Flputnam Investment Management Co. Has $36.18 Million Stock Holdings in NextEra Energy, Inc. $NEE

Flputnam Investment Management Co. boosted its holdings in shares of NextEra Energy, Inc. (NYSE:NEE) by 14.3% during the second quarter, HoldingsChannel reports. The fund owned 412,261 shares of the utilities provider’s stock after purchasing an additional 51,512 shares during the quarter. Flputnam Investment Management Co.’s holdings in NextEra Energy were worth $36,184,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NEE. Anfield Capital Management LLC lifted its holdings in shares of NextEra Energy by 692.3% during the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the period. Kilter Group LLC acquired a new stake in NextEra Energy in the second quarter valued at $25,000. Manning & Napier Advisors LLC acquired a new stake in NextEra Energy in the second quarter valued at $26,000. Pin Oak Investment Advisors Inc. bought a new position in NextEra Energy during the 2nd quarter worth $26,000. Finally, Wealth Watch Advisors INC raised its position in NextEra Energy by 223.8% during 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 during the last quarter. 78.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on NEE. Mizuho set a $95.00 price target on NextEra Energy in a research report on Monday, July 27th. JPMorgan Chase & Co. raised their price objective on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Erste Group Bank lowered NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Morgan Stanley set a $114.00 price objective on NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, August 21st. Finally, BMO Capital Markets upped 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. Seventeen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Price Performance

NEE stock opened at $83.96 on Friday. The firm has a market cap of $175.12 billion, a price-to-earnings ratio of 18.87, a PEG ratio of 2.57 and a beta of 0.65. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75. The company’s fifty day simple moving average is $86.64 and its 200 day simple moving average is $89.45.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS 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 business had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The business’s quarterly revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio is presently 55.96%.

NextEra Energy Company 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.