Opal Capital LLC Takes Position in NextEra Energy, Inc. $NEE

Opal Capital LLC bought a new stake in NextEra Energy, Inc. (NYSE:NEE) in the 4th quarter, HoldingsChannel.com reports. The firm bought 135,976 shares of the utilities provider’s stock, valued at approximately $10,936,000. NextEra Energy makes up 2.7% of Opal Capital LLC’s investment portfolio, making the stock its 4th biggest holding.

Other large investors also recently made changes to their positions in the company. Anfield Capital Management LLC boosted its stake in NextEra Energy by 692.3% during the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 270 shares during the last quarter. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy during the 4th quarter valued at about $25,000. Quest 10 Wealth Builders Inc. boosted its stake in NextEra Energy by 135.4% during the 4th quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after purchasing an additional 218 shares during the last quarter. Strive Asset Management LLC acquired a new position in NextEra Energy during the 3rd quarter valued at about $29,000. Finally, Joseph Group Capital Management acquired a new position in NextEra Energy during the 4th quarter valued at about $32,000. 78.72% of the stock is currently owned by institutional investors and hedge funds.

NextEra Energy Price Performance

NextEra Energy stock opened at $86.25 on Wednesday. NextEra Energy, Inc. has a 12 month low of $67.20 and a 12 month high of $98.75. The company has a current ratio of 0.54, a quick ratio of 0.44 and a debt-to-equity ratio of 1.41. The business’s 50 day simple moving average is $90.66 and its 200 day simple moving average is $88.28. The company has a market cap of $179.86 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 2.53 and a beta of 0.68.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings data on Thursday, April 23rd. The utilities provider reported $1.09 EPS for the quarter, beating the consensus estimate of $1.03 by $0.06. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.43 billion. During the same quarter in the prior year, the business earned $0.99 earnings per share. NextEra Energy’s revenue for the quarter was up 7.3% on a year-over-year basis. NextEra Energy has set its FY 2026 guidance at 3.920-4.02 EPS. Sell-side 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 was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were issued a dividend of $0.6232 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $2.49 dividend on an annualized basis and a yield of 2.9%. NextEra Energy’s payout ratio is presently 63.36%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NEE. Sanford C. Bernstein set a $107.00 price target on NextEra Energy in a research note on Tuesday. UBS Group lifted their price target on NextEra Energy from $91.00 to $104.00 and gave the company a “buy” rating in a research note on Thursday, March 5th. BTIG Research reiterated a “buy” rating and set a $112.00 price target on shares of NextEra Energy in a research note on Friday, April 24th. HSBC lifted their price target on NextEra Energy from $103.00 to $106.00 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, JPMorgan Chase & Co. lifted their price target on NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $99.57.

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.