University of Texas Texas AM Investment Management Co. Raises Position in NextEra Energy, Inc. $NEE

University of Texas Texas AM Investment Management Co. lifted its position in shares of NextEra Energy, Inc. (NYSE:NEEFree Report) by 595.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 28,409 shares of the utilities provider’s stock after acquiring an additional 24,323 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in NextEra Energy were worth $2,281,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Anfield Capital Management LLC grew its stake in NextEra Energy by 692.3% in the 4th quarter. Anfield Capital Management LLC now owns 309 shares of the utilities provider’s stock valued at $25,000 after buying an additional 270 shares in the last quarter. Laurel Wealth Advisors LLC bought a new position in NextEra Energy in the 4th quarter worth about $25,000. Quest 10 Wealth Builders Inc. increased its position in shares of NextEra Energy by 135.4% during the fourth quarter. Quest 10 Wealth Builders Inc. now owns 379 shares of the utilities provider’s stock valued at $30,000 after buying an additional 218 shares during the period. Strive Asset Management LLC bought a new stake in NextEra Energy during the 3rd quarter worth approximately $29,000. Finally, Joseph Group Capital Management purchased a new stake in NextEra Energy in the 4th quarter worth approximately $32,000. 78.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on NEE shares. Mizuho increased their price objective on NextEra Energy from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. HSBC raised their price target on NextEra Energy from $103.00 to $106.00 and gave the stock a “buy” rating in a research report on Tuesday, April 28th. Morgan Stanley set a $111.00 target price on shares of NextEra Energy in a research note on Thursday, May 21st. Jefferies Financial Group raised their price objective on NextEra Energy from $92.00 to $93.00 and gave the company a “hold” rating in a research report on Tuesday, April 21st. Finally, JPMorgan Chase & Co. lifted their target price on shares of NextEra Energy from $100.00 to $105.00 and gave the company an “overweight” rating in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $99.20.

Check Out Our Latest Research Report on NextEra Energy

NextEra Energy Stock Performance

NEE stock opened at $86.12 on Tuesday. NextEra Energy, Inc. has a 12-month low of $67.20 and a 12-month high of $98.75. The stock’s 50 day simple moving average is $90.80 and its 200 day simple moving average is $88.28. 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 stock has a market capitalization of $179.59 billion, a PE ratio of 21.91, a price-to-earnings-growth ratio of 2.52 and a beta of 0.68.

NextEra Energy (NYSE:NEEGet Free Report) last issued its earnings results on Thursday, April 23rd. The utilities provider reported $1.09 earnings per share for the quarter, topping analysts’ consensus estimates of $1.03 by $0.06. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.43 billion. NextEra Energy had a return on equity of 12.25% and a net margin of 29.36%.NextEra Energy’s revenue was up 7.3% on a year-over-year basis. 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. As a group, research analysts forecast that NextEra Energy, Inc. will post 4.01 earnings per share for the current fiscal year.

NextEra Energy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, June 5th were given a $0.6232 dividend. This represents a $2.49 dividend on an annualized basis 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%.

NextEra Energy Company Profile

(Free Report)

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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Institutional Ownership by Quarter for NextEra Energy (NYSE:NEE)

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