21,291 Shares in NextEra Energy, Inc. $NEE Acquired by McDonough Capital Management Inc

McDonough Capital Management Inc bought a new stake in shares of NextEra Energy, Inc. (NYSE:NEE) during the 2nd quarter, Holdings Channel reports. The firm bought 21,291 shares of the utilities provider’s stock, valued at approximately $1,869,000. NextEra Energy comprises 0.9% of McDonough Capital Management Inc’s investment portfolio, making the stock its 22nd biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank bought a new stake in NextEra Energy during the fourth quarter valued at approximately $2,816,327,000. GQG Partners LLC bought a new position in NextEra Energy in the second quarter worth approximately $651,293,000. Employees Provident Fund Board purchased a new position in shares of NextEra Energy during the 4th quarter worth $240,840,000. Cullen Capital Management LLC bought a new stake in shares of NextEra Energy during the 2nd quarter valued at $212,308,000. Finally, Amundi raised its holdings in NextEra Energy by 16.7% in the 3rd quarter. Amundi now owns 12,461,783 shares of the utilities provider’s stock worth $1,012,129,000 after purchasing an additional 1,780,881 shares during the period. 78.72% of the stock is owned by institutional investors.

NextEra Energy Stock Performance

NYSE:NEE opened at $82.46 on Tuesday. The company has a current ratio of 0.53, a quick ratio of 0.44 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 stock has a 50-day moving average price of $86.88 and a 200 day moving average price of $89.64. The stock has a market capitalization of $172.00 billion, a P/E ratio of 18.53, a P/E/G ratio of 2.24 and a beta of 0.67.

NextEra Energy (NYSE:NEE) last posted its quarterly earnings results on Friday, July 24th. The utilities provider reported $1.15 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.04. NextEra Energy had a return on equity of 12.28% and a net margin of 32.40%.The company had revenue of $7.53 billion for the quarter, compared to analysts’ expectations of $8.11 billion. During the same period in the previous year, the firm earned $1.05 EPS. The firm’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. Equities research analysts forecast that NextEra Energy, Inc. will post 4.01 EPS for the current fiscal year.

NextEra Energy Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Friday, August 28th will be given a dividend of $0.6232 per share. The ex-dividend date is Friday, August 28th. This represents a $2.49 dividend on an annualized basis and a dividend yield of 3.0%. NextEra Energy’s dividend payout ratio is currently 55.96%.

Analysts Set New Price Targets

A number of analysts have commented on the company. Wall Street Zen cut NextEra Energy from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Mizuho set a $95.00 price objective on NextEra Energy in a research note on Monday, July 27th. Morgan Stanley set a $114.00 target price on shares of NextEra Energy and gave the stock an “overweight” rating in a research note on Friday, August 21st. Erste Group Bank downgraded shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and issued a $108.00 price target on shares of NextEra Energy in a research report on Monday, July 27th. Seventeen equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $100.33.

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.