Mitsubishi UFJ Trust & Banking Corp Has $365.12 Million Position in NextEra Energy, Inc. $NEE

Mitsubishi UFJ Trust & Banking Corp lifted its holdings in NextEra Energy, Inc. (NYSE:NEE) by 33.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,159,930 shares of the utilities provider’s stock after buying an additional 1,051,054 shares during the period. NextEra Energy comprises approximately 0.8% of Mitsubishi UFJ Trust & Banking Corp’s portfolio, making the stock its 16th biggest position. Mitsubishi UFJ Trust & Banking Corp’s holdings in NextEra Energy were worth $365,117,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in NextEra Energy by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 47,272,019 shares of the utilities provider’s stock worth $3,781,790,000 after acquiring an additional 966,152 shares during the period. Norges Bank acquired a new position in shares of NextEra Energy in the 4th quarter valued at about $2,816,327,000. Price T Rowe Associates Inc. MD lifted its position in shares of NextEra Energy by 6.6% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 18,365,788 shares of the utilities provider’s stock worth $1,474,407,000 after purchasing an additional 1,136,074 shares in the last quarter. Deutsche Bank AG lifted its position in shares of NextEra Energy by 2.9% in the fourth quarter. Deutsche Bank AG now owns 17,281,357 shares of the utilities provider’s stock worth $1,387,347,000 after purchasing an additional 485,854 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of NextEra Energy by 1.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 17,220,630 shares of the utilities provider’s stock worth $1,382,473,000 after purchasing an additional 253,273 shares during the period. 78.72% of the stock is owned by institutional investors and hedge funds.

NextEra Energy Price Performance

Shares of NEE opened at $84.24 on Wednesday. The firm has a market cap of $175.71 billion, a PE ratio of 18.93, a PEG ratio of 2.30 and a beta of 0.67. The firm’s 50 day moving average price is $87.14 and its 200 day moving average price is $89.83. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.44 and a current ratio of 0.53. NextEra Energy, Inc. has a twelve month low of $69.24 and a twelve month high of $98.75.

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

NextEra Energy Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages recently commented on NEE. Mizuho set a $95.00 price objective on shares of NextEra Energy in a research report on Monday, July 27th. Bank of America cut their target price on shares of NextEra Energy from $95.00 to $93.00 and set a “neutral” rating for the company in a research report on Monday, July 13th. 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 research note on Wednesday, May 13th. Erste Group Bank cut shares of NextEra Energy from a “buy” rating to a “hold” rating in a report on Thursday, June 25th. Finally, Weiss Ratings downgraded shares of NextEra Energy from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, June 11th. 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, NextEra Energy currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.33.

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.