Trillium Asset Management LLC Invests $881,000 in NextEra Energy, Inc. $NEE

Trillium Asset Management LLC acquired a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 10,036 shares of the utilities provider’s stock, valued at approximately $881,000.

A number of other hedge funds also recently made changes to their positions in the stock. Norges Bank bought a new stake in NextEra Energy during the 4th quarter worth approximately $2,816,327,000. Employees Provident Fund Board purchased a new position in NextEra Energy during the fourth quarter valued at approximately $240,840,000. Amundi boosted its position in shares of NextEra Energy by 16.7% in the third quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after purchasing an additional 1,780,881 shares during the period. Danske Bank A S bought a new position in shares of NextEra Energy in the second quarter worth approximately $136,255,000. Finally, Caisse de depot et placement du Quebec increased its stake in shares of NextEra Energy by 64.4% in the fourth quarter. Caisse de depot et placement du Quebec now owns 3,715,931 shares of the utilities provider’s stock worth $298,315,000 after purchasing an additional 1,456,185 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Stock Down 2.1%

Shares of NEE stock opened at $81.74 on Friday. The stock 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. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. 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 company’s fifty day simple moving average is $86.95 and its two-hundred day simple moving average is $89.70.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. 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 predict that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Analysts Set New Price Targets

Several brokerages have recently commented on NEE. Evercore restated an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. BMO Capital Markets raised their price target on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Bank of America lowered their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $108.00 target price on shares of NextEra Energy in a research report on Monday, July 27th. 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, the company presently has an average rating of “Moderate Buy” and an average target price of $100.33.

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.