16,415 Shares in NextEra Energy, Inc. $NEE Bought by Dala Group LLC

Dala Group LLC purchased a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 16,415 shares of the utilities provider’s stock, valued at approximately $1,441,000. NextEra Energy accounts for 1.2% of Dala Group LLC’s investment portfolio, making the stock its 21st largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Catalyst Investment Management LLC bought a new position in shares of NextEra Energy in the second quarter worth about $287,000. Sound Financial Strategies Group LLC bought a new position in shares of NextEra Energy during the 2nd quarter valued at approximately $390,000. Chancellor Financial Group WB LP purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $3,555,000. Great Lakes Advisors LLC purchased a new stake in NextEra Energy in the 2nd quarter worth approximately $62,778,000. Finally, Danica Pension Livsforsikringsaktieselskab bought a new stake in NextEra Energy during the 2nd quarter worth approximately $73,107,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Performance

Shares of NYSE NEE opened at $83.51 on Friday. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. The company has a market cap of $174.18 billion, a P/E ratio of 18.77, a P/E/G ratio of 2.30 and a beta of 0.67. The firm’s fifty day moving average is $87.05 and its two-hundred day moving average is $89.75. NextEra Energy, Inc. has a 52-week low of $69.24 and a 52-week high of $98.75.

NextEra Energy (NYSE:NEE) last released its quarterly earnings data on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, beating the consensus estimate of $1.11 by $0.04. The business had revenue of $7.53 billion during the quarter, compared to the consensus estimate of $8.11 billion. NextEra Energy had a net margin of 32.40% and a return on equity of 12.28%. The business’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Announces Dividend

The company 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 $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 payout ratio is presently 55.96%.

Analysts Set New Price Targets

A number of research firms have weighed in on NEE. Bank of America dropped their price target on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. DA Davidson lifted their target price on shares of NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, May 5th. BMO Capital Markets lifted their target price on shares of NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Barclays set a $91.00 target price on shares of NextEra Energy and gave the stock an “equal weight” rating in a report on Tuesday, July 7th. Finally, Morgan Stanley set a $114.00 price target on NextEra Energy and gave the company an “overweight” rating in a report on Friday, August 21st. Seventeen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $100.33.

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.