New Mexico Educational Retirement Board Purchases 6,600 Shares of NextEra Energy, Inc. $NEE

New Mexico Educational Retirement Board grew its position in NextEra Energy, Inc. (NYSE:NEE) by 6.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 103,632 shares of the utilities provider’s stock after buying an additional 6,600 shares during the period. New Mexico Educational Retirement Board’s holdings in NextEra Energy were worth $9,096,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Anfield Capital Management LLC raised its holdings in NextEra Energy by 692.3% in the 4th 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 last quarter. Kilter Group LLC purchased a new stake in NextEra Energy during the 2nd quarter valued at $25,000. Manning & Napier Advisors LLC purchased a new stake in NextEra Energy during the 2nd quarter valued at $26,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of NextEra Energy in the 2nd quarter worth $26,000. Finally, Wealth Watch Advisors INC increased its holdings in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares in the last quarter. Institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Up 0.2%

NYSE NEE opened at $83.10 on Thursday. 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 has a fifty day moving average of $86.72 and a two-hundred day moving average of $89.52. The firm has a market capitalization of $173.34 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 2.57 and a beta of 0.65.

NextEra Energy (NYSE:NEE) last announced 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. The company had revenue of $7.53 billion for 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%.NextEra Energy’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

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 paid 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%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on NEE shares. Barclays set a $91.00 price target on NextEra Energy and gave the company an “equal weight” rating in a report on Tuesday, July 7th. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. BMO Capital Markets increased their target price on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a report on Monday, July 27th. Wall Street Zen downgraded shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Finally, Morgan Stanley set a $114.00 price objective on NextEra Energy and gave the company an “overweight” rating in a research note on Friday, August 21st. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average 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.