UNIVEST FINANCIAL Corp Acquires 7,373 Shares of NextEra Energy, Inc. $NEE

UNIVEST FINANCIAL Corp boosted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 2.2% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 344,774 shares of the utilities provider’s stock after acquiring an additional 7,373 shares during the period. NextEra Energy accounts for 1.5% of UNIVEST FINANCIAL Corp’s holdings, making the stock its 15th biggest position. UNIVEST FINANCIAL Corp’s holdings in NextEra Energy were worth $30,261,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Anfield Capital Management LLC raised its position in shares of NextEra Energy by 692.3% in the fourth quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the period. Laurel Wealth Advisors LLC bought a new stake in shares of NextEra Energy during the 4th quarter worth about $25,000. Financial Life Planners bought a new stake in shares of NextEra Energy during the 1st quarter worth about $30,000. Wealth Watch Advisors INC grew its stake in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the last quarter. Finally, Manning & Napier Advisors LLC grew its stake in NextEra Energy by 104.9% in the 1st quarter. Manning & Napier Advisors LLC now owns 336 shares of the utilities provider’s stock valued at $31,000 after buying an additional 172 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on NEE shares. Evercore restated an “outperform” rating and set a $107.00 price objective on shares of NextEra Energy in a research report on Monday, May 4th. Wall Street Zen lowered NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. JPMorgan Chase & Co. upped 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. Finally, DA Davidson increased their price objective on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $83.51 on Friday. The business has a fifty day moving average price of $87.05 and a two-hundred day moving average price of $89.75. The stock has a market capitalization of $174.18 billion, a PE ratio of 18.77, a P/E/G ratio of 2.30 and a beta of 0.67. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The company had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.NextEra Energy’s revenue was up 12.4% on a year-over-year basis. During the same quarter last year, the business earned $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, equities 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 announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be given a $0.6232 dividend. 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 payout ratio is presently 55.96%.

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.