OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC Invests $8.78 Million in NextEra Energy, Inc. $NEE

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 109,300 shares of the utilities provider’s stock, valued at approximately $8,775,000. NextEra Energy comprises approximately 1.0% of OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings, making the stock its 22nd biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in NEE. Norges Bank acquired a new position in shares of NextEra Energy during the 4th quarter worth $2,816,327,000. Pictet Asset Management Holding SA raised its stake in shares of NextEra Energy by 47.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 9,254,022 shares of the utilities provider’s stock worth $742,913,000 after buying an additional 2,972,924 shares during the last quarter. Danica Pension Livsforsikringsaktieselskab acquired a new position in shares of NextEra Energy during the 3rd quarter worth $177,198,000. Vanguard Group Inc. raised its stake in shares of NextEra Energy by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 216,033,697 shares of the utilities provider’s stock worth $17,343,185,000 after buying an additional 2,234,176 shares during the last quarter. Finally, Amundi raised its stake in shares of NextEra Energy by 16.7% during the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after buying an additional 1,780,881 shares during the last quarter. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on NEE. JPMorgan Chase & Co. lifted their price target on NextEra Energy from $100.00 to $105.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. HSBC lifted their price objective on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Scotiabank lifted their price objective on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research report on Friday, April 24th. Jefferies Financial Group lifted their price objective on NextEra Energy from $92.00 to $93.00 and gave the stock a “hold” rating in a research report on Tuesday, April 21st. Finally, Wall Street Zen cut NextEra Energy from a “hold” rating to a “sell” rating in a research report on Saturday, March 28th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $99.20.

Check Out Our Latest Research Report on NEE

NextEra Energy Stock Performance

NYSE NEE opened at $86.12 on Tuesday. The firm has a market capitalization of $179.59 billion, a P/E ratio of 21.91, a P/E/G ratio of 2.52 and a beta of 0.68. NextEra Energy, Inc. has a 1-year low of $67.20 and a 1-year high of $98.75. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The business’s 50-day simple moving average is $90.80 and its 200-day simple moving average is $88.28.

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

NextEra Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, June 5th were paid a $0.6232 dividend. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s payout ratio is currently 63.36%.

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.

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

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