Vontobel Holding Ltd. lifted its stake in NextEra Energy, Inc. (NYSE:NEE – Free Report) by 20.2% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,391,408 shares of the utilities provider’s stock after purchasing an additional 402,481 shares during the quarter. Vontobel Holding Ltd.’s holdings in NextEra Energy were worth $209,894,000 at the end of the most recent reporting period.
A number of other large investors have also added to or reduced their stakes in NEE. Walker Asset Management LLC raised its holdings in NextEra Energy by 2.2% in the 1st quarter. Walker Asset Management LLC now owns 5,010 shares of the utilities provider’s stock valued at $465,000 after acquiring an additional 107 shares in the last quarter. PUREfi Wealth LLC lifted its position in shares of NextEra Energy by 0.9% during the 1st quarter. PUREfi Wealth LLC now owns 12,594 shares of the utilities provider’s stock valued at $1,170,000 after acquiring an additional 107 shares during the period. Garrison Point Advisors LLC grew its holdings in shares of 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 purchasing an additional 109 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of NextEra Energy by 12.8% during the 1st quarter. Cornerstone Planning Group LLC now owns 978 shares of the utilities provider’s stock worth $94,000 after purchasing an additional 111 shares in the last quarter. Finally, Legacy Wealth Managment LLC ID increased its position in shares of NextEra Energy by 23.2% in the first quarter. Legacy Wealth Managment LLC ID now owns 594 shares of the utilities provider’s stock worth $55,000 after purchasing an additional 112 shares during the period. Institutional investors and hedge funds own 78.72% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on NEE shares. BMO Capital Markets boosted their price target on NextEra Energy from $94.00 to $96.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. HC Wainwright reissued a “buy” rating on shares of NextEra Energy in a report on Monday, July 27th. Morgan Stanley set a $114.00 target price on shares of NextEra Energy and gave the company an “overweight” rating in a report on Friday. Sanford C. Bernstein restated an “outperform” rating and issued a $108.00 target price on shares of NextEra Energy in a research report on Monday, July 27th. Finally, Evercore reiterated an “outperform” rating and set a $107.00 price target on shares of NextEra Energy in a research report on Monday, May 4th. Seventeen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $100.33.
NextEra Energy Price Performance
Shares of NEE stock opened at $83.71 on Friday. 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 twelve month low of $69.24 and a twelve month high of $98.75. The company has a market cap of $174.60 billion, a P/E ratio of 18.81, a P/E/G ratio of 2.29 and a beta of 0.67. The business has a fifty day simple moving average of $87.22 and a 200 day simple moving average of $89.88.
NextEra Energy (NYSE:NEE – Get Free Report) last released its quarterly earnings data 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. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The business had revenue of $7.53 billion for the quarter, compared to analyst estimates of $8.11 billion. During the same period last year, the firm posted $1.05 earnings per share. NextEra Energy’s revenue was up 12.4% compared to the same quarter last year. NextEra Energy has set its FY 2026 guidance at 3.920-4.020 EPS. On average, sell-side analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.
NextEra Energy Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, August 28th will be paid a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, August 28th. NextEra Energy’s dividend payout ratio (DPR) is presently 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.
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