NINE MASTS CAPITAL Ltd bought a new position in NextEra Energy, Inc. (NYSE:NEE – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 20,343 shares of the utilities provider’s stock, valued at approximately $1,786,000.
Several other hedge funds also recently made changes to their positions in NEE. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy in the 4th quarter worth approximately $25,000. Anfield Capital Management LLC lifted its stake in 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 boosted its holdings in NextEra Energy by 223.8% in 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 in the last quarter. Osbon Capital Management LLC purchased a new position in NextEra Energy during the 4th quarter valued at $27,000. Finally, Strive Asset Management LLC bought a new position in NextEra Energy in the 3rd quarter worth $29,000. 78.72% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have recently weighed in on NEE. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Mizuho set a $95.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. JPMorgan Chase & Co. upped their target price on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Evercore restated an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Finally, Barclays set a $91.00 price target on NextEra Energy and gave the company an “equal weight” rating in a research report on Tuesday, July 7th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, NextEra Energy has an average rating of “Moderate Buy” and an average price target of $100.33.
NextEra Energy Stock Performance
Shares of NEE opened at $83.51 on Friday. 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 stock has a market cap of $174.18 billion, a P/E ratio of 18.77, a P/E/G ratio of 2.30 and a beta of 0.67. The business’s 50 day moving average price is $87.05 and its 200-day moving average price is $89.75. 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 posted its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same quarter last year, the company earned $1.05 EPS. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.
NextEra Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio is 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.
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