Odyssean LLC Acquires Shares of 6,251 NextEra Energy, Inc. $NEE

Odyssean LLC bought a new position in shares of NextEra Energy, Inc. (NYSE:NEE) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,251 shares of the utilities provider’s stock, valued at approximately $549,000.

Other large investors also recently modified their holdings of the company. Walker Asset Management LLC raised its position in NextEra Energy by 2.2% during the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after purchasing an additional 107 shares during the last quarter. PUREfi Wealth LLC grew its position in shares of NextEra Energy by 0.9% in the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock worth $1,170,000 after buying an additional 107 shares during the last quarter. Garrison Point Advisors LLC increased its stake in shares of NextEra Energy by 0.4% during the fourth quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock valued at $2,269,000 after buying an additional 109 shares during the period. Cornerstone Planning Group LLC increased its stake in shares of NextEra Energy by 12.8% during the first quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock valued at $94,000 after buying an additional 111 shares during the period. Finally, Legacy Wealth Managment LLC ID raised its holdings in shares of NextEra Energy by 23.2% during the first 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 in the last quarter. 78.72% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently commented on NEE shares. Barclays set a $91.00 price target on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 price objective on shares of NextEra Energy in a report on Monday, July 27th. JPMorgan Chase & Co. raised their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Bank of America cut their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research note on Monday, July 13th. Finally, HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Price Performance

Shares of NYSE NEE opened at $83.33 on Friday. NextEra Energy, Inc. has a fifty-two week low of $69.24 and a fifty-two week high of $98.75. The company has a 50 day simple moving average of $86.54 and a two-hundred day simple moving average of $89.41. The company has a market capitalization of $173.81 billion, a price-to-earnings ratio of 18.73, a P/E/G ratio of 2.58 and a beta of 0.65. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53.

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 firm 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%.The business’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be paid a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a 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.