Ieq Capital LLC Purchases Shares of 25,351 NextEra Energy, Inc. $NEE

Ieq Capital LLC acquired a new position in NextEra Energy, Inc. (NYSE:NEE) in the second quarter, HoldingsChannel reports. The institutional investor acquired 25,351 shares of the utilities provider’s stock, valued at approximately $2,225,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Walker Asset Management LLC increased its stake in NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after buying an additional 107 shares in the last quarter. PUREfi Wealth LLC lifted its position in shares of NextEra Energy by 0.9% in the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after acquiring an additional 107 shares in the last quarter. Garrison Point Advisors LLC boosted its stake in shares of NextEra Energy by 0.4% in the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after acquiring an additional 109 shares during the period. Cornerstone Planning Group LLC boosted its stake in shares of NextEra Energy by 12.8% in the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after acquiring an additional 111 shares during the period. Finally, Legacy Wealth Managment LLC ID grew its position in shares of NextEra Energy by 23.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after purchasing an additional 112 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Stock Performance

NYSE:NEE opened at $81.74 on Friday. The firm has a market capitalization of $170.49 billion, a PE ratio of 18.37, a PEG ratio of 2.24 and a beta of 0.67. The stock’s fifty day moving average is $86.95 and its 200 day moving average is $89.70. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. 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 (NYSE:NEE) 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. The business had revenue of $7.53 billion for 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 business’s revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current 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 given a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s payout ratio is 55.96%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. DA Davidson boosted their price target on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. BMO Capital Markets raised their target price 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. Bank of America decreased their price target 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. Mizuho set a $95.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. Finally, JPMorgan Chase & Co. raised their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.