NextEra Energy, Inc. $NEE Shares Acquired by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. grew its position in NextEra Energy, Inc. (NYSE:NEE) by 2.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 391,163 shares of the utilities provider’s stock after acquiring an additional 11,131 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in NextEra Energy were worth $34,332,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Wedbush Securities Inc. raised its position in shares of NextEra Energy by 3.1% in the second quarter. Wedbush Securities Inc. now owns 78,103 shares of the utilities provider’s stock valued at $6,855,000 after buying an additional 2,380 shares during the last quarter. Meiji Yasuda Life Insurance Co boosted its position in NextEra Energy by 0.7% during the second quarter. Meiji Yasuda Life Insurance Co now owns 34,164 shares of the utilities provider’s stock worth $2,999,000 after acquiring an additional 237 shares during the last quarter. Hollencrest Capital Management boosted its position in NextEra Energy by 14.2% during the second quarter. Hollencrest Capital Management now owns 7,832 shares of the utilities provider’s stock worth $687,000 after acquiring an additional 971 shares during the last quarter. Greenwood Capital Associates LLC grew its stake in NextEra Energy by 1.5% during the 2nd quarter. Greenwood Capital Associates LLC now owns 103,611 shares of the utilities provider’s stock valued at $9,094,000 after acquiring an additional 1,486 shares in the last quarter. Finally, Capital Advisors Inc. OK grew its stake in NextEra Energy by 2.6% during the 2nd quarter. Capital Advisors Inc. OK now owns 9,574 shares of the utilities provider’s stock valued at $840,000 after acquiring an additional 246 shares in the last quarter. 78.72% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NEE has been the topic of a number of research reports. Wall Street Zen lowered shares of NextEra Energy from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 22nd. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Weiss Ratings cut NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday, June 11th. Bank of America reduced their price objective on NextEra Energy from $95.00 to $93.00 and set a “neutral” rating on the stock in a research report on Monday, July 13th. Finally, Barclays set a $91.00 price objective on NextEra Energy and gave the stock an “equal weight” rating in a research note on Tuesday, July 7th. Seventeen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Stock Performance

NYSE:NEE opened at $83.96 on Friday. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.53 and a quick ratio of 0.44. The firm has a market capitalization of $175.12 billion, a price-to-earnings ratio of 18.87, a PEG ratio of 2.57 and a beta of 0.65. The company’s 50-day moving average is $86.64 and its two-hundred day moving average is $89.45. NextEra Energy, Inc. has a 1-year low of $69.24 and a 1-year high of $98.75.

NextEra Energy (NYSE:NEE) last announced 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 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% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Announces Dividend

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 paid 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 yield of 3.0%. NextEra Energy’s dividend payout ratio (DPR) is 55.96%.

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.