Harel Insurance Investments & Financial Services Ltd. Has $1.21 Million Stock Holdings in NextEra Energy, Inc. $NEE

Harel Insurance Investments & Financial Services Ltd. grew its stake in NextEra Energy, Inc. (NYSE:NEE) by 101.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,825 shares of the utilities provider’s stock after acquiring an additional 6,966 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in NextEra Energy were worth $1,213,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of NEE. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy during the fourth quarter valued at approximately $25,000. Anfield Capital Management LLC increased its position in shares of NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 270 shares during the last quarter. Wealth Watch Advisors INC increased its position in shares of NextEra Energy by 223.8% during the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock worth $26,000 after purchasing an additional 226 shares during the last quarter. Osbon Capital Management LLC bought a new stake in shares of NextEra Energy during the 4th quarter worth approximately $27,000. Finally, Strive Asset Management LLC bought a new stake in shares of NextEra Energy during the 3rd quarter worth approximately $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $86.29 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.44 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The stock has a 50 day moving average of $87.25 and a 200-day moving average of $89.96. The company has a market capitalization of $179.98 billion, a P/E ratio of 19.39, a P/E/G ratio of 2.36 and a beta of 0.67.

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

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be issued a dividend of $0.6232 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $2.49 annualized dividend and a dividend yield of 2.9%. NextEra Energy’s payout ratio is presently 55.96%.

Analysts Set New Price Targets

Several research firms recently weighed in on NEE. Evercore reissued an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a research note on Monday, May 4th. Jefferies Financial Group set a $94.00 price target on shares of NextEra Energy in a research report on Tuesday, July 14th. Scotiabank increased their price target on shares of NextEra Energy from $102.00 to $110.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Barclays set a $91.00 price target on shares of NextEra Energy and gave the company an “equal weight” rating in a research note on Tuesday, July 7th. Finally, Erste Group Bank lowered shares of NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $99.36.

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.