Puzo Michael J Invests $1.03 Million in NextEra Energy, Inc. $NEE

Puzo Michael J purchased a new position in NextEra Energy, Inc. (NYSE:NEE) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 11,115 shares of the utilities provider’s stock, valued at approximately $1,032,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after acquiring an additional 2,234,176 shares in the last quarter. Geode Capital Management LLC increased its position in shares of NextEra Energy by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after purchasing an additional 966,152 shares during the last quarter. Norges Bank acquired a new stake in shares of NextEra Energy in the 4th quarter valued at about $2,816,327,000. Price T Rowe Associates Inc. MD raised its stake in shares of NextEra Energy by 6.6% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock valued at $1,474,407,000 after purchasing an additional 1,136,074 shares in the last quarter. Finally, Deutsche Bank AG raised its stake in shares of NextEra Energy by 2.9% in 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 in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Jefferies Financial Group set a $94.00 price target on NextEra Energy in a research note on Tuesday, July 14th. HSBC upped their price objective on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. BMO Capital Markets decreased their target price on NextEra Energy from $102.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday. Wells Fargo & Company set a $102.00 price target on NextEra Energy and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Scotiabank upped their price target on NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.32.

NextEra Energy Trading Down 0.9%

NYSE NEE opened at $88.00 on Tuesday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 0.44 and a current ratio of 0.54. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. The company has a 50-day simple moving average of $87.80 and a 200-day simple moving average of $89.29. The firm has a market capitalization of $183.51 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 2.43 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.06. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.43 billion. During the same quarter in the prior year, the business earned $0.99 earnings per share. NextEra Energy’s quarterly revenue was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. On average, equities analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were given a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio is presently 63.36%.

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.