Meiji Yasuda America Inc Acquires 11,644 Shares of NextEra Energy, Inc. $NEE

Meiji Yasuda America Inc raised its holdings in NextEra Energy, Inc. (NYSE:NEE) by 17.9% during the second quarter, Holdings Channel reports. The institutional investor owned 76,542 shares of the utilities provider’s stock after buying an additional 11,644 shares during the quarter. NextEra Energy makes up about 1.1% of Meiji Yasuda America Inc’s holdings, making the stock its 27th largest position. Meiji Yasuda America Inc’s holdings in NextEra Energy were worth $6,718,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in NEE. Atria Investments Inc increased its position in shares of NextEra Energy by 5.3% during the second quarter. Atria Investments Inc now owns 162,938 shares of the utilities provider’s stock worth $14,301,000 after acquiring an additional 8,165 shares in the last quarter. Hamilton Point Investment Advisors LLC lifted its position in NextEra Energy by 2.1% in the 2nd quarter. Hamilton Point Investment Advisors LLC now owns 104,157 shares of the utilities provider’s stock valued at $9,142,000 after acquiring an additional 2,188 shares in the last quarter. Clark Wealth Partners boosted its stake in NextEra Energy by 605.1% during the 2nd quarter. Clark Wealth Partners now owns 1,248 shares of the utilities provider’s stock valued at $110,000 after purchasing an additional 1,071 shares during the last quarter. Baldwin Investment Management LLC boosted its stake in NextEra Energy by 66.1% during the 2nd quarter. Baldwin Investment Management LLC now owns 62,458 shares of the utilities provider’s stock valued at $5,482,000 after purchasing an additional 24,850 shares during the last quarter. Finally, Jmac Enterprises LLC increased its holdings in NextEra Energy by 1.7% during the 2nd quarter. Jmac Enterprises LLC now owns 12,265 shares of the utilities provider’s stock worth $1,077,000 after purchasing an additional 204 shares in the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. TD Cowen lifted their target price on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Evercore reissued an “outperform” rating and issued a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Morgan Stanley restated an “overweight” rating and set a $116.00 price objective on shares of NextEra Energy in a research note on Wednesday, July 22nd. DA Davidson lifted their price objective on shares of NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Finally, Wells Fargo & Company set a $102.00 target price on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $99.36.

NextEra Energy Stock Performance

NYSE NEE opened at $86.29 on Wednesday. The company has a market capitalization of $179.98 billion, a PE ratio of 19.39, a price-to-earnings-growth ratio of 2.36 and a beta of 0.67. 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, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75. The company has a 50-day simple moving average of $87.25 and a 200 day simple moving average of $89.96.

NextEra Energy (NYSE:NEE) last released its earnings results 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. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The company’s quarterly 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. On average, research analysts predict that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The company also recently disclosed 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 2.9%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio is 55.96%.

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.