NextEra Energy, Inc. $NEE Shares Acquired by Rakuten Investment Management Inc.

Rakuten Investment Management Inc. increased its position in shares of NextEra Energy, Inc. (NYSE:NEE) by 1,287.3% in the fourth quarter, HoldingsChannel reports. The firm owned 272,979 shares of the utilities provider’s stock after acquiring an additional 253,302 shares during the quarter. Rakuten Investment Management Inc.’s holdings in NextEra Energy were worth $21,912,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Garrison Point Advisors LLC raised its position in NextEra Energy by 0.4% during the 4th quarter. Garrison Point Advisors LLC now owns 28,267 shares of the utilities provider’s stock worth $2,269,000 after buying an additional 109 shares during the last quarter. 3Chopt Investment Partners LLC increased its stake in shares of NextEra Energy by 0.8% in the fourth quarter. 3Chopt Investment Partners LLC now owns 14,105 shares of the utilities provider’s stock worth $1,132,000 after acquiring an additional 114 shares during the period. Nemes Rush Group LLC increased its stake in shares of NextEra Energy by 5.2% in the fourth quarter. Nemes Rush Group LLC now owns 2,354 shares of the utilities provider’s stock worth $189,000 after acquiring an additional 117 shares during the period. Isthmus Partners LLC increased its stake in shares of NextEra Energy by 1.9% in the third quarter. Isthmus Partners LLC now owns 6,590 shares of the utilities provider’s stock worth $497,000 after acquiring an additional 120 shares during the period. Finally, Westmount Partners LLC increased its stake in shares of NextEra Energy by 1.9% in the fourth quarter. Westmount Partners LLC now owns 6,660 shares of the utilities provider’s stock worth $535,000 after acquiring an additional 125 shares during the period. Hedge funds and other institutional investors own 78.72% of the company’s stock.

NextEra Energy Stock Performance

NEE opened at $86.12 on Tuesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 0.54 and a quick ratio of 0.44. The firm has a fifty day moving average price of $90.80 and a 200 day moving average price of $88.28. NextEra Energy, Inc. has a 1 year low of $67.20 and a 1 year high of $98.75. The stock has a market cap of $179.59 billion, a P/E ratio of 21.91, a P/E/G ratio of 2.52 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last issued its quarterly earnings results on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, topping the consensus estimate of $1.03 by $0.06. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a net margin of 29.36% and a return on equity of 12.25%. The firm’s revenue was up 7.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.99 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Equities research analysts anticipate that NextEra Energy, Inc. will post 4.01 earnings per share for the current year.

NextEra Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were paid a dividend of $0.6232 per share. This represents a $2.49 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 5th. NextEra Energy’s payout ratio is 63.36%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Wall Street Zen lowered shares of NextEra Energy from a “hold” rating to a “sell” rating in a research note on Saturday, March 28th. Scotiabank upped their target price on NextEra Energy from $102.00 to $110.00 and gave the stock a “sector perform” rating in a research note on Friday, April 24th. DA Davidson raised their target price on NextEra Energy from $95.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a report on Thursday. Finally, Evercore reaffirmed an “outperform” rating and set a $107.00 target price on shares of NextEra Energy in a report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $99.20.

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.