Vega Investment Solutions Makes New $1.05 Million Investment in NextEra Energy, Inc. $NEE

Vega Investment Solutions acquired a new stake in NextEra Energy, Inc. (NYSE:NEE) in the second quarter, HoldingsChannel.com reports. The firm acquired 12,006 shares of the utilities provider’s stock, valued at approximately $1,054,000.

Several other large investors have also modified their holdings of the company. McDonough Capital Management Inc purchased a new position in shares of NextEra Energy during the second quarter worth approximately $1,869,000. Cetera Trust Company N.A purchased a new stake in NextEra Energy in the 2nd quarter valued at $1,586,000. Aberdeen Wealth Management LLC purchased a new stake in NextEra Energy in the 2nd quarter valued at $35,000. Visionary Wealth Advisors acquired a new stake in NextEra Energy during the 2nd quarter worth $9,965,000. Finally, Cullen Capital Management LLC purchased a new position in NextEra Energy during the 2nd quarter worth $212,308,000. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Stock Up 0.8%

NEE stock opened at $82.46 on Tuesday. The stock has a market capitalization of $172.00 billion, a PE ratio of 18.53, a price-to-earnings-growth ratio of 2.24 and a beta of 0.67. The company has a fifty day moving average of $86.88 and a 200-day moving average of $89.64. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a one year low of $69.24 and a one year high of $98.75.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. The business had revenue of $7.53 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the business posted $1.05 earnings per share. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. As a group, analysts expect that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced 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 annualized dividend and a yield of 3.0%. NextEra Energy’s payout ratio is presently 55.96%.

Wall Street Analyst Weigh In

NEE has been the subject of a number of research reports. Evercore reaffirmed an “outperform” rating and issued a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. DA Davidson boosted their price target on NextEra Energy from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Jefferies Financial Group set a $94.00 price objective on NextEra Energy in a research note on Tuesday, July 14th. BMO Capital Markets increased their price objective on NextEra Energy from $94.00 to $96.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. Finally, Weiss Ratings downgraded NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, NextEra Energy presently has an average rating of “Moderate Buy” and an average price target of $100.33.

NextEra Energy Company 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.