Temasek Holdings Private Ltd Purchases 123,274 Shares of NextEra Energy, Inc. $NEE

Temasek Holdings Private Ltd raised its holdings in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 36.7% during the first quarter, HoldingsChannel.com reports. The firm owned 459,165 shares of the utilities provider’s stock after acquiring an additional 123,274 shares during the quarter. Temasek Holdings Private Ltd’s holdings in NextEra Energy were worth $42,647,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of NEE. Walker Asset Management LLC raised its stake in shares of NextEra Energy by 2.2% during the first quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock worth $465,000 after buying an additional 107 shares during the last quarter. PUREfi Wealth LLC boosted its stake in NextEra Energy by 0.9% in the first quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after acquiring an additional 107 shares during the last quarter. Garrison Point Advisors LLC grew its holdings in NextEra Energy by 0.4% during the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after acquiring an additional 109 shares during the period. Cornerstone Planning Group LLC raised its position in shares of NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after acquiring an additional 111 shares during the last quarter. Finally, Legacy Wealth Managment LLC ID raised its position in shares of NextEra Energy by 23.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock valued at $55,000 after acquiring an additional 112 shares during the last quarter. Institutional investors own 78.72% of the company’s stock.

Key Headlines Impacting NextEra Energy

Here are the key news stories impacting NextEra Energy this week:

NextEra Energy Stock Down 0.3%

NYSE:NEE opened at $87.73 on Wednesday. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The stock has a 50-day moving average price of $87.67 and a two-hundred day moving average price of $89.35. The stock has a market cap of $182.95 billion, a price-to-earnings ratio of 22.32, a PEG ratio of 2.40 and a beta of 0.67. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41.

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

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, June 5th. NextEra Energy’s dividend payout ratio (DPR) is 63.36%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on NEE shares. DA Davidson increased their price target on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. Bank of America dropped their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a report on Monday, July 13th. Evercore reissued an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Mizuho raised their target price on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a report on Wednesday, April 15th. Finally, Wall Street Zen upgraded NextEra Energy from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $99.32.

Get Our Latest Report on NextEra Energy

NextEra Energy Company Profile

(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.

See Also

Want to see what other hedge funds are holding NEE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NextEra Energy, Inc. (NYSE:NEEFree Report).

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

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