Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD grew its position in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 109.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 75,991 shares of the utilities provider’s stock after purchasing an additional 39,710 shares during the period. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in NextEra Energy were worth $6,670,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in NEE. Kilter Group LLC acquired a new position in shares of NextEra Energy during the second quarter worth about $25,000. Manning & Napier Advisors LLC acquired a new position in NextEra Energy during the 2nd quarter worth approximately $26,000. Pin Oak Investment Advisors Inc. purchased a new position in NextEra Energy in the 2nd quarter worth approximately $26,000. Wealth Watch Advisors INC boosted its holdings in NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after acquiring an additional 226 shares during the period. Finally, Osbon Capital Management LLC acquired a new stake in NextEra Energy in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 78.72% of the company’s stock.
NextEra Energy Stock Performance
Shares of NEE opened at $83.90 on Wednesday. The firm has a market cap of $175.00 billion, a price-to-earnings ratio of 18.85, a PEG ratio of 2.58 and a beta of 0.65. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. The business’s 50 day moving average is $86.36 and its two-hundred day moving average is $89.26. NextEra Energy, Inc. has a 52-week low of $69.37 and a 52-week high of $98.75.
NextEra Energy Dividend Announcement
The business 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 of this dividend 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%.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. HC Wainwright reiterated a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a report on Tuesday, July 14th. JPMorgan Chase & Co. lifted their price target on shares of NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Finally, Mizuho set a $95.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, NextEra Energy presently has a consensus rating of “Moderate Buy” and an average price target of $100.33.
Check Out Our Latest Stock Report on NEE
Key Headlines Impacting NextEra Energy
Here are the key news stories impacting NextEra Energy this week:
- Positive Sentiment: NextEra and the U.S. Department of Energy reached financial close on a loan of up to $1.9 billion to support the restart of the 615-megawatt Duane Arnold Energy Center in Iowa. The facility, which closed in 2020, is targeted to return to service in the first quarter of 2029, subject to regulatory approvals. U.S. Department of Energy Closes Up to $1.9 Billion Loan to Restart NextEra Energy’s Duane Arnold Energy Center
- Positive Sentiment: Restarting Iowa’s only nuclear plant would add reliable, around-the-clock generation capable of serving nearly 500,000 homes. Investors may view the project as strategically valuable because utilities are seeking dependable power to meet surging demand from data centers and AI infrastructure. NextEra Just Secured Up to $1.9 Billion to Restart Iowa’s Only Nuclear Plant
- Positive Sentiment: Shareholders of NextEra and Dominion Energy reportedly approved their proposed merger, removing a significant transaction hurdle. If completed, the combination would create the largest regulated electric utility by market capitalization, potentially improving scale and long-term growth prospects. NextEra-Dominion Merger Wins Shareholder Backing
- Neutral Sentiment: NextEra management will meet with investors throughout September and early October to discuss long-term growth expectations. These meetings could provide additional clarity on the nuclear restart, merger execution and demand from AI-related electricity consumption. NextEra Energy to Meet With Investors
- Negative Sentiment: The Duane Arnold project remains dependent on Nuclear Regulatory Commission licensing, inspections and environmental approvals, leaving execution, timing and cost risks. Broader concerns that regulators are slowing data-center connections also temper the AI-driven utility growth narrative. XLU’s AI Power Story Crumbles as Texas Freezes Data-Center Demand
NextEra Energy Company Profile
NextEra Energy, Inc is an electric power and energy infrastructure company headquartered in Juno Beach, Florida. Through its principal subsidiary, Florida Power & Light Company (FPL), it generates, transmits, distributes and sells electricity to customers in Florida. FPL serves residential, commercial and industrial customers across much of the state.
Through NextEra Energy Resources, the company develops, owns and operates power-generation and storage projects in the United States and Canada.
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