82,520 Shares in NextEra Energy, Inc. $NEE Acquired by Shelter Mutual Insurance Co

Shelter Mutual Insurance Co acquired a new position in shares of NextEra Energy, Inc. (NYSE:NEE) in the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 82,520 shares of the utilities provider’s stock, valued at approximately $7,243,000. NextEra Energy comprises approximately 1.5% of Shelter Mutual Insurance Co’s investment portfolio, making the stock its 25th largest position.

Other large investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new stake in NextEra Energy during the fourth quarter worth approximately $25,000. Anfield Capital Management LLC boosted its holdings in shares of NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares in the last quarter. Kilter Group LLC purchased a new position in shares of NextEra Energy in the 2nd quarter valued at $25,000. Wealth Watch Advisors INC grew its position in shares of NextEra Energy by 223.8% in the 4th quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after buying an additional 226 shares during the last quarter. Finally, Osbon Capital Management LLC acquired a new stake in NextEra Energy during the 4th quarter worth $27,000. Hedge funds and other institutional investors own 78.72% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on NEE shares. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research report on Monday, July 27th. BMO Capital Markets lifted their target price on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. DA Davidson boosted their target price on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Wall Street Zen cut NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Finally, Erste Group Bank downgraded NextEra Energy from a “buy” rating to a “hold” rating in a research note on Thursday, June 25th. Seventeen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, NextEra Energy presently has an average rating of “Moderate Buy” and an average target price of $100.33.

NextEra Energy Price Performance

Shares of NYSE:NEE opened at $81.74 on Friday. The company has a 50-day simple moving average of $86.95 and a 200-day simple moving average of $89.70. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75. 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 stock has a market capitalization of $170.49 billion, a price-to-earnings ratio of 18.37, a PEG ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data 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. The company had revenue of $7.53 billion during 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 firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same period last year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, 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 will be paid on Tuesday, September 15th. Shareholders of record on Friday, August 28th will be given 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 dividend payout ratio is presently 55.96%.

NextEra Energy Profile

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.