Epoch Investment Partners Inc. Sells 10,773 Shares of NextEra Energy, Inc. $NEE

Epoch Investment Partners Inc. trimmed its stake in shares of NextEra Energy, Inc. (NYSE:NEE) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 961,835 shares of the utilities provider’s stock after selling 10,773 shares during the quarter. Epoch Investment Partners Inc.’s holdings in NextEra Energy were worth $77,216,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in shares of NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after purchasing an additional 2,234,176 shares during the period. Geode Capital Management LLC raised its stake in shares of NextEra Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after purchasing an additional 966,152 shares during the period. Norges Bank bought a new stake in shares of NextEra Energy during the 4th quarter valued at $2,816,327,000. Deutsche Bank AG raised its stake in shares of NextEra Energy by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock valued at $1,387,347,000 after purchasing an additional 485,854 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its position in NextEra Energy by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock worth $1,382,473,000 after buying an additional 253,273 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors.

NextEra Energy Price Performance

NEE opened at $85.92 on Friday. The stock has a 50-day moving average price of $90.94 and a 200-day moving average price of $88.24. NextEra Energy, Inc. has a 12-month low of $67.20 and a 12-month high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The stock has a market capitalization of $179.18 billion, a P/E ratio of 21.86, a PEG ratio of 2.52 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The firm had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.43 billion. During the same period in the prior year, the business earned $0.99 EPS. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities analysts predict 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 Monday, June 15th. Stockholders of record on Friday, June 5th will be issued a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Friday, June 5th. NextEra Energy’s dividend payout ratio is presently 63.36%.

Wall Street Analysts Forecast Growth

NEE has been the subject of several recent analyst reports. Wells Fargo & Company set a $102.00 target price on NextEra Energy and gave the stock an “overweight” rating in a research report on Friday, April 24th. Evercore restated an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a research report on Monday, May 4th. BTIG Research restated a “buy” rating and set a $112.00 target price on shares of NextEra Energy in a research report on Friday, April 24th. Morgan Stanley set a $111.00 target price on NextEra Energy in a research report on Thursday, May 21st. Finally, Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.20.

NextEra Energy 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.