NBH Bank Purchases New Shares in NextEra Energy, Inc. $NEE

NBH Bank purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 13,101 shares of the utilities provider’s stock, valued at approximately $1,150,000.

Several other hedge funds and other institutional investors have also bought and sold shares of NEE. Norges Bank acquired a new stake in NextEra Energy during the fourth quarter worth approximately $2,816,327,000. Legal & General Group Plc bought a new position in NextEra Energy in the second quarter valued at about $1,465,987,000. GQG Partners LLC bought a new stake in shares of NextEra Energy during the 2nd quarter valued at approximately $651,293,000. Canada Pension Plan Investment Board bought a new stake in shares of NextEra Energy during the second quarter worth $389,527,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in shares of NextEra Energy during the 2nd quarter valued at $288,886,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Trading Down 0.9%

NYSE:NEE opened at $83.33 on Friday. NextEra Energy, Inc. has a 52 week low of $69.24 and a 52 week high of $98.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The firm’s fifty day moving average is $86.54 and its 200-day moving average is $89.41. The firm has a market cap of $173.81 billion, a P/E ratio of 18.73, a P/E/G ratio of 2.58 and a beta of 0.65.

NextEra Energy (NYSE:NEE) last announced its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. NextEra Energy’s quarterly revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the firm earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts expect that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio is presently 55.96%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on NEE shares. Mizuho set a $95.00 target price on NextEra Energy in a report on Monday, July 27th. HC Wainwright reaffirmed a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Sanford C. Bernstein reissued an “outperform” rating and issued a $108.00 price objective on shares of NextEra Energy in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. increased their price objective on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.