BOCHK Asset Management Ltd Makes New $2.37 Million Investment in NextEra Energy, Inc. $NEE

BOCHK Asset Management Ltd bought a new position in NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 27,000 shares of the utilities provider’s stock, valued at approximately $2,370,000.

Other large investors have also made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new position in NextEra Energy in the 4th quarter worth approximately $25,000. Anfield Capital Management LLC raised 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 period. Wealth Watch Advisors INC lifted its holdings in shares of NextEra Energy by 223.8% in the fourth quarter. Wealth Watch Advisors INC now owns 327 shares of the utilities provider’s stock valued at $26,000 after purchasing an additional 226 shares in the last quarter. Osbon Capital Management LLC purchased a new stake in shares of NextEra Energy in the fourth quarter valued at $27,000. Finally, Strive Asset Management LLC acquired a new stake in shares of NextEra Energy in the third quarter worth $29,000. Institutional investors and hedge funds own 78.72% of the company’s stock.

Analysts Set New Price Targets

NEE has been the topic of a number of research analyst reports. TD Cowen lifted their price target on NextEra Energy from $99.00 to $101.00 and gave the company a “buy” rating in a report on Monday, April 27th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a research note on Monday, July 27th. Weiss Ratings lowered NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 11th. Mizuho set a $95.00 target price on NextEra Energy in a research note on Monday, July 27th. Finally, BTIG Research reissued a “buy” rating and issued a $112.00 price target on shares of NextEra Energy in a research report on Friday, April 24th. Seventeen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

NextEra Energy Trading Down 1.6%

NYSE:NEE opened at $83.71 on Friday. The company’s 50 day moving average is $87.22 and its 200-day moving average is $89.88. The company has a quick ratio of 0.44, a current ratio of 0.53 and a debt-to-equity ratio of 1.45. NextEra Energy, Inc. has a 12 month low of $69.24 and a 12 month high of $98.75. The firm has a market cap of $174.60 billion, a price-to-earnings ratio of 18.81, a P/E/G ratio of 2.33 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last announced its earnings results on Friday, July 24th. The utilities provider reported $1.15 earnings per share for the quarter, beating the consensus estimate of $1.11 by $0.04. The firm had revenue of $7.53 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.05 EPS. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. Equities analysts anticipate that NextEra Energy, Inc. will post 4.01 EPS for the current year.

NextEra Energy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be issued a dividend of $0.6232 per share. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 55.96%.

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.