NextEra Energy, Inc. $NEE Stock Holdings Lifted by Noesis Capital Mangement Corp

Noesis Capital Mangement Corp raised its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 5.6% during the 1st quarter, Holdings Channel.com reports. The firm owned 177,543 shares of the utilities provider’s stock after acquiring an additional 9,362 shares during the period. NextEra Energy accounts for 2.4% of Noesis Capital Mangement Corp’s investment portfolio, making the stock its 16th biggest position. Noesis Capital Mangement Corp’s holdings in NextEra Energy were worth $16,490,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in NEE. Vanguard Group Inc. lifted its stake in shares of NextEra Energy by 1.0% in the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock valued at $17,343,185,000 after purchasing an additional 2,234,176 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of NextEra Energy by 2.1% in the fourth quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock valued at $3,781,790,000 after acquiring an additional 966,152 shares during the period. Norges Bank bought a new stake in NextEra Energy in the 4th quarter valued at $2,816,327,000. Price T Rowe Associates Inc. MD grew its position in NextEra Energy by 6.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock worth $1,474,407,000 after buying an additional 1,136,074 shares in the last quarter. Finally, Deutsche Bank AG grew its holdings in shares of NextEra Energy by 2.9% during the 4th quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after purchasing an additional 485,854 shares in the last quarter. 78.72% of the stock is owned by hedge funds and other institutional investors.

NextEra Energy Stock Down 0.6%

Shares of NEE stock opened at $89.02 on Thursday. NextEra Energy, Inc. has a 12-month low of $69.24 and a 12-month high of $98.75. The company has a quick ratio of 0.44, a current ratio of 0.54 and a debt-to-equity ratio of 1.41. The firm has a fifty day moving average of $88.11 and a 200-day moving average of $89.12. The company has a market capitalization of $185.63 billion, a price-to-earnings ratio of 22.65, a P/E/G ratio of 2.45 and a beta of 0.67.

NextEra Energy (NYSE:NEEGet Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. The business had revenue of $6.70 billion for the quarter, compared to analysts’ expectations of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. As a group, equities research analysts predict that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were issued a $0.6232 dividend. 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 payout ratio is 63.36%.

Analyst Ratings Changes

NEE has been the topic of a number of analyst reports. Sanford C. Bernstein set a $107.00 target price on shares of NextEra Energy and gave the company an “outperform” rating in a research note on Tuesday, June 16th. Mizuho raised their target price on NextEra Energy from $90.00 to $95.00 and gave the company a “neutral” rating in a research note on Wednesday, April 15th. BTIG Research reissued a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a report on Friday, April 24th. Wells Fargo & Company set a $102.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a research report on Friday, April 24th. Finally, Evercore reaffirmed an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $99.64.

View Our Latest Analysis on NEE

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About NextEra Energy

(Free Report)

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.

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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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