Iyo Bank Ltd. Makes New $7.25 Million Investment in NextEra Energy, Inc. $NEE

Iyo Bank Ltd. bought a new position in NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, Holdings Channel reports. The firm bought 82,603 shares of the utilities provider’s stock, valued at approximately $7,250,000. NextEra Energy makes up 2.2% of Iyo Bank Ltd.’s investment portfolio, making the stock its 20th biggest holding.

Several other hedge funds have also made changes to their positions in NEE. Indivisible Partners purchased a new stake in shares of NextEra Energy during the 4th quarter valued at $1,355,000. Czech National Bank increased its holdings in shares of NextEra Energy by 4.7% during the second quarter. Czech National Bank now owns 593,568 shares of the utilities provider’s stock valued at $52,097,000 after acquiring an additional 26,378 shares in the last quarter. Swedbank AB raised its position in shares of NextEra Energy by 13.4% in the 4th quarter. Swedbank AB now owns 1,016,630 shares of the utilities provider’s stock valued at $81,615,000 after purchasing an additional 120,389 shares during the last quarter. Annex Advisory Services LLC grew its position in NextEra Energy by 13.9% during the 2nd quarter. Annex Advisory Services LLC now owns 711,009 shares of the utilities provider’s stock worth $62,405,000 after purchasing an additional 86,585 shares during the last quarter. Finally, MGO One Seven LLC increased its stake in NextEra Energy by 12.1% during the 4th quarter. MGO One Seven LLC now owns 137,251 shares of the utilities provider’s stock valued at $11,018,000 after purchasing an additional 14,828 shares in the last quarter. 78.72% of the stock is currently owned by hedge funds and other institutional investors.

NextEra Energy Price Performance

NextEra Energy stock opened at $81.74 on Friday. The stock has a market capitalization of $170.49 billion, a P/E ratio of 18.37, a P/E/G ratio of 2.24 and a beta of 0.67. The company’s fifty day moving average price is $86.95 and its 200 day moving average price is $89.70. 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 1 year low of $69.24 and a 1 year high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $8.11 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is currently 55.96%.

Analyst Ratings Changes

Several equities analysts recently issued reports on NEE shares. Jefferies Financial Group set a $94.00 target price on NextEra Energy in a research report on Tuesday, July 14th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a report on Monday, July 27th. Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research report on Thursday, June 25th. Finally, Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Seventeen 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 presently 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.