NextEra Energy, Inc. $NEE Stock Position Lifted by Robbins Farley

Robbins Farley raised its stake in NextEra Energy, Inc. (NYSE:NEE) by 13.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 79,699 shares of the utilities provider’s stock after purchasing an additional 9,339 shares during the quarter. NextEra Energy makes up 2.7% of Robbins Farley’s holdings, making the stock its 7th largest position. Robbins Farley’s holdings in NextEra Energy were worth $6,995,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of NEE. Geode Capital Management LLC boosted its position in NextEra Energy by 2.1% during 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 purchasing an additional 966,152 shares during the last quarter. Norges Bank acquired a new position in NextEra Energy in the 4th quarter worth about $2,816,327,000. Price T Rowe Associates Inc. MD raised its stake in shares of NextEra Energy by 6.6% during the 4th 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 purchasing an additional 1,136,074 shares in the last quarter. Deutsche Bank AG lifted 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 valued at $1,387,347,000 after buying an additional 485,854 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of NextEra Energy by 1.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock valued at $1,382,473,000 after buying an additional 253,273 shares in the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Wall Street Analyst Weigh In

NEE has been the topic of a number of research reports. Wall Street Zen downgraded NextEra Energy from a “sell” rating to a “strong sell” rating in a report on Saturday, August 22nd. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Sanford C. Bernstein restated an “outperform” rating and set a $108.00 price target 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 company an “equal weight” rating in a report on Tuesday, July 7th. Finally, Morgan Stanley set a $114.00 price objective on shares of NextEra Energy and gave the company an “overweight” rating in a research note on Friday, August 21st. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $100.33.

NextEra Energy Stock Performance

NYSE:NEE opened at $83.33 on Friday. The firm has a market capitalization of $173.81 billion, a PE ratio of 18.73, a PEG ratio of 2.60 and a beta of 0.65. NextEra Energy, Inc. has a 1 year low of $69.24 and a 1 year high of $98.75. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. The firm’s fifty day simple moving average is $86.54 and its 200 day simple moving average is $89.41.

NextEra Energy (NYSE:NEE) last released 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. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The firm had revenue of $7.53 billion during the quarter, compared to analyst estimates of $8.11 billion. During the same quarter in the previous year, the business earned $1.05 EPS. The business’s revenue was up 12.4% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be issued a $0.6232 dividend. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is 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.