Puzo Michael J Takes $2.66 Million Position in NextEra Energy, Inc. $NEE

Puzo Michael J bought a new stake in NextEra Energy, Inc. (NYSE:NEE) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 30,272 shares of the utilities provider’s stock, valued at approximately $2,657,000.

A number of other hedge funds have also recently added to or reduced their stakes in NEE. Live Oak Investment Partners acquired a new position in NextEra Energy during the second quarter worth approximately $226,000. Frazier Financial Advisors LLC acquired a new stake in shares of NextEra Energy in the second quarter valued at approximately $266,000. Northcape Wealth Management LLC purchased a new position in shares of NextEra Energy during the second quarter worth approximately $4,424,000. Edmond DE Rothschild Holding S.A. purchased a new position in shares of NextEra Energy during the second quarter worth approximately $86,940,000. Finally, United Bank acquired a new position in shares of NextEra Energy in the 2nd quarter valued at $1,372,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Down 2.1%

Shares of NextEra Energy stock opened at $81.74 on Friday. The company has a market cap of $170.49 billion, a P/E ratio of 18.37, a PEG ratio of 2.28 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. The firm has a fifty day moving average of $86.95 and a two-hundred day moving average of $89.70.

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

NextEra Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given a $0.6232 dividend. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a yield of 3.0%. NextEra Energy’s dividend payout ratio is presently 55.96%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on NEE shares. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research note on Tuesday, July 14th. Bank of America reduced their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Mizuho set a $95.00 target price on shares of NextEra Energy in a research note on Monday, July 27th. Evercore reissued an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a report on Monday, May 4th. Finally, Erste Group Bank cut NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

About NextEra Energy

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.