stock after purchasing an additional 70,981 shares during the period. HighTower Advisors LLC owned about 0.13% of NextEra Energy worth $229,947,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. Laurel Wealth Advisors LLC acquired a new position in shares of NextEra Energy during the 4th quarter worth approximately $25,000. Anfield Capital Management LLC grew its stake in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after acquiring an additional 270 shares during the period. Wealth Watch Advisors INC grew its stake in NextEra Energy by 223.8% in the 4th 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 period. Osbon Capital Management LLC purchased a new stake in NextEra Energy in the 4th quarter worth $27,000. Finally, Strive Asset Management LLC purchased a new stake in NextEra Energy in the 3rd quarter worth $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Price Performance

NextEra Energy stock opened at $84.24 on Wednesday. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The firm has a market capitalization of $175.71 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 2.30 and a beta of 0.67. The company has a fifty day simple moving average of $87.14 and a 200-day simple moving average of $89.83. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45.

NextEra Energy (NYSE:NEEGet Free Report) last issued its earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the business earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, equities analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The firm 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 $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on the stock. Morgan Stanley set a $114.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a report on Friday. Jefferies Financial Group set a $94.00 target price on shares of NextEra Energy in a research note on Tuesday, July 14th. Mizuho set a $95.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. BMO Capital Markets raised their price target on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. lifted their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Seventeen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $100.33.

View Our Latest Analysis on NEE

NextEra Energy Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

Receive News & Ratings for NextEra Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NextEra Energy and related companies with MarketBeat.com's FREE daily email newsletter.